Multi-Timeframe Simple TrendSimple Trend State Indicator inspired by @TaPlot's Price Time Frame Continuity indicator. Indicator works well on any Chart Timeframe although some aliasing of the State Response should be expected when comparing a State Response calculated on one Chart Timeframe to a Higher Chart Timeframe ie. comparing the State Result for 30 min from both a 1D Chart and 130 min Chart.
Current Trend State is calculated based on the Current Angle of the SMA Length "L". A Simple moving average is used as an Array Function has to be used to calculate the current MA Value for Time Frames < Chart.
Current Trend State Control is as follows:
Long Trend State = Current Angle > Min Long Angle
Bullish Trend State = Current Angle < Min Long Angle and Current Angle > Max Reversal Angle
Neutral Trend State = Current Angle < Max Reversal Angle and Current Angle > Min Reversal Angle
Bearish Trend State = Current Angle < Min Reversal Angle and Current Angle > Max Short Angle
Short Trend State = Current Angle < Max Short Angle
I use Gann Angle based State Angle definitions in my charts.
Visualization of the Trend State is controlled via the colors selected in the GUI.
Indicator output creates 6 Panels organized linearly at the Location defined via the GUI. Each panel identifies the Timeframe and Timeframe State for the Timeframes selected in the GUI.
IMPORTANT - Timeframes 4-6 MUST be < Current Chart. Timeframes 1-3 should be >= Current Chart
What does the Tool give you? It enables you to see, based on a standardized measure, the relative behavior of the underlying trends on the selected Timeframe ie . the current Asset Trend Support Structure.
So for Simple Trend Following: an identified Bullish Pulse could be Identified, and then followed to the highest Timeframe that is able to maintain that Bullish State. This is your Pivotal Timeframe. If a Bearish Pulse is identified then ride it until it grows strong enough to change the Trend State of the panel below your Pivotal Timeframe.
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Planetary Signs█ OVERVIEW
This script is designed to highlight planetary signs. All 12 signs on all planets going from Mercury to Pluto on both Geocentric and Heliocentric settings.
If you are an astrology trader or if you do trade cycles, this script might be great for you because it highlights all these cycles automatically.
You can select one sign or multiple signs at once, you are also able to change the color of the cycle. It should work on all time frame but with future dates it's only set to daily resolution at the moment. Current time is in sync perfectly to the minute when the sign change.
█ Future Plans and upgrades to this script may include :
1. Increase future resolution; it's set to 120 days into the future with daily resolution.
2. More styling and labeling options
And more! Feel free to contact me with any feature that you would like to see in this script
█ How to use :
1. Open the settings.
2. Select the planet.
3. Enable your favorite sign or signs.
Then Press OK & give the script a few seconds and you should be set. You can add this script to your chart more than once!
This script is coded as an addon to the Gann ToolBox package/scripts.
Bounce Manager 20 TrendlinesThe trendline script is made for manual input of trendlines using point clicks on the chart. The script will then see if price respects these lines by the parameters you input in settings panel. On a respectable bounce it will print buy/sell arrows. The script also has functionality to send alerts, this is helpful if you want to automate trendlines. I created this script and many others under the bounce manager toolkit to expand on the signalling capabilities of popular drawing tools as I find using just a crossover to be lacking especialy for full automation.
components:
- Line respect: When price moves past this the script will no longer look for entry until a new trend has been established. The line can also be used as a stop loss.
- Confirmation: When price touches the line during a trend it
will wait to cross over this line to confirm a reaction from the line.
- Consolidation filter: A trend filtering system, this is a distance from
the line price has to break to confirm trend direction.
