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MetaTrader 5 Indicator | Trend_ID

24.7.25 0

Trend identifier oscillator is a trend/flat identifier.

There are five inputs:

  • MA period - averaging МА period
  • MA applied price - averaging МА calculation price
  • Signal period - signal line period
  • Deviation period - deviation calculation period
  • Deviation factor

One of the possible interpretation methods:
If the signal line is inside the deviation corridor, then we can assume that the market is flat. If it is outside, the market is in a trend.

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