The user can switch-off any indicator from 5 to achieve big accuracy.
How does it work?
Each indicator from 5 defines a trend in own way. If two indicators report that there will be a uptrend, and three others the indicator report that there will be a downtrend - it is downtrend (a red background).
For an example
Now SuperTrend = uptrend = +1 Now DI Plus-Minus = downtrend = -1 Now WOW trend indicator = downtrend = -1 Now BarColor indicator = downtrend = -1 Now BestMA (or "BMA") indicator = uptrend = +1
Sum = + 1 - 1 - 1 - 1 + 1 = -1 = downtrend
If sum > 0 = uptrend
Sensivity
The user himself chooses what there will be a sensitivity (in settings).
If sensivity = 3:
sum > or = 3 - uptrend sum < or = -3 - downtrend sum > -3 and < 3 - NA-color of background
Trendlines
3 lower trendlines (blue plots) is "sum+3" 5 upper trendlines is "sum-5" etc
Settings:
1) sensivity - you see above 2) distance - distance between the price and lines (for convenience)
@syracusepro, These are "SILA-lines" (my idea). Lines show strength of trend ("SILA" is russian word = "strength"). The more SILA-lines, the probability of change of a trend is less. Many lines under the price it is good for long entry. And vice versa. Many SILA-lines over the price it is good for the short entry. Between SILA-lines there is a distance. What will be a distance the user in settings chooses. If the price has crossed the SILA-line that nothing means. If a strength of trend sum = +3, then under the price is 3 SILA-lines. Price level of SILA-line = SMA(high, 5) + distance for upper lines. Or SMA(low, 5) - distance (for lower lines). SILA-line #2 is distance * 2, etc.