The Easy Trend Meter app has advantages and drawbacks. While it is user-friendly and easy to use, it lacks many features and important functions for serious traders. The buy and sell signals are based on very basic trend-following principles, and the parameters cannot be adjusted or additional filters added to suit individual trading styles. Moreover, one out of every three alerts is delayed.
The delay is sometimes as huge as 15-20 minutes, which is serious if you are a day trader. The alert often comes at a time when the trend has already started or is about to reverse. There is no point in taking a risk for a small profit margin in this situation. If the app includes more comprehensive technical analysis tools, it would be really handy.