Trend Lord

The TrendLord indicator is a chart overlay indicator which can be used as a confirmation indicator. It is a derivative of a smoothed moving average but with the advantage of representing it as a colored change histogram.
Manufacturer: nt8indicators

The name speaks for itself. This indicator is the leading trend-following technical tool with a moving average-like demo process. It uses a 12-day smoothed moving average of closing price data for the period. It is an effective trading solution used by both experienced and new traders for scalping and intraday trading. Therefore, it is suitable for 5-minute, 15-minute, 30-minute and 1-hour timeframes. You can use the Trend Lord indicator in other financial markets besides the forex market.

The indicator reacts quickly to price changes and lags less than regular moving averages.

A bullish trend occurs when the price closes above the green indicator bars, and a bearish trend occurs when the price closes below the red indicator bars.

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Trend Lord User Manual

This is the User Manual for the Trend Lord Indicator


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