Trends determine the direction of price movement based on where they have been over the last few years. Trends are composed of peaks and troughs. It is the direction of those peaks and troughs that constitute the current market trend. The shift of these peaks and troughs, down or sideways indicates the direction of the trend.
The PineTrees indicator is sensitive enough (you should make use of the nPeriod parameter to achieve optimization) to show both upward (green line) and downward (red line) trends.
The PineTrees indicator is sensitive enough (you should make use of the nPeriod parameter to achieve optimization) to show both upward (green line) and downward (red line) trends.
