Half Trend Indicator

The Half Trend (HT) indicator is based on the popular Ozymandias indicator-

HT is a lagging, trend following indicator. Its feature is to display entries at the beginning of a trend. The entry in the opposite direction is also the end of the former trend and indicates, when to get out of the market. The red/blue arrows show sell/buy signals. HT only shows the major entries, no re- entries!

Also, HT has an “Alert mode” which can be enabled/disabled in “Parameters". It does not only show when and at which price to create an order on the selected symbol, but also a recommended stop, which is based on twice the ATR.