Welcome traders.
This is ＴＲＥＮＤＩＮＡＴＯＲ , the best indicator to trend following trading.
It consists of four elements:
1 - The cloud: Formed by two moving averages that cross each other and varies from red color ( bearish trend ) to green color ( bullish trend ) depending on the short trend. They are more sensitive to price changes.
2 - The power line: A slow...
It shows the maximum and minimum of each month, week or day
They have several utilities, for example to detect the closest supports and resistances, to quickly visualize an uptrend (highest highs and lows), a downtrend (lowest highs and lows) or ranges (none of the above)
