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Trend Lord

Trend Lord

The TrendLord indicator is a chart overlay indicator which can be used as a confirmation indicator. It is a derivative of a smoothed moving average but with the advantage of representing it as a colored change histogram.
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Manufacturer: nt8indicators
SKU: TRENDLORD
Vendor: nt8Indicators
$9.90

The name speaks for itself. This indicator is the leading trend-following technical tool with a moving average-like demo process. It uses a 12-day smoothed moving average of closing price data for the period. It is an effective trading solution used by both experienced and new traders for scalping and intraday trading. Therefore, it is suitable for 5-minute, 15-minute, 30-minute and 1-hour timeframes. You can use the Trend Lord indicator in other financial markets besides the forex market.

The indicator reacts quickly to price changes and lags less than regular moving averages.

A bullish trend occurs when the price closes above the green indicator bars, and a bearish trend occurs when the price closes below the red indicator bars.

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Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

Testimonial Disclosure: Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.