Introduction
Welcome to the world of Dark Absolute Trend, an indicator that claims to be the holy grail of intraday trading. With a rating of 4.6 and rave reviews from users like Lim Boon Keng and fortune0143, it sounds almost too good to be true. But let's not get carried away. Here, we'll break down how to install and configure this tool, share some user experiences, and offer tips for maximizing its effectiveness.Installation and Setup
Installing Dark Absolute Trend is straightforward, but let's not pretend it's rocket science. Follow these steps:- Download the indicator from this link.
- Open your MetaTrader 5 platform.
- Navigate to File > Open Data Folder.
- Place the downloaded file in the MQL5/Indicators directory.
- Restart MetaTrader 5.
- Attach the indicator to your desired chart.
Now, for the settings:
- DarkAbsoluteTrendPeriod: Set the period for trend calculation.
- DarkAbsoluteTrendShift: Adjust the shift of the indicator.
- UseSignalAlert: Enable or disable signal alerts.
- PushSendNotificationToPhone: Get push notifications on your mobile.
- PushNotificationByEmail: Receive email notifications.
- UseBeepSound: Enable custom sound alerts.
- ShowArrow: Display arrows on the chart.
- ShowTrendText: Show trend text on the chart.
- CustomChart: Customize chart colors.
User Experience
User reviews are glowing, but let's keep our feet on the ground. Lim Boon Keng finds the calculations highly accurate, while fortune0143 claims you'll fall in love with it. Cchzz appreciates the alarm function. All this sounds great, but remember, no indicator is infallible. Always use it in conjunction with other tools and your own analysis.Tips for Improvement
Even the best tools can be optimized. Here are some tips:- Use low spread ECN brokers for better performance.
- Combine Dark Absolute Trend with other indicators like RSI or MACD for more robust signals.
- Regularly update the indicator to benefit from the latest improvements.
- Backtest the indicator on historical data to understand its behavior in different market conditions.
Source Code of Dark Absolute Trend
We don't have the original source code of the Dark Absolute Trend sold on MQL5, but we can create a similar version based on its description. This code is a good starting point for those who want to understand how such an indicator might work. For the actual code, refer to our example on easytradingforum.com.
Code:
You don't have permission to view the code content. Log in or register now.