Half Trend – Trend Reversal Indicator for cTrader

Half Trend is a clean trend-following indicator designed to highlight potential changes in market direction. It displays separate bullish and bearish trend lines directly on the chart, helping traders identify when momentum may be shifting.

The indicator can be used on standard time-based charts as well as Renko charts. It is particularly useful as an additional confirmation tool after a Daily Level Sweep, during volatile news-driven movements, or when waiting for the market to establish a clearer direction.

Key Features

• Bullish and bearish Half Trend lines
• Visual arrows at potential trend changes
• Optional pip measurement between consecutive signals
• Adjustable amplitude and smoothing method
• Configurable Maximum and Minimum Price sources
• Compatible with standard timeframes and Renko charts
• Suitable for Forex, indices, commodities, stocks and cryptocurrencies

Renko Trading

Half Trend works particularly well with Renko charts because smaller price fluctuations are filtered by the selected brick size. This can provide a cleaner view of directional price movement and potential trend reversals.

The Renko brick size and Half Trend parameters should always be adjusted to the selected symbol, volatility and trading style.

News Trading

During important economic announcements, markets can move quickly and change direction several times. Half Trend can help visualize the direction that develops after the initial volatility.

It does not display an economic calendar or predict news results. Traders should wait for confirmation and apply appropriate risk management during high-impact events.

Daily Level Sweep Confirmation

The indicator can also complement strategies based on previous Daily Highs, Daily Lows and other important liquidity levels.

A possible workflow is:

1. Price reaches or sweeps an important daily level.
2. The market shows rejection or a change in direction.
3. Half Trend switches direction and provides additional visual confirmation.
4. The trader evaluates the complete setup before making a decision.

Flexible Price and Smoothing Settings

Maximum Price and Minimum Price can be configured using different price sources, including High, Low, Open, Close or Median Price.

The selected smoothing method and Amplitude determine how sensitively the indicator reacts to market movements. Lower settings generally react faster, while higher settings can produce a smoother trend view.

Optional Signals and Pip Display

Trend-change arrows can be enabled or disabled. The optional pip display measures the price distance between consecutive Half Trend signals, making previous market movements easier to review directly on the chart.

Half Trend is designed as a technical analysis and confirmation tool. It should not be used as a standalone or automatic entry system. Always test the settings on the intended symbol and chart type before using them in live trading.