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The Trend Bars indicator works using a set of algorithms and a set of indicators. It finds the current trend based on many factors. The indicator has 4 operating modes. Mode 1 shows short-term trends. Mode 2 shows medium- and short-term trends. Mode 3 shows medium- and long-term trends. Mode 4 shows long-term trends.
A simple and convenient indicator. The user can easily see the trends. The indicator shows 3 trend states. Ascending, descending and neutral. You can use this indicator independently or in combination with other indicators in accordance with your strategy.
- The indicator has 4 operating modes.
- Mode 1, short-term trend. Mode 2, medium-term and short-term trend. Mode 3, medium and long-term trend. Mode 4, long-term trend.
- The color DeepSkyBlue is set for the uptrend.
- The Violet color is set for the downtrend.
- Gray color is set for a neutral trend. This color means no trend.
- You can customize the colors to your liking.
- You can also adjust the width.
- Mode – mode of operation. Mode 1, short-term trend. Mode 2, medium-term and short-term trend. Mode 3, medium and long-term trend. Mode 4, long-term trend.
- UP_color – color for the uptrend.
- UP_width – width for the uptrend.
- DOWN_color – color for the downtrend.
- DOWN_width – width for the downtrend.
- NOTR_color – color for a neutral trend.
- NOTR_width – width for a neutral trend.
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use mode 4 and mode 2 for enter and mode 2 for exit! indicator best win if have long trends up or down.