TAT (Trend Analyzer Tool) – indicator MetaTrader 5
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The indicator is similar to the standard MACD, but is calculated using both MACD and SAR, which enables it to generate confident signals in trend areas. Overbought/oversold levels allow tracking trend reversals or rollback. The indicator showed good results on higher timeframes, H1 and above.
It has ten input parameters:
MACD Fast EMA period – period of MACD’s fast EMA;
MACD Slow EMA period – period of MACD’s slow EMA;
MACD Signal MA period – period of MACD’s signal line;
SAR step – the step parameter of the standard SAR;
SAR max – the max parameter of the standard SAR;
MACD multiplier – MACD multiplier parameter;
SAR multiplier – SAR multiplier parameter;
TAT Signal period – indicator’s signal line period;
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