Profit Accumulator Trend Slope

I've been getting very good results with this indicator, using it in conjunction with the Profit Accumulator Main Indicator.

This indicator uses a number of methods for detecting reversals and the start of new trends.

The basis is simple in that when the trend lines cross above the zero line, it indicates a possible long entry and crossing below the zero line, indicates a possible short entry.

The strongest signal is when they all cross the zero line in one timeframe.

In terms of options/settings, I've included the following:

  • Multiple Timeframe
  • Changing the lengths.

I've also added an alert option for when the lines cross the zero line.

Release Notes: Just added in a fill color option on this to make it clearer when the trend lines are above or below zero.
Release Notes: Minor fill modification
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Mikeo82 for more information, or follow the author's instructions below.

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