NELODI Trend Painter – library MetaTrader 5

Trend indicator based on calculations similar to those found in “Ichimoku Kinko Hyo”, with a wide range of drawing styles and parameters to fine-tune the calculation. It can be used on its own, or in combination with the NELODI Trading Terminal.

When used together with the NELODI Trading Terminal, make sure to add “NLD_TrendPainter” before you add the “NLD_Main” indicator from the NELODI Trading Terminal, because the Trend Painter uses XOR when drawing and would mess up colors of the Main indicator from the Trading Terminal, if it was placed on the top of it.

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USE AT YOUR OWN RISK!

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