EasyTrend AM

This indicator follows the price movements with high accuracy, allowing not only to open a position, but also to maintain the opened position to minimize the potential losses. This indicator does not repaint or not recalculate.

Signal of the indicator

• first red dot appearing above the price graph - possible start of a downtrend;
• first green dot appearing below the price graph - possible start of an uptrend;

Principles of using the indicator

Option 1

Buy when the price value exceeds the High (with consideration of spread) of the bar, where the price is greater than the indicator value (green dot);

Sell when the price value exceeds the Low (with consideration of spread) of the bar, where the indicator value is greater than the price (red dot);

Option 2

Place a buy stop order in the direction of the uptrend according to the indicator values during a rollback (buy stop order according to the values of the red line);

Place a sell stop order in the direction of the downtrend according to the indicator values during a rollback (sell stop order according to the values of the green line).

Adjustable parameters of the indicator

• Sensitivity (>0) - indicator sensitivity;
• IndBarsCount (>-1) - number of bars the indicator is displayed on;
• alerts - show a dialog box containing user data;
• Text_BUY - custom text for buy signals;
• Text_SELL - custom text for sell signals;
• Send_Mail - sends an email using an address specified on the Email tab of the options window;
• Subject - subject of the email;
• Send_Notification - sends push notifications to the mobile terminals, whose metaQuotes IDs are specified in the "Notifications" tab.

Feedback and suggestions are welcome.