LuTrenderMTF
This indicator shows the trend and direction changes.
If left with the default values it will show the trend on the current timeframe in use.
From the settings you can change the timeframe of each row in order to set it as you like.
For example: I use this indicator on the Daily timeframe with the following settings:
TF1 = 3 hours
TF2 = 4 hours
TF3 = Daily
TF4 = Weekly
TF5 = Monthly
So I can see quick direction changes on lower tiemframes which fit very well with my daily trading.
You can also add the alerts for the 2 conditions, all green column and all red column.
This indicator should support a basic idea and prepared signals. If you don't have a clear idea, try using the LuBot indicator which shows signals and many other tools in one indicator. You can ask for info and screenshots whenever you want without obligation on the chat.
If left with the default values it will show the trend on the current timeframe in use.
From the settings you can change the timeframe of each row in order to set it as you like.
For example: I use this indicator on the Daily timeframe with the following settings:
TF1 = 3 hours
TF2 = 4 hours
TF3 = Daily
TF4 = Weekly
TF5 = Monthly
So I can see quick direction changes on lower tiemframes which fit very well with my daily trading.
You can also add the alerts for the 2 conditions, all green column and all red column.
This indicator should support a basic idea and prepared signals. If you don't have a clear idea, try using the LuBot indicator which shows signals and many other tools in one indicator. You can ask for info and screenshots whenever you want without obligation on the chat.
Release Notes:
Added alerts for all green column, all red column and generic alert that warns when there is a change in color of the column.
LuTrader Garage : linktr.ee/LuTraderGarage