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Trend Radar Chart Tracker

4

Easily track and trade with the trend using this indicator.

Uses a circle and line to indicate the trend direction.

Excellent for channels.

Features alert function.

Parameter TrendPeriod can be changed to your preference.

How to use:

Simply attach to any chart.

Blue circle plus blue line cross below price = Buy.

Red circle plus red line cross above price = Sell.

Best results when taking higher time frames into consideration before entering a trade. (Hint: Wait for the radar/circle to appear on more than 3 time frames)

When trading in a channel, buy in ascending channel and sell in descending channel.

Use as you see fit for your strategy.

Best results on Major Pairs, but can also be used on other pairs.


Important to note:

  • Please do not use this indicator haphazardly, but combine it into your strategy.

  • Don't risk money you cannot afford to lose.

  • You use this indicator at your own risk. Please apply money management wisely.

  • Always test your strategy on a demo account before using a new indicator on a live account.


Comentários 1
keepitpippen
180
keepitpippen 2022.10.16 15:06 
 

use within your strategy

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Indicadores
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Indicadores
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Indicadores
Use this indicator to help determine when to open buys or sells based on the color of the line. Excellent for scalping. Settings: Deviation. TrendPeriod. Features Alerts. How to use: Simply attach to any chart with default settings. When used on lower timeframes (M1,M5,M30,H1), confirm on higher timeframes.  Buy:  Blue line below price. Best results when line is blue on multiple timeframes. Sell: Red line above price. Best results when line is red on multiple timeframes. Or change settin
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Indicadores
This indicator takes input from a trend filter to determine best entries for trades, on the crossings of the two lines. Excellent for scalping. A simple indicator that doesn't need setting up. Does not feature any alerts. How to use: Simply attach to any chart. When used on lower timeframes, also confirm on higher timeframes.  Buy:  Blue line moves to Level-0 yellow dotted line. Best results when confirming this on multiple timeframes, e.g., Daily-Weekly-Monthly. Sell: Red line moves to Level-0
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keepitpippen
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keepitpippen 2022.10.16 15:06 
 

use within your strategy

Natasha Diedericks
5860
Resposta do desenvolvedor Natasha Diedericks 2022.10.19 18:50
Thanks for your feedback. Happy the indicator is helpful in your strategy.
Responder ao comentário
Versão 1.4 2022.06.19
Issue with journal entries fixed.
Buffer update.
Alert signal update.
Input signal update.
Versão 1.3 2020.09.29
Alert issue fix.
Alert only on trend change; color change of radar/circle.
Versão 1.2 2020.08.17
Parameter TrendPeriod added for the user.
Versão 1.1 2020.08.16
Trend algorithm update.