EZT Trend
The EZT Trend indicator will show you the trend, the pullback and the entry opportunities. Optional filtering and all type of alerts are available. E-mail and push notification alerts are added. We are also developing an EA based on this indicator, which will be available soon.
It is a multi-functional indicator consisting of two color histograms and a line. It is a visual representation of a trend direction and strength, also you will find divergence many times, either on the line or on the histogram.
The indicator works well with the auto parameter settings. Those are pre-determined for the given timeframe, and we recommend using the indicator with that settings. In manual mode, you can set your own parameters. This is a multi-timeframe (mtf) indicator.
The indicator works well with a combination of our other indicators, like the MTF rsi or the MTF cci, or the MACD pro.
The more volatile the traded instrument, the smaller timeframe you should use to find the best entries. Always consider higher timeframe direction!
In order to do that, you should use more instances of the indicator.
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