The index gives early signs when the trend changes, based on the ADX readings in combination with elements of price patterns.

It works on all devices and timeframes.

The index doesn’t redraw its signals. You see the exact same image in the history that was in actual time.

The signals are displayed with arrows for ease of perception (so as to not clutter the chart).

The index will be a complete analog of the “Trend Monitor” index for MetaTrader 4

—– Parameters – – – – – (Block of the 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 open 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 – turn 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 – the color of the bearish trend signal arrows.

—– Messages/Sounds – – – – – (block of notifications and sound settings)

• ON/OFF-Sound when the signal – enable / disable the sound signal.
• File name of sound (signal is already generated) – the name of the sound file played on the already generated signal (closed bar).
• File name of sound (possible signal) – name of the audio 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).

Limitation of the demo version: The indicator is fully functional on the NZDUSD pair (history real-time). On other instruments, you can view signals only on the history (further 5 bars from the current one).

The full version is here.

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