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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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Versão 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)
Versão 1.4 2021.04.25
- Optimization of some processes, to reduce CPU usage
Versão 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

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