Trend Manager trend indicator
Trend Manager - trend indicator for the Meta Trader 4 terminal. By its appearance it is something between the moving averages and the Parabolic SAR.
Trend Manager is quite simple to understand: a change in the color of the indicator to red - a signal to sell, not blue - to buy. It is also worth paying attention to the height of the bars - the higher they are, the stronger the current movement in the market.
ForTrader.org comments: Trend Manager - interesting trend indicator especially for volatile pairs, where the difference between trend and flat will be clearly visible.