This indicator is designed to determine the trend reversal points. Its main difference from others is that it does not use moving indicators of the MA type and built on its basis, namely, it does not show a trend reversal after the very fact of the reversal, but tries to predict a trend reversal even BEFORE the start of the reversal. The indicator is based on many different author’s developments that allow you to minimize the number of false signals.
The Trend Predictor indicator will be a very good assistant in your work, as it will warn you that a trend reversal is possible and it is worth paying attention to the chart.
It consists of two parts, the most confirmed signals are shown as large arrows, less confirmed by smaller arrows (you can disable them in the settings).
The indicator does not redraw its values, it gives a signal when a candle is opened.
Input parameters of the indicator:
filter – Filter parameter of the indicator to cut off false signals
showExtraSignals – Enable or disable additional signals in the form of small arrows
enableAlerts – Enable / disable Alerts when a signal appears
EmailAlert – Enable / Disable Email notifications
[spoiler title=”Read More…”]
MobileAlert – Enable / Disable Push Notifications