MV Trend

MV Trend indicator finds the trend at the daily timeframe and shows the current trend in other charts. For example, trend at the daily timeframe = trend at the H4, H1, M3 .... M1 timeframes.

When the MV Trend has found the trend at the beginning of the day, this trend is fixed for the current day.

Input parameters

• MV_Trend – recommended to use 5 or 8
• TotalBars – the maximum number of bars to be displayed
• ShowChange – daily percent change (please enable object description on your chart).