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ScalperIntel

Trend Meter

Trend Meter

Regular price $90.00 USD
Regular price Sale price $90.00 USD
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License Type

Trend Meter is an emerging indicator that combines multiple traditional methods of identifying trend direction in one single indicator. The indicator provides various selections of trend meters, which you can use to select your five favorite algorithms
1 - MACD Crossover - 12, 26, 9
2- MACD Crossover - Fast - 8, 21, 5
3- Mom Dad Cross (Top Dog Trading)
4- RSI Signal Line Cross - RSI 13, Sig 21
5- RSI 13: where RSI > or < 50
6- RSI 5 where RSI > or < 50
7 - Trend Candles
8 - MA Crossover
9 - MA Direction - Fast MA - TB1
10 - MA Direction - Slow MA - TB1

The indicator will turn green for bull signals and red for bear. You can use this indicator as the confluence with another buy/exit indicators to confirm the trend direction. It is best used when all meters confirm the same color!
The indicator provides visual plots for manual trading and transparent plots, which can be used in your strategy automation or market analyzer
(1): Means Bull/Green
(-1): Means Bear/Red

Features

- Trend Following
- Trend Filter
- Confluence

Recommended Timeframe

All Timeframes

Supported Systems

NinjaTrader 8, SharkIndicators Bloodhound 1 or 2, and SharkIndicators Blackbird 1

Version

1.0

First Release Date

View full details
  • License Terms

    Prices presented above are per Single Machine.

    Version minor upgrades and bug fixes are included within the lifetime license. For more license details, review Terms of Service

  • Refund Terms

    7-days 100% money back guarantee when trial licenses was not offered for the customer. For more details, review Refund Policy