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AlpStocks

AEP Trend Indicator

AlpStocks  
Moving Averages Trend Analysis sma
10
0
movingaverage trendanalysis sma
WARNING!!!
This indicator is used not to sell and buy but to predict a trend.
  • Different Moving Averages are used for different periods.
  • Moving average is used for support and resistance line.It is safer to wait for the closing after the signals.
  • The bottom red line is the stop level.
  • The top black line is the dynamic resistance line.
  • The blue zone represents between resistance and stop line.
  • The green zone represents a rising trend.
  • The red zone represents a falling trend.
  • A close above resistance is a buy signal or you can wait for the indicator to signal.
  • For now, it only works in 15-minute, 1-Hour and 4-hour time frames and it’s public.
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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