TREND (Type II) | Hamster-Coder

TREND (Type II) is a powerful tool for traders who want to spot not just where the market is now, but where it might be heading next.
It combines the analytical strength of RSI and MACD to identify potential trend reversal points before they become obvious on the chart.
🚀 Key Advantages
- Early trend detection. TREND can anticipate possible reversals even before the actual crossover occurs.
- Flexible visualization. Displayed in a separate panel while showing buy/sell signals directly on the main chart.
- Multi-timeframe support. Analyze signals from higher or lower timeframes without switching charts.
- Intuitive color background. The background automatically turns red during bearish conditions for instant market sentiment recognition.
🎯 Signal Types
- Primary Signal. When RCI and MACD lines actually cross, confirming a trend shift.
- Preliminary Signal. When a crossover is projected to occur on the next bar.
- Overheat Signal. When the market reaches a defined threshold (e.g. ±90) and starts showing signs of cooling down.
🧠 Unique Features
- Extra Filters (experimental). Filters out weak or false signals, showing only those confirmed by additional criteria.
- RCI–MACD Difference Mode. Visualize the distance between RCI and MACD as a histogram to assess divergence strength.
- Custom Thresholds. Define your own overbought/oversold zones to fine-tune signal sensitivity.
🔍 Who It’s For
TREND (Type II) is ideal for traders who:
seek dynamic entry and exit points without lagging indicators;
want visual and statistical confirmation of trend changes;
build multi-layered strategies requiring signal validation.
💬 Use TREND (Type II) to see the market one step ahead.
This isn’t just another indicator — it’s an early warning system for potential trend reversals.
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 Hamster-Coder 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
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 Hamster-Coder 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.