- Stop loss: This can be set to a percentage distance from the low after
bounce. Or it can be set to the line respect line
- Take profit: This can be a fixed take profit target or a risk to reward
based take profit. With risk to reward it will multiply the stop loss
distance by the input and use that to create target (green cross)
- ATR based or % based: there are 2 versions of the script, one for strict
percentage based logic and another one based on ATR values
If you are having problems figuring out which settings to use I recommend you check the Bounce Manager ATR script for reference as this script plots the components:
Zignaly automation settings:
zignaly integration, you can use the settings panel to decide your risk management. Option to use a fixed take profit % or an automatic risk to reward calculation based on the stop loss. Stop loss can get calculated using the max violation setting as a stop loss (this will put stop loss below line respect level) or when not checked it will use 0.01% below the low of the signal candle as stop loss. Just add your zignaly private key in the settings and use any alert function call as alert. Make sure to use zignaly.com as your webhook url.
The trendlines you see in preview are based on a long term pitchfork on BTCUSDT 10H chart
If 20 trendlines are too much I will be releasing a 5 line input version, this script is more to be used to automate pitchforks, gann boxes etc.
Part of the Honest Algo indicator suite
Easy AspectsHi Traders,
Planetary Aspects divided into 2 parts, Hard (Square and Opposition) & Easy (Trine and Sextile) Aspects, the Conjunction is depending on the planets.
This Easy Aspects script, contains:
1. Trine is an angle of 120°, which is 1/3 of the 360° ecliptic
2. Sextile is an angle of 60°, which is 1/6 of the 360° ecliptic or 1/2 a trine (120°)
The objectives of this script are:
1. you can see the Hard Aspects schedule in certain periods, history and future.. (you can double check it in horoscopes.astro-seek.com )
2. this script allows you see based on specific aspect view, you can observe the correlation between the hard aspects and market reaction (is it turning or is it a swinghigh/ low?
Here are some examples;
TRINE
Sextile
Hard Aspects Hi Traders,
Planetary Aspects divided into 2 parts, Hard (Square and Opposition) & Easy (Trine and Sextile) Aspects, the Conjunction is depending on the planets.
This Hard Aspects script, contains:
1. Square is an angle of 90°, which is 1/4 of the 360° ecliptic or 1/2 an opposition (180°)
2. Opposition is an angle of 180°, which is 1/2 of the 360° ecliptic
3. Conjunction is an angle of approximately (~) 0–10°. Typically, an orb of ~10° is considered to be a Conjunction ( I include Opposition in this script).
The objectives of this script are:
1. you can see the Hard Aspects schedule in certain periods, history and future.. (you can double check it in horoscopes.astro-seek.com )
2. this script allows you see based on specific aspect view, you can observe the correlation between the hard aspects and market reaction (is it turning or is it a swinghigh/ low?
Here are some examples;
SQUARE:
OPPOSITION
CONJUNCTION
MaviBeyaz GANN ver.03Hello
* Line Color Red: Downtrend
* Line Color Yellow: Strict Monitoring for trend violation or change
* Line Color Green : Rising trend
* Red Bubble: Start of price bubble formation
* Red Bubbles : Correction expectation increased
* Green Bubble: Price low level
* Green Bubbles: Onset of rise, expectation of reaction
* We have a fixed line on the graphic campus. It can generate signal with color change, which conveys the trend direction. At times such as m15-h1-h4-d1 the numbers listed below can be edited in the settings section. (13, 21) - (34, 55) - (89-144)
* When the candles get too far from our line, they are expected to meet again.
* The line acts as support and resistance according to the current color situation.
* Line support number is shown in the indicator information section in the upper left of the screen.
* May cause spread loss in the horizontal market.
* By blending and thinking with fundamental analysis gives more effective results.
WARNİNG ! :
* Has no financial value or meaning. "No graphics, drawings and explanations on this page are within the scope of investment consultancy.
* The relevant profile is not an investment institution.
* This account does not share buying/selling guiding advice or comments for any asset, it only shares indicators and strategies for the purpose of technical analysis training.
* Since these posts are not a recommendation or comment for buying/selling, it is not recommended to be used in real accounts.
Kind regards...
Multi-TimeFrame Extremum Points Support/ResistanceIntroduction
This is my newest Support/Resistance indicator based on the idea of my previous script which had been featured in Editors' Picks .
