Trend/Range Detector is an indicator that allows to determine with accuracy if the future price will range or trend in the following bars.
The Indicator is drawn in a separate window where two lines are displayed : the crossing of the main signal (blue) with a moving average (orange) will determine if each zone is a trending or ranging market.
Parameters :
- period : the number of bars to look back (default = 20)
- type : type of the main signal (trend or range) (default = RangeDetector)
Moving average :
- showMovingAverage : display Moving Average line (default = true)
- averagePeriod : value for the average period (default = 200)
- MAMode : mode of the moving average (default = MODE_SMA)
Alerts :
- MACrossingAlert : triggers an Alert when the moving average crosses the main line (default = true)
- AudioAlert : triggers an Audio Alert in MT4 (default = true)
- EmailAlert : triggers an Email Alert (default = true)
- PushAlert : triggers a Push Alert (default = true)
