What Is Trend Indicator? - Forex Forum

First of all, I need to thank MATAF for his excellent work in this web. It does help my trades a lot.

But I have a few questions about your tech indicators:
1) What tech indexes do you use for the Mataf Trend Indicator. Is it some kind of moving average you use to identify the trend?

2) How do you use your ForexSto index. It seems to me that this is similar to the Slow Stochastic Oscillator. The mmFxSto looks like a X-period (X is an adjustable variable) moving average of the ForexSto. And the histoFxSto is the difference of the ForexSto and the mmFxSto. How do you use them to identify trends. Do you look at divergences or some other ways?

I am a forex novice. Please help. Thanks in advance.

1) Mataf Trend Indicator is similar to a parabolic SAR without the Stop and Reverse. The indicator appears only when it detects a trend. I built this indicator to help me go faster to confirm a trend.
Look at the example with the EUR AUD (2 hours chart)



2) ForexSto is similar to a Slow Stochastic Oscillator. I only use ForexSto to find the consolidation in a trend.
As you wrote, the histoFxSto is the difference of the ForexSto and the mmFxSto.

I'm a trend follower

Thanks so much Arnaud. I wish you were an instructor so I could be a student in your class. Thanks again.

Hi Arnaud.
I am new to Forex and need all the help I can get. I must comment you on excellent website certainly helped me a lot.
I saw your atricle on the above indicator and would like to know if it is available to download ?


Regards

Chris

Not now, but I work with Prorealtime to add the indicator in their platform.

Thanks

Keep up the good work

Chris