Everyone seems to have their own idea of how you should measure support and resistance levels. This code finds the exact highest and lowest price points (Extrema) on the chart and then draws the support and resistance levels on them.
In my opinion, the advantage of this method is that the most powerful resistance/support levels which usually cover the supply/demand areas would be formed on these extremum points, as the following facts state.
Facts
1. Support and resistance levels are one of the key concepts used by technical analysts and form the basis of a wide variety of technical analysis tools. Technical analysts use support and resistance levels to identify price points on a chart where the probabilities favor a pause or reversal of a prevailing trend.
2. Supply and demand zones are natural support and resistance levels and a popular analysis technique used in day trading. The zones are the periods of sideways price action that come before explosive price moves. A supply zone forms before a downtrend and a demand zone forms before an uptrend. When the price leaves the supply/demand zone and starts trending, the strong imbalance between buyers and sellers leads to strong and explosive price movements.
3. Based on Dow Theory, trends persist until a clear reversal occurs. A reversal is a change in the price direction of an asset. Reversals typically refer to large price changes, where the trend changes direction.
Challenges
The most challenging part in implementing a S/R indicator which draws all the levels on the chart is the problem of congestion!
But we should notice two other facts:
1. The more times the price tests a support or resistance area, the more significant the level becomes.
2. A previous support level will sometimes become a resistance level when the price attempts to move back up, and conversely, a resistance level will become a support level as the price temporarily falls back.
So, I solved the problem using these two approaches:
Merging nearby levels and showing the role of the levels in colors and numbers
Avoiding many weaker levels by checking higher time frames
Settings and Usage
There are some options in the indicator settings as described below:
Calculations Time Frame: By changing the time frame, user could keep only the stronger S/R levels on the chart.
Level Colors: By default, lowest points (Supports) are green, highest points (Resistances) are red and merged levels are blue. Note that the transparency of the colors would be calculated automatically; The more opaque the color is, the stronger the level is!
Lines Style and Width: The style of the levels could be solid, dashed or dotted and user could also change the lines width in pixels.
Length of the lines: This option is based on the count of bars, but user could simply choose to extend the levels
Merge Nearby Levels: The proximity of the levels would be calculated automatically based on ATR (Average True Range) and the default length of the formula could be changed.
Labels: Each level could have a label consisting the count of merged levels into one, the percentage of merged supports/resistances and the price of the level. Note that if user choose to see the percentage of S/R roles, the color of each label changes automatically based on the main role of corresponding merged level (e.g., a blue level with a red label means that the level more acted as resistance).
I think the users of my previous S/R indicators could check this one
That's it for now! Feel free to send me your thoughts!
CryptoFall v1.0.0Category: Trend Analysis
Timeframe:
- Best on 4H, D
- Faster on 30M, 1H
Suggested Use: In uptrend.
Input option: Is possible to use "Alternative Time Frame" using other candles on different Time Frame charts.
Logic: The tradable market range is calculated, on which the Fibonacci levels are automatically calculated, at this point the entries could be defined entering on the important zone levels.
The calculation takes into account a combination of indicators such as:
- Fibonacci Retracement ( FibRetr )
- Theory of W. D. Gann .
Entry: The indicator uses Fibonacci levels to identify a good time to enter using the Buy the Dip approach (i.e. considering that a typical pullback is in the range between 0.382 and 0.618).
Tips: The best way to enter the market is always to split the positions so as not to enter entirely and expose yourself with all your capital, @TheSocialCryptoClub insists on a careful management of the orders so as to be able to mediate the price depending on the depth of the retracements.
Exit: Defined by the investor's long-term objective.
Thanks for attention.
MM SENSEI ICHIMOKUIt was developed in the late 1930s by Goichi Hosoda (細田悟一, Hosoda Goichi), a Japanese journalist who used to be known as Ichimoku Sanjin (一目山人, Ichimoku Sanjin), which can be translated as "what a man in the mountain sees". He spent 30 years perfecting the technique before releasing his findings to the general public in the late 1960s.
