A custom moving average-based trend indicator that tracks price positioning relative to a moving average, measuring trend strength and potential market transitions.
Explore complementary indicator rolesHow it works
The indicator counts the number of consecutive bars positioned above or below a selected moving average. It multiplies these bars by 0.01 and adds this value to the previous reading, creating a cumulative trend strength metric.
When the price crosses the moving average, the indicator resets to zero, signaling potential market ranging conditions. The indicator has built-in thresholds that modify reset behavior based on the type and location of the price cross, providing more nuanced trend detection.
Why it may be useful
This indicator offers traders a dynamic way to assess trend strength and potential market transitions beyond traditional moving average crossovers. By tracking consecutive price positions relative to a moving average, it provides a more granular view of emerging trend momentum.
The flexible thresholds allow traders to customize sensitivity and reduce false signals, making it adaptable to different market conditions and trading styles. It helps traders identify not just trend direction, but also the consistency and power of that trend.
When to explore it
The indicator is most effective on shorter timeframes like 5-minute charts, particularly for currency pairs like EURUSD. It works best when traders want a simple yet responsive trend strength measurement that goes beyond binary trend identification.
For more reliable signals, traders should combine this indicator with slower moving averages on longer periods for broader trend context. It's particularly useful in markets with clear directional movements, helping traders confirm and ride emerging trends with greater confidence.
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What we’ve verified
Access, alerts and repainting behaviour have not been independently verified for this indicator. Check the creator’s current publication and settings.
General descriptions and classifications are recovered research. Verified details above identify the specific checks we have completed. Check the creator’s current publication for later changes.
