Trend Swings

 This is a very simple to use indicator. If the candle or current price is below the Yellow line, it indicates Down Trend.

Similarly, If the candle or current price is above the Aqua line, it indicates UP Trend.

This indicator is ideal suite for scalping in lower timframes like  M1 and M5. And also a ideal choice for Binary options trading.

Combining trends with multiple timeframes can make best signals for relatively long term trading as well.