Definition MESA trend. The mtrend() function renders the trend line used in MESA cycle analysis. Syntax Formula Proprietary. Parameters SERIES Required if the formula name declares the SERIES parameter. Examples MTREND_EX1(SERIES,cycle_factor=2)=MTREND(SERIES,cycle_factor)MTREND()
INPUT
Required if the formula name declares the INPUT parameter.
PERIOD
Required if the formula name declares the PERIOD parameter.
<cycle_factor>
Factor used to determine cycling or trending conditions. The cycle factor is based on the dominant cycle and should be adjusted to market conditions. 1.0 is commonly used as a default.
MTREND_EX2(INPUT,cycle_factor=2)=MTREND(INPUT,cycle_factor)