The indicator is designed to determine the trend direction and price reversal points. This indicator is a deeply modified Parabolic SAR.
- Does not redraw
- Calculation on an active candle
- If the price is higher than the indicator, the trend is up. If the price is lower than the indicator, the trend is down;
Trading:
- if the color and direction of the trend has changed, open a position and close it with a take profit, or hold the position until the next trend change.
- you can also trade on the price rebound from the indicator.
- the indicator can be used as an addition to your trading system for additional confirmation.
- the indicator shows itself best on lower timeframes. Therefore, it is well suited for those who prefer scalping in trading.
- BarsHistory – how many bars to use to display the indicator.
- IndicSpeed-display of the indicator with acceleration of data readings.
- send_notifications-sending a message about a trend change to a smartphone.
* true – enabled, false-disabled.