MT4 indicator (ToR_1.20k.mq4)
Download indicator: ToR_1.20k.mq4
How to trade with ToR indicator
Trending or Ranging?
Reading ToR indicator:
Green color - the trend is up, red - down, blue - ranging.
Arrows next to the indicator show the angle of the trend:
45 degree arrow - a trend is beginning,
In the Indicator settings window you can define what's to be considered a trend for ADX (if needed, review the basics of ADX trading), and set own CCI periods for all time frames.