This one I needed to rename : it was described by Jose Cruset in the attached document but since he calls it a Trend Strength and since there is already an indicator for metatrader with that name (different calculation behind it) I renamed it to MasTrend.

The idea is simple : compare a price to a series of moving averages. For more details about it (not just about it) please read the attached document by Jose Cruset. In general, values above 60 and below -60 are considered as strong trend.

Attached Images

mastrend.gif (14.5 KB, 608 views)

Attached Files

	MasTrend.mq4 (1.8 KB, 230 views)
	Trend following - Jose Cruset.pdf (924.6 KB, 224 views)