Profit Accumulator Trend Slope
I've been getting very good results with this indicator, using it in conjunction with the Profit Accumulator Main Indicator.
This indicator uses a number of methods for detecting reversals and the start of new trends.
The basis is simple in that when the trend lines cross above the zero line, it indicates a possible long entry and crossing below the zero line, indicates a possible short entry.
The strongest signal is when they all cross the zero line in one timeframe.
In terms of options/settings, I've included the following:
I've also added an alert option for when the lines cross the zero line.
This indicator uses a number of methods for detecting reversals and the start of new trends.
The basis is simple in that when the trend lines cross above the zero line, it indicates a possible long entry and crossing below the zero line, indicates a possible short entry.
The strongest signal is when they all cross the zero line in one timeframe.
In terms of options/settings, I've included the following:
- Multiple Timeframe
- Changing the lengths.
I've also added an alert option for when the lines cross the zero line.
Versionsinformation:
Just added in a fill color option on this to make it clearer when the trend lines are above or below zero.
Versionsinformation:
Minor fill modification