Alpha Trend Spotter Free - MetaTrader 4 için gösterge

Real author:

Andy Ismail

This is an indicator for finding the strongest trend each day, suitable for intraday trading or a swing trading.

How to use:

1. RED BAR means Bearish Trend for the next candle;
2. GREEN BAR means Bullish Trend for the next candle;
3. ORANGE BAR means Sideways Trend for the next candle.

Example:

If we are using D1 timeframe, see the last BAR. If the bar is RED BAR, open short/sell for today.

If we are using H1 timeframe, see the last BAR. If the bar is GREEN BAR, open long/buy until next hour.