TrendDNA

The TrendDNA indicator is used to identify possible trend beginnings and support/resistance areas.  The indicator identifies support/resistance candlesticks, so the trader can determine the thickness and the strength of the support or resistance boundary.

*This indicator only identifies the candlestick, the user must draw the thickness box.

INPUTS

The following are inputs available in the application:

• Short EMA – The number of periods to calculate the short EMA
• Long EMA – The number of periods to calculate the long EMA
• Signal line – The number of periods to calculate the signal line
• MACD Shift – The number of periods to shift the secondary MACD line to the left
• Up Momentum Color – The color of the upward labels
• Down Momentum Color – The color of the downward labels

Risk Disclaimer

The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, trading methods, and/or indicators will result in profits or not result in losses.

Requirements

This Indicator is only compatible with FXCM Trading Station Desktop software. Additionally, an FXCM account is required (including free FXCM demo accounts).

FXCM is an independent legal entity and is not affiliated with Nathaniel Alsbrooks. Nathaniel Alsbrooks is not an employee, agent or partner of FXCM.