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Forex Trading Glossary

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Term Definition
TREND STRENGTH Identifier (Available for

The Trend Strength Identifier Identifies trending and sideways conditions for any symbol, on any type of chart.

Whether a beginner or experienced trader you already know that one may trade differently if in a sideways/choppy market or a strong trending market. Many indicators work best in a strong trend while others work best in a sideways market.

The Trend Strength Identifier can show if the market you're trading is currently trending or sideways, or even when a trend is possibly ending, and can be used by itsef or with other indicators as a "filter" to determine how to trade that indicator.

Includes adjustable input parameters and can be used on any symbol or type of chart.

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