Big Trend MACD
Indicator Big Trend MACD is an improved model of the standard MACD indicator. Very lightweight and easy to use. The main purpose of the indicator - to find strong trends. With this indicator, you can easily detect small trends.
It can be used as two different instruments to determine trends, large and small. It is recommended to use it to determine the major trends, or in combination with other suitable indicators on the chart.
Features and Trends
- You can adjust the period of the indicator signal line, color bars, and the signal line.
- Being a major trend:
- Find strong trends rather simple.
- Close downtrend: last column of the indicator should close below zero.
- The signal line is below zero and not higher than the indicator column.
- A major upward trend: last column of the indicator should close above zero.
- The signal line is above zero and below the column indicator.
- Finding a small trend:
- Small downtrend: column indicator should close below the signal line.
- Small upward trend: column indicator must close above the signal line.
- Work out the entrance to the first column of the indicator, which is closed below or above the signal line.
Options
- Period - period
- Signal - period of the signal line
- Period_color - color bars
- Signal_color - the color of the signal line
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