Applicable Instruments: All instruments Applicable Timeframes: Any
The Trend Dots Indicator uses price curve angle calculations to determine trend direction in real-time, marking it with blue and red dots on the chart. Blue dots indicate uptrend, red dots indicate downtrend. The trading strategy is simple: enter when 2 consecutive same-color dots appear, exit when an opposite-color dot appears. Supports filter and deviation settings to reduce false signals in ranging markets.
Extend this EA with custom functionality or strategy adjustments