Easy Trend Visualizer MetaTrader indicator
this indicator does exactly what its title is letting you know. It shows in which the trend starts, where it ends and where there is certainly no trend at all. It's considering standard MetaTrader ADX (Average Direction Movement Index) indicators and works quite fast.Simple Trend Visualizer shows itself into the primary chart screen. Readily available for MT4 and MT5 platforms.
Input parameters:
ADXperiod1 (default = 10) — period of the first ADX indicator.
ADXperiod2 (default = 14) — period of the second ADX indicator.
ADXperiod3 (default = 20) — period of the third ADX indicator.
UseAlert (default = false) — issue MetaTrader alert on horizontal line start.
Note:You ought to be warned that this indicator redraws the current club. Therefore, it's not really a good idea to enter a situation on the basis of the sign of the current club. Previous bars are not redrawn and certainly will be utilized as the safe entry signals. Although Easy Trend Visualizer is fairly accurate there are lots of false signals. But they ought ton't be a real issue since a stop-loss degree can reduce losings. Its also wise to exit jobs if the trend is over.
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