RunwiseFX Trend Strength
- 指标
- Runwise Limited
- 版本: 1.2
- 更新: 17 十一月 2021
- 激活: 5
The indicator displays trend strength, including showing the transition from buy to sell and visa versa. It is ideal for trend following strategies and also highlights possible reversals/flattening trend with a yellow X on the indicator window. By default, the indicator does not repaint/flicker, however, there is an option to calculate on the live candle but even then the indicator will not repaint unduly. The indicator can also be used for exit.
Usage
Enter long/buy trade when the indicator transitions from red to green. Enter sell/short when the indicator transitions from green to red. Do not trade if a yellow X is shown for the current candle. During a trade you can consider an exit when the yellow X appears, and definitely if the indicator changes to the opposite color.
Inputs
- Main_calcLiveCandle - If set, then the indicator will calculate on the current live candle. Naturally, this will cause some repainting of the indicator value for that candle.