Ichimoku Kinko Hyo translates to one glance equilibrium chart or instant look at the balance chart and is sometimes referred to as "one glance cloud chart" based on the unique "clouds" that feature in Ichimoku charting.
Ichimoku is a moving average-based trend identification system and because it contains more data points than standard candlestick charts, it provides a clearer picture of potential price action. The main difference between how moving averages are plotted in Ichimoku as opposed to other methods is that Ichimoku's lines are constructed using the 50% point of the highs and lows as opposed to the candle's closing price. Ichimoku takes into consideration the factor of time as an additional element along with the price action, similar to William Delbert Gann's trading ideas.
Here is What I Added
'Select between 5 different buy conditions
.auto Atr risk management
.auto pivot levels based on timeframe
.alerts send full signals to your phone
.added trading sessions
.Mtf cloud filter at bottom of the screen
"strict" feature that only shows trades with the trend
How to use
There are many ways to use this Algo based on the different signals it provides
you use the auto pivots for swing trading
or use the cross over signals to scalp or intraday trade
the main purpose of this algo was to make sense of the Ichi Cloud and show its genius
Link below or PM us for access to this indicator Happy Trading
The Moon█ OVERVIEW
The Moon is a script that is designed to help Traders analyse their charts using the moon. This script consists of three main features :
1. Moon Phases Pro : This is a more powerful version of the default built-in Moon Phases where it would plot both past cycles and Future cycles with a better accuracy.
2. Moon Lines : This plots the moon's longitude into price. you can also select your desired $/degree ( price vs time unit) to make these lines better suited for your chart and the asset your playing with. We also didn't forget to add an option to enable harmonics of these lines. In addition, you can select "reverse" to get the downtrending plants as well.
3. Moon Angles : This allows you to highlight areas where the moon is at X degree. you can get the Moon at zero aris or 180 degrees or any other degree!.
We also added some styling options to help with the visuals.
█ Future Plans and upgrades to this script may include :
1. Enhanced algorithm for a faster loading/processing script.
2. More future dates plotting.
And more! Feel free to contact me with any feature that you would like to see in this script
█ How to use :
1. Open the settings.
2. Enable your desired tool and adjust the settings.
Give the script a few seconds and you should be set. Don't enable more than 2 tools at the same time, but if you want to do that, you can insert the same script twice or more in your chart.
This script is coded as an addon to the Gann ToolBox package/scripts.
Astrology/Gann Overlay ToolThis script allows users to overlay the planetary locations in relation to the heliocentric and geocentric coordinates with specific settings of square (90/180 degrees) or hexagonal (60/120 degrees) angles in relation to either the equinox or the sun and earth.
By plotting the planetary locations for a given asset, one can work out which significant planetary geometries correlate to significant price movement of events. This tool predominantly shows significant planetary events in relation to stock indices or assets that have significant interest such as BTC.
In this example, Mercury, Venus, Mars, Jupiter and Saturn are overlayed BTCUSD showing square and hexagonal degrees.
Astrological symbols from en.wikipedia.org are used to denote the various planets on the chart with the associated angle it makes either with the heliocentric system (i.e. with the equinox) or the geocentric system (i.e. with the sun and earth).
The Keplerian approximation was used to calculate the planetary coordinates valid only for the years 1800 AD - 2050 AD. A publication from NASA was used to estimate the coordinates ( ssd.jpl.nasa.gov ) which requires a numerical method to solve Kepler's equation. Setting the number of iterations and displaying the error will show the error in the calculated coordinates for the heliocentric coordinates in brackets next to the degrees shown on Tradingview with this script. An error close to zero or 1E-6 is considered acceptable.
Financial Astrology Mercury SpeedMercury speed phases (stationary and retrograde) was closely observed by W. D. Gann in order to determine potential trend changes, in BTCUSD we can see some turning points close to the speed dips (when Mercury speed cross the zero line). However, what looks more interesting is that when the Mercury speed is accelerating the price range of the candles is larger, is the same pattern that we noted with the Moon speed indicator so we can conclude that speed acceleration periods produce more intense effects when Mercury aspects occurs.
