This tool is the best for detecting trends in any system, especially when used with the popular Cross Signal indicator.
Strategy :
You can choose strategy from setting
- Searching Tenkan-sen and Kijun-sen cross in all time frames. Red color means that the last cross is bearish, green means that the last cross is bullish, and yellow means that Tenkan-sen and Kijun-sen overlap. Note : Sometimes the letter T is written under the time frame, which means that closing the price after trigger point.
- Searching trends based on moving. You can specify the type of mowing from the settings. This strategy is weaker than first, but may be helpful for some strategies.
Indicator facilities :
- You can use the indicator twice in the chart, but the second time you want to add it to the chart, you should give it a new name from the last item in settings so that there are no similarity problems.
- The type of strategy can be changed from the settings.
- The ‘R’ button performs the refresh operation, which has two modes:
- Automatically at the beginning of each candle
- Manually with the help of R button
- Button C exits the indicator.
- You can change the location of the indicator from the settings.
Signal strength indication :
- As shown in the picture above, the indicator letter T indicates a bearish trend. All the crosses were bearish until the daily timeframe, but the price crossed the entry trigger and has since descended, giving a sell signal.