Coral Trend Indicator is yet another trend following indicator inspired from Tradingview Pinescript code. Code is designed to plot in PSAR style. Green color dots represents bullish trend. and the red dots represents bearish trend. Coral trend applied to Nifty EOD charts as shown in the above figure.
Looks like the system is quite popular in MT4 platform among FX traders known as THV Coral. Whatever the code does is just the indication of trend and not a complete system though. Do you home work if you would like to build some system on top of it.
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