UltraTrends.V2
Like the last version:
Fuschia is pivot down, yellow is pivot up, up is confirmed up, down is confirmed down, green is uptrend, red is downtrend, gray is no trend.
"UP" Is a good indication that the market is going to go up. "DOWN" is a good indication that the market will go down. However, use your head. Think about support / resistance.
Additions:
- 200 EMA/SMA Average (Thick aqua line): Great for determining trend and acts as support / resistance.
- 50 SMA (thin yellow line): Use for 50/200 crosses to determine trend. Serves as weaker resistance.
- Dynamic Pivot points (by finn): Serve as support / resistance levels. Plotted as horizontal dots.
- Early move detection: demonstrated by either a green triangle below bar or red triangle above bar.
- "Hot Zones": volume based background highlighting the manifestation of bullish conditions. Default color is white, so if you use a lighter background, please change it to another color.
This indicator works best with 1337 Volume:
The only way to get this script is by joining Gambit Private Trading Room. There are currently ~ 90 experienced traders in the room at the time of this post that share the best ideas / setups. For more information, please fill out the form at: GambitCrypto.com/join
Enjoy
Invite-only script
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Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact LARP_Capital directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.