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The Trend Magic Alarm indicator shows the trend direction, as well as notifies you of a trend change with an audio notification and a pop-up notification. The blue dots on the chart indicate an uptrend, and the red dots indicate a downtrend.

The indicator is used in the Trend Magic Expert Advisor.

  • Counter – the number of bars to calculate
  • PowerSet – proximity of trigger points to bars
  • DotSize – the size of the displayed points

The colors of the dots can be changed.

The indicator works on all charts, includes the functions of an audio notification and a pop-up notification of a trend change, as shown in the screenshot.

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Published

20 May 2015

Updated

13 June 2019

Current Version

1.1

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