Note: The Mercury speed indicator is based on an ephemeris array that covers years 2010 to 2030, prior or after this years the speed is not available, this daily ephemeris are based on UTC time so in order to align properly with the price bars times you should set UTC as your chart timezone.
Swing LineThe author was inspired by Charles Dow's concept on trend and Gann's concept on swing trade.
Swing line can help identify resistance and support. Breaking resistance indicate an uptrend. Breaking support indicates a downtrend. This is a simple and intuitive method in trend determination.
However, many chart readers nowadays set Candlestick as preferred pattern. The shared indicator provides another choice for constructing swing lines.
Sacred Geometry by DGTSacred geometry ascribes symbolic and sacred meanings to certain geometric shapes and certain geometric proportions. The study of sacred geometry has its roots in the study of nature, and the mathematical principles at work therein
In trading, using geometry for technical analysis is highly used concept, such as Gann Tools, Fibonacci Tools, Elliott Wave Theory are some examples that are based on the idea that the market is geometric and cyclical in nature
Thanks to @AtomOfScent's "almost like sacred geometry" comment to FibFans on Previous HTF HL
study give me the idea to go further and to demonstrate just how far we can go with this style of analysis. And here comes an experimental attempt to present some of sacred geometric shapes such as Seed of Life, Fruit of Life and Spiral, where the resulting image may help technical analysts to predict price changes.
Fruit of Life, example and how it is derived (maximum line limitation does not allow to draw all circles, so red circles are drawn manually to present the idea). Fruit of Life is base for the Metatron’s Cube and we can create all five Platonic Solids from it (Hexahedron, Tetrahedron, Octahedron, Icosahedron and Dodecahedron)
Spiral Examples :
Again special thanks to @AtomOfScent for commenting on the draft version of the study as well as providing valuable suggestions.
Disclaimer :
Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Financial Astrology Mercury LongitudeMercury energy influence the mind, the intellect and mental temperament, in mundane astrology is well know that rules: news, science, debating, trading, commerce, contracts. telecommunication, short-distance travels, among others. W. D. Gann discovered that the Mercury speed phases (stationary, retrograde, direct) transitions was very relevant as trading signals, he used the Sun conjunction retrograde Mercury to confirm the formation of top and bottoms that seems to be a relevant leading indicator in multiples markets.
As part of the Financial Astrology Research Group experiments, we created hundreds of machine learning models that try to predict daily trend direction for a research portfolio of 10 crypto-currencies and is confirmed that including the Mercury speed and aspects features (variables) in the models increase the accuracy in a consistent manner. Therefore, there is enough evidence that Mercury is one of the most powerful mid term trading cycles.
This is the first open source PIneScript indicator that is able to plot the Mercury Tropical Longitude for the years 2010-2030, we publish as open source in order to support and simplify the research of the amazing astro-traders community at TradingView that have been working manually with annotations and lines to represent the Mercury longitude zodiac signs entries and the speed phases transitions. That manual work is over. Let's move faster in our cycles research!
We encourage all astro traders to continue researching and sharing your ideas of astro cycles trading strategies with us and contribute your experiments at our Github Financial Stats exploration project
so we can improve the cosmic energy models that influence traders behaviours.
Note: The Mercury longitude is based on an ephemeris array that covers years 2010 to 2030, prior or after this years the longitude is not available, this daily ephemeris are based on UTC time so in order to align properly with the price bars times you should set UTC as your chart reference timezone.
Others astro trading indicators from Financial Astrology Research Group:
Financial Astrology Sun LongitudeFinancial astrology is a branch of mundane astrology that research the correlations of planet cycles with market prices, this indicator developed by the Financial Astrology Research Group provides the visualization of the Sun Tropical Zodiac Longitude to support that astrology traders can study multiple markets within the powerful Trading View UI to detect potential cyclical patterns in price action that are connected with the cosmic rhythm of the Sun.
