Percentage Indicator

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Trend Percentage Indicator
The Trend Percentage indicator, designed for MetaTrader, is an oscillatory tool that calculates and monitors the percentage change in bullish and bearish trends. It essentially reveals the current percentage difference between the number of bullish and bearish traders in the market.

It’s important to note that the Trend Percentage indicator doesn’t generate specific BUY or SELL signals. Instead, its primary purpose is to offer traders a clear visualization of the percentage change in an asset’s price. This information can serve as a valuable confluence factor to refine your trade entry and exit decisions.

Positioned in a separate window beneath the chart, this indicator seamlessly integrates with your chart setup, offering user-friendly accessibility. Its versatility makes it suitable for traders of all levels, ranging from novice to advanced. Furthermore, it can complement various trading styles, including scalping, day/intraday trading, and swing trading.