U Trend Sensor

The U Trend Sensor oscillator is derived from the step percent variation of 2 different types of triangular moving average. When the oscillator return values over the zero level, a bullish trend is occuring, while a bearish one occurs when the oscillator navigate below this level.

Because of treshold of variations are inherit from percentage of price movement, this parameters must be adapted to the instrument and the timeframe where the indicator is attached.

Trades signals can also be taken more agressivly by crossing of the signal line and the UTS one. Signal line can be desactivated into parameters.

Parameters (example on DAX 2h timeframe)

• periodf = 50
• periods = 200
• fpercent = 1
• spercent = 0.5
• p = 10
• psignal = 20
  
  once fss = close once sss = close fMA = TriangularAverage[periodf](close) sMA = TriangularAverage[periods](close) if(fMA > fss + (fMA/100)*fpercent) THEN fss = fMA ELSIF (fMA < fss - (fMA/100)*fpercent) THEN fss = fMA ELSE fss = fss ENDIF if(sMA > sss + (sMA/100)*spercent) THEN sss = sMA ELSIF (sMA < sss - (sMA/100)*spercent) THEN sss = sMA ELSE sss = sss ENDIF U = fss - sss UMM = exponentialaverage[p](U) if(plotsignal) THEN signal = average[psignal](UMM) ENDIF RETURN UMM as "U Trend Sensor", signal as "signal", 0 as "zero level"

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  once fss = close once sss = close   fMA = TriangularAverage[periodf](close) sMA = TriangularAverage[periods](close)   if(fMA > fss + (fMA/100)*fpercent) THEN   fss = fMA ELSIF (fMA < fss - (fMA/100)*fpercent) THEN   fss = fMA ELSE   fss = fss ENDIF   if(sMA > sss + (sMA/100)*spercent) THEN   sss = sMA ELSIF (sMA < sss - (sMA/100)*spercent) THEN   sss = sMA ELSE   sss = sss ENDIF   U = fss - sss UMM = exponentialaverage[p](U)   if(plotsignal) THEN   signal = average[psignal](UMM) ENDIF   RETURN UMM as "U Trend Sensor", signal as "signal", 0 as "zero level"

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