This indicator is a zero-lag indicator and displays strength of trend change.
True Trend Oscillator works best in combination with True Trend Moving Average that displays exact trend as is.
Oscillator value is exact price change in given direction of the trend.
True Trend Moving Average:
Default input parameters:
TT_Period = 10;
TT_Meth = MODE_SMA;
TT_Price = PRICE_MEDIAN;
In this free version user can not change input parameters. Please download full version: