The index gives early signs when a fad changes, based on ADX readings in combination with elements of cost patterns.
It works on almost any instruments and timeframes.
The index doesn’t redraw its signals. You see in history the identical picture which was in real time.
Signals are displayed with arrows for ease of perception (so as to not clutter the graph).
The index is a complete analog of the “Trend Monitor” index for MetaTrader 4
The index is a complete analog of the “Trend Monitor” index for MetaTrader 4
—– Parameters – – – – – (Block of main parameters of the indicator)
- Sensitivity of the indicator – The sensitivity of the indicator. The parameter can take the following values:
- High sensitivity (more signals) – Good to use on older TF (H4, D1 and higher).
- Medium sensitivity (optimal signals) – optimal parameters for TF M5-H1.
- Low sensitivity (accurate signals) – for TF M1, M5.
- Enable the possible signal (on the current bar) – enable / disable the signal on the current unclosed bar (probable signal).
- Use signal filter by Moving Average-filter signals by moving average (Disable-do not filter, Enable-filter, Enable and Show filter-filter and display MA).
- Period of Moving Average – the period of the moving average for filtering.
- The averaging Method – the method of averaging the filter average.
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- High sensitivity (more signals) – Good to use on older TF (H4, D1 and higher).
- Medium sensitivity (optimal signals) – optimal parameters for TF M5-H1.
- Low sensitivity (accurate signals) – for TF M1, M5.
—– Direction of the trend (an arrow in upper right corner) – – – – – (control the color settings of the trend direction)
- ON/OFF-Draw the arrow of the trend – on / off the trend arrow in the upper right corner.
- Color of Up-trend – the color of the signal arrows of the bullish trend.
- Color of Down-trend – color of the bearish trend signal arrows.
—– Messages/Sounds – – – – – (block of notifications and sound settings)
- ON/OFF-Sound when the signal-turn on / off the sound signal.
- File name of sound (signal is already generated) – name of the sound file played on the already generated signal (closed bar).
- File name of sound (possible signal) – name of the sound file played on the probable signal (current bar).
- ON/OFF-Alert-enable / disable messages in the terminal when signals occur.
- ON/OFF-Mail – enable / disable sending messages to email.
- ON/OFF-Push-enable / disable sending push messages to mobile devices.
—– Misc – – – – – (Other settings block)
- Language – the language of messages (English and Russian are supported).
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