Индикатор Форекс Trender-color

what is "Trend Oscillator"?
it is an indicator for determining the trend.

what it does?
analyzes the price action by reducing it to 4 different situations. Red means strong bear, orange means bearish, yellow means weak bull and green means strong bull. It was developed to help traders who trade in the direction of the trend and its biggest promise is to simplify price action.

how it does it?
He defines 4 different situations as follows. If the velocity of the price is positive and the acceleration is positive, it is a strong bull, if the velocity is positive and the acceleration is negative, it is a weak bull, if the velocity is negative and the acceleration is positive, it is a weak bear, if both velocity and acceleration are negative, it is a strong bear.

2 for strong bull
1 for the weak bull
-1 for weak bear
Creates a function that takes values ​​of -2 for the strong bear. this function is the velocity of the principal indicator, and then the integral of this function forms the principal indicator.

how to use it?
"source" is used to change the source of the indicator,
"length" makes the indicator give a later but less signal.
you can use it to follow or analyze the trend. colors make it easy to use. learns about current or past trends by looking at colors. Like any trend indicator, it can give unsuccessful signals in a horizontal trend.

What Is a Golden Cross?

A golden cross is a chart pattern in which a relatively short-term moving average crosses above a long-term moving average. The golden cross is a bullish breakout pattern formed from a crossover involving a security's short-term moving average (such as the day moving average) crossing above its long-term moving average (such as the day moving average) or resistance level.

As long-term indicators carry more weight, the golden cross indicates the possibility of a long-term bull market emerging. High trading volumes generally reinforce the indicator.

How Does a Golden Cross Form?

The golden cross is a momentum indicator, which means that prices are continuously increasing—gaining momentum. Traders and investors have changed their outlooks to bullish rather than bearish. The indicator generally has three stages.

The first stage requires that a downtrend eventually bottoms out as buyers overpower sellers. In the second stage, the shorter moving average crosses over the larger moving average to trigger a breakout and confirms a downward trend reversal.

The last stage is a continuing uptrend after the crossover. The moving averages act as support levels on pullbacks until they cross back down.

The most commonly used moving averages in the golden cross are the day- and day moving averages. Generally, larger periods tend to form stronger, lasting breakouts. For example, the day moving average crossover up through the day moving average on an index like the S&P is one of the most popular bullish market signals.

Day traders commonly use smaller periods like the 5-day and day moving averages to trade intra-day golden cross breakouts. Some traders might use different periodic increments, like weeks or months, depending on their trading preferences and what they believe works for them.

But when choosing different periods, it's important to understand that the larger the chart time frame, the stronger and more lasting the golden cross breakout tends to be.

Example of a Golden Cross

The image below uses a day and a day moving average. The day moving average trended down over several trading periods, finally reaching a price level the market couldn't support. The day moving average flattened out after slightly trending downward.

Prices gradually increased over time, creating an upward trend in the moving day average. The trend continued, pushing the shorter-period moving average higher than the longer-period moving average. A golden cross formed, confirming a reversal from a downward trend to an upward one.

Notice that the price range of the candlesticks made a significant jump when the downward trend bottomed out and turned into an uptrend. Something likely occurred that changed investor and trader market sentiments at this time. The candle bodies were large (the difference between open and close prices), and more days closed with prices much higher than opening during the first uptick after the day moving average bottomed.

The Difference Between a Golden Cross and a Death Cross

A golden cross and a death cross are opposing indicators. The golden cross confirms a long-term bull market going forward, while a death cross signals a long-term bear market. Either crossover is considered more significant when accompanied by high trading volume.

Once the crossover occurs, the long-term moving average is considered a major support level (in the case of the golden cross) or resistance level (in the instance of the death cross) for the market from that point forward. Either cross may appear and signal a trend change, but they more frequently occur when a trend change has already occurred.

Limitations of the Golden Cross

All indicators are “lagging,” which means the data used to form the charts has already occurred. This means that no indicator can truly predict the future. Many times, an observed golden cross produces a false signal. Despite its apparent predictive power in forecasting prior large bull markets, golden crosses also regularly fail to manifest. Therefore, other signals and indicators should always be used to confirm a golden cross.

The Bottom Line

A golden cross is believed to confirm the reversal of a downward trend. The key to using the golden cross correctly—with additional filters and indicators—is to use profit targets, stop loss, and other risk management tools. Remember to maintain a favorable risk-to-reward ratio and to time your trade rather than just following the cross mindlessly.

The developers of the Color Trend FX indicator claim that it shows in the graph the exact entry points to the market, exact exit points, the maximum possible benefit of a trade (for those who make profits according to their own system for outbound offers), points behind open positions as well as detailed statistics. Statistics make it possible to choose the most cost-effective trading instruments and also to determine the potential benefits.

Overview

The indicator does not redraw your signals, is easy to configure and manage, and is suitable for beginners, advanced merchants, and professionals. Color Trend FX is just one part of the business tool portfolio that has Alexey Minkov, the developer of this indicator, and will, therefore, be continuously updated and supplemented with new features, which will be available to all users. He is a very active developer and gives an excellent after-sales service to his clients, according to the opinions contrasted by us.

Color Trend FX Features:

• Automatically determines market entry points
• Automatically determines market exit points
• Can be used in any symbol and deadlines
• Ability to track open positions
• Extended ticket statistics (separate for bids for purchase and sale)
• Email notification, terminal alerts, and push notifications functions
• The signs are not repainted
• Signs strictly on the &#;Bar Lock&#;

Main Adjustments

-Accuracydelta &#; precision of the input filter. The lower the value, the more &#;noise&#; the signals.

-If the rating is large, the signal may be delayed.

-Days needed for calculation &#; total number of days for calculation.

-If your computer is not very up-to-date on hardware, you may be able to limit the number of bars for calculations

-Show extended statistics &#; shows extended statistics on offers.

-Delta to Draw Arrows (in Pips) &#; scrolling in pips to show the signs on the chart.

Important Note

The purpose of this instrument is to show precise entry points, points for final open positions, and exit points. It also shows statistics on the potential benefit for the current instrument and the time frame. It is not advisable to trade during important news, in order to avoid false entries. Trading in a low volatility market is not recommended.

The principle of using the average profit data in the current symbol and timeframe. By analyzing different pairs and time frames, you can choose the most cost-effective pair and the right time frame for your trading style. Knowing the average benefit of the current instrument and the timeframe, you can select the average profit level for the next operations.

Conclusion

In short, we talk about a very complete indicator and it can be very useful for a beginner trader, as it is a straightforward tool to use and to understand. This indicator can be found in the MQL market in the indicators section, at a price of 60 USD, is not available for rent, but it has a demo version so you can try it out and know it before buying it.

This Forex service can be found at the following web address: eunic-brussels.eu