Would you like to know instantly what the current trend is? What about the quality of this trend?

Finding a trend on a chart can be subjective. The Fractal Trend Finder indicator analyzes the chart and determines the current trend based on objective criteria. With Fractal Trend Finder, you can easily understand whether you are trading with or against a trend. It also indicates the time when there is no trend in the market. Theoretically, you can trade on the trend in the presence of a strong trend, and trade against the trend in the range of the market movement. In the upper-left corner there is a comment describing the state of the current trend. Also, every time a trend changes, the chart displays arrows indicating its direction. The indicator does not redraw.

The indicator indicates three types of trend: bullish, bearish, and sideways. It also divides trends into confirmed and assumed ones.

With a confirmed bullish trend, we can expect prices to rise. If the trend is presumably bullish, the price may go up or down, this indicates a market movement within the range. Sideways trends are always within the range, and they can also be divided into confirmed and assumed. With a confirmed bearish trend, we can expect a decline in prices. If the trend is presumably bearish, the price may go down or up, but the market is within the range. In general, the market is trending only 15-30 percent of the time.

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• Show detailed journal entries? – if true, the Experts tab displays detailed information.
• What type of alert would you like? – the type of alerts used, available options: None-disabled, On Screen-On-screen alerts, Push-push notifications, Email-messages to email.
• Send alert each time the trend changes? – if true, alerts are enabled when the trend changes, if false, they are disabled.
• Alert for which specific trend? – a drop-down list with a choice of the type of trend for which alerts will be sent.
• Alert for which another trend? – select an additional trend type.

How does Fractal Trend Finder work? Additional information (in English) is available in the blog:

• DOES NOT redraw.
• NOT recalculated.
• Signals at the CLOSE of the bar.
• It works on ALL pairs.
• It works on ALL timeframes.
• It can be used in Expert Advisors.
• On-screen, email, and push notifications are available.
• Works in the strategy tester.

For developers:

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