Traditional Itrend

Traditional Itrend 

Trend indicator with a multitude of settings. Displays the direction (red) and strength (blue) of the trend as a two-colored histogram. The main signals are the crossing of the zero lines, reaching a new high/low, divergence.

If the red graph is greater than zero and grows – go bullish (if at the same time the blue graph is less than zero and falls – the uptrend is getting stronger)

If the red graph is less than zero and falls – go bearish (if at the same time the blue graph is greater than zero and grows – the downtrend is getting stronger)

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