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informanerd
1 Ags 2020 pukul 09.11

Up/Down Trend Marker 

Euro Fx/U.S. DollarFXCM

Deskripsi

A simple indicator of trend by using 3 EMAs of multiplies of 2, 5 and 10, filtered by standard positive/negative directional movements (DM) which are the base of Average Directional Index (ADX).
The "Trend Strength" option is included to set the EMA multipliers and also the variation between DM+ and DM- which interpret the trend as a weak or a strong one.
Note that the markers only point to almost the beginning of the trends and just change the direction when the opposite trend is detected.
Feel free to send me your opinions.

Catatan Rilis

Added another filter based on Renko Chart idea with brick size calculated from ATR (Average True Range)
Komentar
SalSar
is it possible to send me this indicator in mt4 format?
blackcat1402
this is a good inidcator for swing trading
informanerd
@blackcat1402, I'm glad you could use it.
happySwift38202
Why is renkoStep constant?
Irabuyer
Hi,it is is so good, tnx
Just why alarm doesn't work ?
informanerd
@Irabuyer, it does not have alarms!
Irabuyer
@informanerd, really sorry I'd made mistake, actually alert doesn't work.
informanerd
@Irabuyer, This indicator does not trigger any alert.
MoreCrazy
easy and very useful, no repaint right?
informanerd
@MoreCrazy, After the bar close, no.
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