The indicator identifies the current trend of using the algorithm the following definition:
Trend – a situation where each successive maximum lift prices above / below the previous one, and similarly each succeeding maximum decline is higher / lower than the previous.
Beginning of a new trend is considered to be the overcoming of the current maximum / minimum of the maxima / minima specified number of previous bars.
Indicator dyes bars in accordance with the identified trend.
- Lines_Break – the number of bars, used to identify the trend.
The indicator is not redrawn.
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