This is a famous trend indicator in MT4 platform. Is this better than other MA based trend systems? I will let you decide that :)
Supported modes: - Trend mode: This is the default. Draws a trend line (like MA) and colors them based on the trend. - Ribbon Mode: Shown at the bottom pane. No trend lines are drawn. - OverlayMode: Bars are colored based on the current trend. Trend line is also displayed (default color=gray).
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