MQ Trend (For TOS) – Basecamp

MQ Trend is designed to serve as a filter for general trend direction for a defined market and timeframe combination.

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MQ Trend is designed to serve as a filter for general trend direction for a defined market and timeframe combination. This indicator plots a trailing stop price level either above or below the market to communicate both the direction of the trend and the price level that must be penetrated to reverse the direction of the trend. A green line plotted below the market is reflective of an up-trending environment and a red line plotted above the market is reflective of a down-trending environment.