Trender Line
This is a trend-tracking indicator that determines the change in trend through changes in color.
It can capture the big trend market and assist trend traders to enter and hold positions.
A small rebound in the market will be filtered until the end of the trend.
In the turbulent market, the horizontal line in the indicator can also be used as a support or pressure reference.
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parameter
- Period - indicator period (large stability, small sensitivity)