The Half Trend is an indicator that calculates the Maximum Price “High” and Minimum Price “Low”. The Half Trend works with all of the Moving Averages, where the default is Simple Moving Average.
This Indicator assists you to get strong Entry Points. To ignore false signals caused by rapid price changes in a time frame, add “Bars ago”, so the current bar will be ignored. As an example when a false signal is in the H1 time frame, we won’t be seeing it.
When the trend is confirmed, you will see an Arrow after the bar close. The arrows and pips shown can be switched on and off from the indicator settings.
Use this Indicator in combination with the Price Change Dashboard to get the best results in price trend movement.
1.0.0 (June 25, 2020) - Released
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