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TrendAccess

Description:

TrendAccess can optimize your trading time by showing you the trend via two different calculation modes quick and easy.

No more searching for Trends. Just open the chart and look at the trend display.


Features:

  • Shows Uptrend, Downtrend and "No Trend" indicator
  • Shows the calculated ZigZag Profile
  • Works on all timeframes
  • Two different calculation Modes (MACD and Candle-based calculation)

Settings:

Variable
 Standard Value Description
 Calculation Mode
  Candle based
 Choose between candle-based and MACD calculation mode (you can see the differences in the ZigZag profile)
 Calculation History
  500
  Enter the desired history in bars for the calculation
ZigZag
    
 Show ZigZag
  true
  ZigZag on/off
 ZigZag Width
  1
  Width of the ZigZag lines
 ZigZag Color
  SlateGrey
  ZigZag line color
Candle based settings
    
 Sensitivity (Bars)
  8  Enter the amount of candles that should appear, after the correction is valid
 Recalculate Trend after break
  true  After a trend break, the new trend should be recalculated from the last high or low
MACD based settings
    
 fast EMA
  12  MACD fast EMA value
 slow EMA
  26  MACD slow EMA value
 MACD shift
  10  MACD shift value
Trend display
    
 Corner
  Right upper corner  Corner of the Trend indicator
 Trend Label Color
  Black
  Trend label color
 Arrow Uptrend Color
  ForestGreen
  Color of Uptrend arrow
 Arrow Downtrend Color
  Tomato
  Color of Downtrend arrow
 Arrow No Trend Color
  YellowGreen
  Color of sideways-Trend arrow


Support:

The indicator is constantly being developed and improved.

Please do not hesitate to contact me via the MQL5 Platform. I am very grateful about any Bug report, so that i can constantly improve the indicator.

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Version 1.5 2021.07.09
New Features:
- Added a draggable vertical line, with which you can set the beginning of the trend calculation
- Added a trend counter that will show you the number of each correction in the actual trend
- Added the option to choose between 3 different break modes (to define how and when the trend is broken or breaks through point 2)
Version 1.4 2021.04.25
- Optimization of some processes, to reduce CPU usage
Version 1.3 2021.04.22
- Changed properties appearance
- Added "Calculation Mode" Switch
- Added "Candle Based" calculation
- Added Candle Based calculation parameters
-> Sensitivity
-> Trend break recalculation
- Added MACD parameters
-> slow EMA
-> fast EMA
-> MACD Shift
- several bug fixes
- removed second trend indicator

Version 1.2 2021.03.16
Improvements for Trend calculation
Version 1.1 2021.03.13
Removed "Arrow Width" setting, because it was not used.