TrailCD: Convergence and Divergence of Fast and Slow Trails

Summary

TrailCD is an indicator that displays convergence and divergence between a fast trail and a slow trail. The document identifies the indicator’s author and notes that it was originally written in MQL4 and published in a code library in 2007.

Beyond describing the two trails and their relationship, the document gives no calculation details, parameter guidance, trading rules, or performance evidence. It therefore offers only a basic introduction to the indicator’s purpose; readers cannot assess from this description how the trails are constructed or whether their convergence and divergence have predictive value.

Key ideas

• TrailCD compares a fast trail with a slow trail.
• The indicator visualizes when the trails converge or diverge.
• The available description gives no construction rules, trading signals, or performance tests.

Tags

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