“Trend strength” is usually used on oscillators. But we also started using it on a non-oscillator types of indicators. This is one of them
This version :
It is using Ehlers’ deviation scaled moving average as a basi value fro trend strength calculation. The value is displayed on the main chart (the trend strength as well as the DSMA value too)
TrendStrength - indicator MetaTrader 5 The real author: Chaos The indicator to define the global trend. The direction of the oscillator movement is used as…
