Trend Trader by Al
This Parabolic indicator which shows the change in trend, so that you can successfully open a transaction on an uptrend and downtrend.
How does it work:
- Follow the trend and trend changes.
- The following illustrates the intersection using the color of the trend line.
- It shows the entry and exit points by varying the color of the trend.
- It works well on any timeframe, but it is best to H1, H4 and D1.
- It works with any character pairs.
Signals work best for H1, H4 and D1, but the indicator can be used on all timeframes.
Please watch for changes in color of the trend line to open the transaction.
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