NTOP is a collection of trend-following tools show short and long term trends.
Since NTOP is the antithesis of VFAP, all the components are based on trend and and complement each other to give a full picture. NTOP produces signals that give both entries and exits on any timeframe. Options to configure are showing/hiding which signals you prefer and OB/OS sensitivity; there are no adjustments that need to be made as this indicator is made to be as simple as possible.
Signal Line: long term, good for determining if a winning position should be exited if it's going in the wrong direction
Ribbon: short/medium/long term, great for entering and adding to position
Bull/Bear Signals in the form of text: specific price points where the trend is overextended or confirmed
Bar Coloring: Two main colors, blue and red, to visualize trend, with a dark color to show interim price movements that may retrace
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact NeoButane for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
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