In trading, trend refers to the direction of the price movement over an extended period of time. For example, when the price is consistently increasing, it’s an uptrend, and when it’s decreasing, it’s a downtrend.
Trend indicators can help determine the direction the market will take.
The HLC Trend Indicator is a technical analysis tool used in trading to identify trends and potential entry/exit points in the market. It is based on the High, Low, and Close (HLC) prices of an asset, which are key components of candlestick or bar charts
The William Blau Ergodic Tick Volume Indicator is a variation of the Ergodic Oscillator developed by William Blau. It uses tick volume instead of price for its calculation, making it particularly useful for traders who focus on volume-driven signals rather than price action alone.