The Sun have been very relevant cycle among all ancient civilizations such as Maya, Aztec, Inca, this cyclical move is the fundamental frequency of our life's due to the fact that our calendar year is a model from this cycle. Chinese astrologers and W.D. Gann was aware of the powerful predictive power of the solar terms which is a representation of the most relevant weather transitions within the Sun longitude path.
With this indicator we try to ease the research work of the amazing community of astro-traders that prior to this indicators needed to create hundreds of manual annotations on the markets price charts to visualize the Sun zodiac position within a long period of time in order to research potential cycles. That manual work is over. Let's move faster in our cycles research!
We encourage all traders using astrology to continue their research, please share your ideas of astro cycles trading strategies and contribute your experiments at our Github exploration projects: github.com
Note: The Sun longitude is based on an ephemeris array that covers years 2010 to 2030, prior or after this years the longitude is not available, this daily ephemeris are based on UTC time so in order to align properly with the price bars times you should set UTC as your chart reference timezone.
GG 2 [AYC]This is only a continuation of the previous indicator [GG because I feel the grid size is too small, this indicator is only to increase the number of the total grid because TradingView has limitations in plotting lines, the description of the usability, and how to use it remains the same, and the settings used must also be the same as the previous indicator (GG ).
Previous description:
This indicator basically works like Gann Grid indicator that can be used as an SNR , making it easier to draw diagonal lines with the same price difference for each line.
The change in SNR in a market can be in the form of a certain gap/point number according to its characteristics.
Entering these numbers can make it easier for traders to determine SNR for better profit.
How to use :
1.Enter "Price" (Extreme Low)
2.Enter "Price Step" (It doesn't really important, just in case the line is not enough, because tradingview has limitations in plotting lines), Default is "0" & Step is "270"
3.Enter "Point" that you want as SNR , 90 is the default for the stock market.
4.Choose "Start"
Start = The start date of the cycle of price movements
5.Choose "End"
End = The end date of the cycle of price movements
GG [AYC]This indicator basically works like Gann Grid indicator that can be used as an SNR , making it easier to draw diagonal lines with the same price difference for each line.
The change in SNR in a market can be in the form of a certain gap/point number according to its characteristics.
Entering these numbers can make it easier for traders to determine SNR for better profit.
How to use :
1.Enter "Price" (Extreme Low)
2.Enter "Price Step" (It doesn't really important, just in case the line is not enough, because tradingview has limitations in plotting lines), Default is "0" & Step is "270"
3.Enter "Point" that you want as SNR , 90 is the default for the stock market.
4.Choose "Start"
Start = The start date of the cycle of price movements
5.Choose "End"
End = The end date of the cycle of price movements
Buy Sell signals for indicatorsThis is a simple script where I have compiled my most commonly used overlays and given each unique buy/sell signals. I have found this to greatly simply my searching for future trades as it quickly outlines the current technical postion of the stock.
Some cons of this script though is the visualization can get messy due to multiple alerts being set off.
--> RSI
Buy signal at or above 70
Sell Signal at or below 30
--> MACD
Buy signal at crossover between macd line and signal line aswell as the histogram line being above 0
Sell signal at crossover between signal line and macd line aswell as the histogram line being below 0
--> Standard Deviations from Mean
Buy signal when the price is 3 standard deviations from the mean.
Sell signal when the price is 3 standard deviations from the mean.
Mean can be adjusted in settings
--> Donchian Channels
Buy signal when the lowest length value is greater than or equal to low aswell as rsi > 45 to help eliminate false signals
Sell signal when the highest length value is greater than or equal to high aswell as rsi < 55 to help eliminate false signals
--> Bollinger bands
Buy when low is at or below the lower band
Sell when high is at or above the higher band
Soon to come:
--> Linear regression
--> ATR
--> CCI
--> Volume
PS. I can also add candlestick patterns, Gann and Fib levels aswell if it will help people out :)
[TS] Trend MeterHOW IT WORKS
The meter consists of 5 Different Trend Indicators: Gann HILO Activator, ParabolicSAR, our custom TS Oscillator, our non-repainting/non-lagging Higher Timeframe Trend Indicator, plus our Market Sentiment Indicator
HOW TO USE
1. When the majority of the meters turn green, it is a sign the market is heading up.
2. When the majority of the meters turn red, it is a sign the market is going down.
- The user has the option to select how many meters must allign for a signal to show
- The indicator also has the ability to setup Alerts when the selected number of meters turn green or red. This feature is also signaled by the red or green vertical lines.
