PROTECTED SOURCE SCRIPT
Apollo - Trend Status [ArdiNSC]

█ WHAT IT DOES
Apollo Trend Status tells you the current market trend using Dow Theory — the same methodology professional traders have used for over 100 years.
It answers one simple question: Is this trending up, trending down, or going nowhere?
█ WHY I BUILT THIS
Most retail traders lose because they fight the trend. They long downtrends hoping for a bounce. They short uptrends trying to call the top.
I built this to make trend direction obvious — especially for newer traders still learning to read charts.
It won't tell you when to buy or sell. It just tells you what the chart is doing RIGHT NOW.
█ HOW IT WORKS
The indicator detects swing highs and swing lows, then evaluates the structure:
- Higher Highs + Higher Lows = UPTREND
- Lower Highs + Lower Lows = DOWNTREND
- Mixed structure = NO CLEAR TREND
That's it. No secret sauce. Just objective structure analysis.
█ THE INVALIDATION LINE
In an uptrend, the indicator marks the last swing low — if price closes below it, the trend is broken.
In a downtrend, it marks the last swing high — if price closes above it, the trend is broken.
This gives you a clear line in the sand so you always know where you're wrong.
█ SETTINGS
- Swing Detection Sensitivity — Lower = more swings detected, Higher = smoother
- Show Swing Levels — The swing high/low the indicator is tracking
- Show Trend Invalidation Level — Where the trend breaks
- Show 20 EMA — Optional momentum filter
- Color Candles/Background — Optional visuals (off by default)
█ ABOUT
Part of the Apollo Trading toolkit. Follow @ArdiNSC on Twitter for more.
Apollo Trend Status tells you the current market trend using Dow Theory — the same methodology professional traders have used for over 100 years.
It answers one simple question: Is this trending up, trending down, or going nowhere?
█ WHY I BUILT THIS
Most retail traders lose because they fight the trend. They long downtrends hoping for a bounce. They short uptrends trying to call the top.
I built this to make trend direction obvious — especially for newer traders still learning to read charts.
It won't tell you when to buy or sell. It just tells you what the chart is doing RIGHT NOW.
█ HOW IT WORKS
The indicator detects swing highs and swing lows, then evaluates the structure:
- Higher Highs + Higher Lows = UPTREND
- Lower Highs + Lower Lows = DOWNTREND
- Mixed structure = NO CLEAR TREND
That's it. No secret sauce. Just objective structure analysis.
█ THE INVALIDATION LINE
In an uptrend, the indicator marks the last swing low — if price closes below it, the trend is broken.
In a downtrend, it marks the last swing high — if price closes above it, the trend is broken.
This gives you a clear line in the sand so you always know where you're wrong.
█ SETTINGS
- Swing Detection Sensitivity — Lower = more swings detected, Higher = smoother
- Show Swing Levels — The swing high/low the indicator is tracking
- Show Trend Invalidation Level — Where the trend breaks
- Show 20 EMA — Optional momentum filter
- Color Candles/Background — Optional visuals (off by default)
█ ABOUT
Part of the Apollo Trading toolkit. Follow @ArdiNSC on Twitter for more.
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.