The primary advantage of Trender Pro 2.0 over the original MQ Trender Pro is that it incorporates more of Microquant’s technologies to further code the bar colors and add additional signals.
MQ Trender Pro 2.0 takes this extra information into consideration so you end up with more colors that provide additional detail in its bar color encoding.
To further clarify underlying trend and trend power, instead of just Red, Cyan, and Green for Bearish, Neutral, and Bullish, you also get Dark Red (neutral-to-bearish), Dark Green (neutral-to-bullish), and some other new color codings: Gray (for when a market is extended) and Purple (for Renko entry signals). And it still includes the Golden Bar Trailing Stop bars as well.
The MQ Trender Pro 2.0 version is available for purchase, and those who owned the original version of the indicator can ask our support team about an available discount for prior version ownership.