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Trading the Trend Indicator Uses Color Changes for Signals

Article MQL5 code base

Summary

This brief description presents an indicator based on Andrew Abraham’s “Trading the Trend” article in TASC. It says the version aims to follow the original article’s system rules, noting that renamed or adapted versions have circulated. The stated operating cue is a change in the indicator’s color, which marks a signal.

The document gives no formulas, parameter settings, market examples, backtest results, or risk controls. It therefore conveys the basic signal-reading idea but is insufficient to reproduce or evaluate the strategy. The surrounding references to trading apps, copyable signals, and financial news are promotional page material rather than evidence about the indicator’s performance.

Key ideas

  • The indicator is described as an implementation of Andrew Abraham’s trend system from TASC.
  • Signals are identified by changes in the indicator’s color.
  • The document offers no details to verify the rules or assess performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.