Trend Meter

Trend Meter is an emerging indicator that combines multiple traditional methods of identifying trend direction in one single indicator. The indicator provides various selections of trend meters, which you can use to select your five favorite algorithms 1 - MACD Crossover - 12, 26, 92- MACD Crossover - Fast - 8, 21, 53- Mom Dad Cross (Top Dog Trading)4- RSI Signal Line Cross - RSI 13, Sig 215- RSI 13: where RSI > or < 506- RSI 5 where RSI > or < 507 - Trend Candles8 - MA Crossover9 - MA Direction - Fast MA - TB110 - MA Direction - Slow MA - TB1The indicator will turn green for bull signals and red for bear. You can use this indicator as the confluence with another buy/exit indicators to confirm the trend direction. It is best used when all meters confirm the same color!The indicator provides visual plots for manual trading and transparent plots, which can be used in your strategy automation or market analyzer(1): Means Bull/Green(-1): Means Bear/Red