We have added a new alert event to our True S/R Level indicator: Alert if trend direction changed.
True S/R Level Indicator can draw colored ZigZag lines between peaks and bottoms. The colors are configurable and depend on the trend direction. This is the most accurate method to identify the trend direction because a simple MA crossing or any oscillator indicator uses a fixed period for drawing while the peaks and bottoms appear at variable intervals. With this new alert event you can get an alarm if the trend direction changed. More info.
Check out our professional 60+ purchasable and gratis indicators on the MT4 - MT5 INDICATORS page.
We are working on new indicators, new features and bug fixes continuously. If You have any ideas for further development please let us know on our SUPPORT page.
You can find the changelog on the UPDATE page where our customers can download the latest version for MT4 and MT5.