With a Confirmed Bullish trend, you can expect the price to go higher. It also qualifies trends as being confirmed or suspect. This indicator has three trend types bullish, bearish, and sideways. A comment is placed in the top left corner of the chart detailing the current trend along with arrows printing on the chart each time the trend changes. Theoretically, you could trade with the trend when the trend is strong and fade the trend when the market is range-bound. It also identifies those times when the market is not trending. Using the Fractal Trend Finder you can easily tell if you are trading with the trend or against it. The Fractal Trend Finder indicator examines the chart for you and reveals what the current trend is based on objective criteria. How would you like to instantly know what the current trend is? How about the quality of that trend?įinding the trend on a chart can be subjective.
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