Descripción
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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
