Keep it simple
This is the punchline of this trend indicator. Just have a look at the control panel :
There is just a volatility sensitivity (from 1 to 3, 1: low sensitivity, 2: medium, 3: high) to adjust at your asset. And that’s all.
You can also choose to display potential entries, while being aware of the global context.
The screener is described at the very bottom.
Have look at some examples
Dynamic trend
Static trend
Dynamic trend with entry
And if your UT is in a range and your trend is broken several times in a short time, just go to a higher/lower UT.
More screens on twitter : https://twitter.com/TradingHorus
Screener
The screener returns the number of bars since the start of the trend.
If the value is below 0, it is a downtrend, if the value is above 0, it is an uptrend.
fabrice.cazes (verified owner) –
Simple, effective visual indicator. Identify the trend at a glance! Possibility of working an approach in multiple time units in the Alexander Elder triple-screen style. Bravo to the developers for this tool…
Beaky (verified owner) –
Simple indicator to keep you on the right side of momentum/trend. I can’t speak highly enough of this and especially the footprints from Horus, the end results far outweigh the initial cost.
clnh59 (verified owner) –
Very good indicator. The best thing is that you don’t have to set the period. Just choose your UT. Allows you to validate your trend and/or improve your entry.