A trend state indicator. It is a signal modification of the trend indicator of the same name.
It has only one input parameter:
- Period – indicator calculation period.
The indicator displays color marks on a chart indicating the trend state. Six types of marks are possible:
- Strongly up – a strong uptrend;
- Up – an uptrend;
- Uncertainly up – an uncertain uptrend (rollback/consolidation after an uptrend);
- Strongly down – a strong downtrend;
- Down – a downtrend;
- Uncertainly down – an uncertain downtrend (rollback/consolidation after an uptrend).
Similar MetaTrader Trading Tools:
