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TRENDEX - Professional Trend Indicator

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Trendex is a powerful trend detection indicator designed for traders who want clear, actionable BUY and SELL signals directly on their cTrader charts.

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WHAT TRENDEX ANALYZES

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Trendex analyzes price action using a proprietary algorithm based on:

- High/Low price movements with configurable amplitude

- Moving average smoothing for signal precision

- ATR-based volatility measurement

- Trend strength calculation with bar-by-bar analysis

The indicator combines these elements to generate reliable trend reversal signals while filtering out market noise.

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HOW TO READ THE SIGNALS

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▲ GREEN ARROW = BUY Signal

The trend turns bullish. Price crosses above the Trendex line.

Enter long positions when the green arrow appears.

▼ RED ARROW = SELL Signal

The trend turns bearish. Price crosses below the Trendex line.

Enter short positions when the red arrow appears.

📊 DASHBOARD

Displays real-time information: current price, Trendex line value,

distance in pips, bars in trend, trend strength (0-100%), ATR value,

and volatility percentage.

📏 TRENDEX LINE

Green line = Bullish trend active

Red line = Bearish trend active

The line acts as dynamic support/resistance.

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KEY SETTINGS & PARAMETERS

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- Amplitude (default: 2): Sensitivity of trend detection

- ATR Period (default: 100): Volatility measurement period

- Smoothing: Moving average type (Simple, Exponential, etc.)

- Arrow Offset: Distance of arrows from the line

- Minimum Trend Bars: Filter weak signals by minimum trend duration

- Show Dashboard: On/Off with 4 position options

- Sound Alerts: Audio notifications on signal changes

- ATR Channel: Visual volatility bands

- Hide Last Bars: Shift indicator to avoid repainting

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TRADING SCENARIOS

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✅ Scalping (M1-M5)

Use Trendex with Amplitude 1-2 for quick entries.

Combine with ATR channel to set tight stop losses.

✅ Day Trading (M15-H1)

Default settings work best. Wait for arrow confirmation

and use the Trendex line as trailing stop.

✅ Swing Trading (H4-D1)

Increase Minimum Trend Bars to 3-5 to filter noise.

Use dashboard strength >70% for high-confidence setups.

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WHO IS THIS FOR

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- Beginner traders: Clear visual signals make decisions easy

- Experienced traders: Professional dashboard and filters

- Scalpers: Fast signals on low timeframes

- Day traders: Reliable trend following

- Swing traders: Strong trend confirmation tool

Works on ALL markets: Forex, Indices, Commodities, Crypto, Gold.

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IMPORTANT NOTES

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- Trendex is a technical analysis tool, not a guarantee of profit

- Always use proper risk management

- Combine with support/resistance levels for best results

- Past performance does not guarantee future results

- The indicator may repaint on the current bar until it closes

- Test on demo account before live trading