The trend monitor is the sister indicator to the trends indicator and is designed to work in tandem. The trends work very closely to the market price action, while the trend monitor considers changes in trend over a longer period, and therefore, they provide the perfect blend of shorter and longer-term perspectives on trends that are weakening, trends that are reversing, and trends that are strengthening.
In this lesson, David explains how to use the indicator and, most importantly, in multiple timeframes.