Trend corrections

The main aim of this indicator lies in determining entry points on trend corrections.

The indicator is based on the Moving Average (MA), Bill William's oscillator (Awesome Oscillator, AO) and N pattern.f

It gives accurate entry signals which appear as a dot on the current candle.

It is strongly recommended to use technical analysis (support/resistance lines and channels) to filter signals.

Enter by market or using pending orders on the level of the entry point.

The indicator has flexible settings to adapt to the market situation.

Indicator Parameters

• mode: indicator type
• Standard version_MA_AO_N: standard version of the indicator
• version_MA_N: without the АО (Awesome Oscillator) filter
• version_MA_simplified pattern N: simplified filter of N pattern
• version_MA_extreme pattern N : N pattern without the filter
• N: pattern algorithm
• ma_period: Moving Average period
• ma_method: smoothing methods
• alertOn: enable or disable sound alert