Trend Strength Indicator
Platform: MT5 Type: Trend Last update: September 22, 2024The Trend Strength indicator for MT5 uses custom calculations based on the Relative Strength Index to determine the direction of the trend.
You will find three lines: gray Smoothed RSI, blue UpTrend line, and red DnTrend line.
Obviously, when the Smoothed RSI is above the blue UpTrend – there is an upward trend. Similarly, when the Smoothed RSI is below the red DnTrend – there is a downward trend.
