Trend indicator Taotra: entry at trend reversal points

Trend indicator TaotraThe author of which is known in trading circles mladen, is a variation of the fan moving averages.

The idea of the Taotra indicator is to find trend reversal points, which are recognized as a narrowing of the fan.

At first glance, there is nothing original about it. Nevertheless, the Taotra trend indicator is "a head above" its analogues in its functionality. Traders can build a fan of any number of moving averages, their different methods and methods of calculation, and even the type of line drawn.

We believe that Taotra trend indicator can become the basic element of an uncomplicated Strategies for trading on the trend and with the right settings can very accurately show the trader points of price reversals.

The indicator is presented in two forms: applied directly to the chart and the basement version.

Download Taotra trend indicator

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