The R-Trend indicator calculates a certain number of R, which is used for identifying trend direction. R ranges between -1 and +1. Positive values indicate an uptrend, negative values indicate a downtrend.

The R-Trend indicator should be paired with E-Flet.

Input Parameters

• DRAWs=128 - the number of bars to draw the indicator deeper to history;
• PeriodInd=14 - calculation period in bars to calculate indicator values.