The Trend Magic Indicator shows the direction of a trend and indicates when it changes. Blue dots in the chart indicate an uptrend, red dots indicate a downtrend.

The indicator is the trigger for the Trend Magic Expert.

Input Parameters

• Counter: number of bars used for calculation
• PowerSet: shows how near to the bars the trigger dots are placed
• DotSize: size of the shown dots

The colors of the dots can be changed.

Difference from the paid version

This is a free version, it works in every chart. The paid version Trend Magic Alarm informs with a sound and a popup window when the trend direction changes, as shown in the picture below.