It is based on Multiple EMA indicators. The idea is that how to display multiple Exponential Moving Averages on the chart easily without placing them one by one. It has also BLUE-RED trend lips to define UPTREND and DOWNTREND whichas BLUE is UPTREND and RED is DOWNTREND.You can change the colors by going to Indicator properties --- colors.

There are 2 external setting. They are Period and Shift. When you change them (period and or shift ) then all will automatically adjust.

For any currency pairs and any timeframes.

Parameters

• Period: the number of bars used for the indicator calculations. Default: 99 used for TF M5
• Shift: The number of bars used for the indicator to shift backward ( the value=negative) or shift forward (the value=positive)

Recommended timeframe M5-M15 for the default setting.