AlphaTrend AM

AlphaTrend AM

The presented indicator, based on the volatility readings of a financial instrument plots dynamic S/R levels on the price chart.

The indicator determines the trend and points to possible entry points formed by local highs/lows.

The indicator allows you to notify the user of its signals by sending messages to the terminal and e-mail.

The indicator does not repaint or recalculate.

Signals when working with the indicator:

• The appearance of a red arrow above the price chart is a possible start of a downward trend;
• The appearance of a green arrow below the price chart is a possible start of an upward trend;
• Line - S/R levels.

• Period_ATR - the chart period for which the volatility of the financial instrument is taken to set the indicator filter; 
• Factor_ATR - the indicator sensitivity to the volatility of the financial instrument; 
• Number_of_bars_calculated - the number of bars on which the indicator will be calculated and displayed (> 300); 
• Alerts - the indicator displays a dialog box containing information about the indicator signal;
• Send_Notification - the indicator sends a notification to mobile terminals whose MetaQuotes ID is specified in the settings window on the "Notifications" tab;
• Send_Mail - the indicator sends an email to the address specified in the settings window on the "Mail" tab.

Attention:

With respect and best wishes,

Andrii Matviievskyi

P.S.

If you liked this product, I would be grateful for a fair assessment - positive user reviews motivate the author, and reasonable criticism allows us to make products better.

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