Trend Quality Indicator
Platform: MT4 Type: Oscillator Last update: October 6, 2024The Trend Quality indicator was first introduced by David Sepiashvili.
It is a trend detection and estimation tool that is based on a two-step filtering technique. It measures cumulative price changes over term-oriented semicycles and relates them to “noise.”
Essentially it works in a similar manner to the oscillator. Higher values mean a higher quality of the trend, however, a trader must identify the direction on his own.
