Perspective Shift is a very interesting trend indicator. The Perspective Shift indicator helps to identify either a new or an existing trend. One of the advantages of the indicator is that it is quite quickly rebuilt and reacts to various changes in the chart. Of course, it depends on the settings. The larger it is, the smoother the trend line will go. The shorter the period, the more market noise will be taken into account when forming the indicator. The goal that was pursued during its creation is to obtain signals that will give less noise and respond faster to price changes. The Perspective Shift indicator is a trend indicator that is used to find reversals when its boundaries are broken. The indicator can send all kinds of signals to the user: messages, E-mail and Push!
Trend indicators are one of the main tools for analyzing trends in the Forex currency market. Trend indicators allow you to effectively determine the direction of the current trend, as well as identify potential reversal points. There are a huge number of trend indicators. Some of them are well known to every trader, recognized as classics and included in the standard set of indicators of the MetaTrader platform and other trading terminals. Other trend indicators are author's developments, as well as modifications of standard indicators, which have increased efficiency, since most of them work without delay.
Custom Parameters:
- HistoryDepth - History depth.
- MaxRange - The maximum size of the candles.
- Minimum range - The minimum size of the candles.
- GlobalTrend - Display global trend.
- UseAlerts - Display alerts.
- UseSendMail - Display E-mail messages in the mail.
- UseSendPush - Display push notifications to the mobile device.