Moon at ZeroMoon at Zero
// ========================================================================//
This script is better utilized on LTF ( Low Time Frames ) Up to the 1min chart.
This script helps you spot important events in the market using the moon at zero degree.
This script includes dates for the year 2020, 2021, and 2022.
This script also complements the Gann ToolBox that I have on my tradingview page giving you good measurement of the market and some of its volatility dates and locations in price.
// ========================================================================//
To get access to this add-on or for the full package including the toolbox you can see my information below.
TrustedSignals™TrustedSignals Indicator includes standard Buy and Sell signals on the chart, Support & Resistance lines, Auto-Trendlines, AutoFibs and an All-in-One Market Dashboard.
(All these signals can be set up as Live Alerts directly in Tradingview)
The 2 main Input options for this algorithm are ' Reactivity ' and ' Depth '. By default, the indicator is added to your chart with the best settings we've found so far.
-The ' Reactivity ' controls how quickly the algorithm reacts to trend changes. The higher the reactivity, the fewer trades on the chart. If the Reactivity input is low, the algorithm will react more quickly, and show more frequent trades.
-The ' Depth ' controls the position of the signals relative to the trend swing. A lower Depth will allow for more frequent and earlier entries, while a higher Depth will give slower entries.
Our third (secondary) input is ' Trend Length ' (the Lookback of the ' Current Trend ' indicator). TrustedSignals™ is coloring the candles based on the current trend direction. The blue color shows an uptrend, while the red color shows a downtrend. Buy and Sell signals alerted while the current trend is showing pink (Sideways Market) should be taken carefully, as the market direction is not decided.
Since we believe in the idea of an ' All-in-One ' Indicator, we have included 3 more extremely useful and powerful trading tools.
-The first optional feature is the ' Support and Resistance ' lines. This feature can be activated to draw the key levels of Support and Resistance, easing your decision making and reinforcing the entry signals. Those levels can also be used as Stop Loss or Take Profit
-The second optional feature is the ' Auto-Trendlines '. This part of our amazing indicator automatically draws Trendlines based on the Lookback period the user inputs.
-The last and most important optional feature is the ' AutoFibs '. TrustedSignals™ will automatically draw Fibonacci Retracement levels from trend swing key points. (the lookback length can be adjusted by the user)
- Market Dashboard -
Within one simple panel on your chart, our Dashboard displays the most relevant data from all of our features in real-time.
Current Trend
(The bar color) is an indicator based on Murrey Math's lines. These lines are based on the idea that according to Gann, price moves in 1/8's that act as points of support and resistance. Given this 1/8 characteristic of price action, we assigned properties to each of the lines in a given octave, obtaining a perfect Trend Indicator shown by the candle color, ranging from red to orange to blue.
Market Sentiment
Market Sentiment is a zero lag, 'noise-free', custom improved version of the old 'Relative Strength Indicator ( RSI )' It measures trend velocity and momentum, while it charts the current and historical strength or weakness of the market. It is a much more accurate and vastly superior than the usual RSI.
Trusted Sginals Oscillator
TS Oscillator is our own branded indicator used to measure market momentum and determines whether bullish or bearish trend dominates the market. It measures the market momentum, with the aim to detect potential trend direction. Helping you to identify if the price is high or low in comparison to the recent price behavior.
Outputs: "Strong Bearish ", "Weak Bearish", "Strong Bullish ", "Weak Bullish"
Higher Timeframe Trend is a trend indicator based on our own non-repainting calculation of higher timeframe trend. It is based on a custom method that builds synthetic support and resistance lines from higher time, without repainting, while keeping the output extremely accurate.
Use the link below to obtain access to this indicator
