An indicator for trend following trading implemented in the form of a colored cloud. Open a position when the color changes. Monotonic convergence of the lines indicates the fading trend.
This indicator is actually a combination of the bull and bear power indicators, one of which is upside down.
The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article “Averaging Price Series for Intermediate Calculations Without Using Additional Buffers”.
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