Live example
Settings and defaults
| Setting | Default | Allowed range |
|---|---|---|
| Cycle length | 20 | 4 to 500 |
| Source | Close | Open, High, Low, Close, High-low average, Typical price, OHLC average |
What it plots
Drawn in its own pane below the price chart, with its own scale.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| Value | Ratio | Line | after 23 candles |
Calculation notes
- Measures filtered price distances from a horizontal baseline, normalized by their RMS. Default length 20 needs 23 valid samples. Distinct from Trend Strength Index. Missing data restarts preparation.
Questions
What are the default settings of Trendflex?
The defaults are Cycle length: 20, Source: Close. You can change every setting on the live chart.
Can I use Trendflex for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.