Get this indicator here (.mq4)
This indicator reminds us of the Parabolic SAR but it is different in design and purpose. The primary aim of this indicator is to signal whenever trends alternate.
A green dot indicates the start of a bull trend, while a red dot indicators the start of a bear trend. This indicator is a killer when trends happen, but as with most trend following indicators, you do have instances of whipsaws. Therefore, it will be better to add on an additional trend filter for double confirmation.
Please comment below and let us know what other indicators can work together with this one.
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