Description
This is a momentum indicator. The slope of the lines indicates the strength of the market. The steeper curve and thicker space between dots shows that the market has potential to go further and a more horizontal curve with thin space between dots opposite each other shows consolidation in the market.
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TE
Tebogo121
Joined on 29.04.2013
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: Triggerlines.algo
- Rating: 5
- Installs: 5009
- Modified: 13/10/2021 09:54
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Comments
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TR
traderfx
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11 years ago
Very nice indicator. Helpful with trading trend line breakouts. Is it possible to set some alert for this when ever there is a crossover? Or is such a thing not possible with ctrader?