MetaTrader 5 MT5 Indicators Trend_Score – indicator MetaTrader 5

Trend_Score – indicator MetaTrader 5

Trend Score indicator by Tushar S. Chande was described in the article “Rating Trend Strength” in S&C magazine (September 1993).

It displays both the power and direction of a trend.

There are five inputs:

  • Price method – applied prices
    • Open/Close – current Open and Close
    • Close/Close – past and current Close
  • Period method – use the range in calculation
    • Use period
    • Do not use period
  • Overbought – overbought level
  • Oversold – oversold level

Fig. 1. Period method = Use period


Fig. 2. Period method = Do not use period


https://www.mql5.com/ru/code/23129

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