- June 28, 2013
- Posted by: Forex Wiki Team
- Category: FX Ind
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Author: | cmillion (2009.11.10 10:30) | ||
Downloaded: | 4940 | ||
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Author:Vladimir Hlystov Description:The indicator shows a trend table for a several timeframes in the bottom left corner of the chart. Often before the position opening the trader examines several timeframes to determine the current trend and to find the confirmations of his own intentions. This procedure may take a long time and always there is possibility for the mistake in the trend determination. I would like to suggest to use this indicator. It examines all of the timeframes using the different ways of trend determination and gives the general statement in the matrix form in the chart corner. There are 4 types for the trend determination are used: 0 - on indicator of the offset If you want to add your own method, please write me. Image:
Fig 1. The trend matrix for JPY |