The indicator generates early signals basing on ADX reading data combined with elements of price patterns.
For better visual perception signals are displayed as arrows (in order not to overload the chart).
It works on any instruments and timeframes.
The indicator does not redraw its signals. You see the same things on history and in real time.
Default parameters work well on all instruments. But insofar as the indicator's main target is to readily respond to trend changes, you can flexibly set parameters for some particular instrument, timeframe or your trading style.
The best results are obtained when the indicator works on two timeframes. For example: M30 – the indicator shows the main trend; M5 – the indicator generates signals of entry in trend direction determined on M30.
It is recommended to use the indicator during session movements to reduce the likelihood of falling into flat.
Trend Monitor indicator
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