Trend Bars

The Trend Bars indicator is based on one of the most famous oscillators in the world, the Relative Strength Index (RSI). There is not a trader not knowing what RSI is and this indicator here is showing bullish and bearish biased or trend based on it.

The signals generated are very easy, simple and powerful in the sense that the indicator is shown at the bottom of the chart in green and red lines, with green lines indicating a bullish trend while red lines indicate a bearish trend.

The recording that comes with this sub chapter shows you how to instal the indicator on the same chart in order to build up our trading environment for the Binary Options Ultimatum system.