If you are looking for an indicator to define the Trend that adapts to different market conditions, the TIS_ATR_Trend is the ...
Best Trend Indicator for NinjaTrader 8.
This is how the indicator looks on UniRenko using the fastest settings :
These are the indicator parameters :
With the ATR Multiplier we can adjust the sensibility to change the trend, here we have an example using a value of 1
To the extreme of using zero :
But even using a so sensible set of parameters we can filter those lot of signals using the included filter, like this :
Here we have an example without filter but with an ATR multiplier of 2
The indicator includes so we can automate the signals or read the trend from another software, like Builder, ninjascript, Markers, etc.
I will post here a YouTube Video as soon it is loaded :
You can purchase this indicator at The Indicator Store on this link :Use the coupon code HALO19 and get a 15% Discount !
Pablo