Trend Following Signal System
Green Light: Indicates that the price will rise. This signal occurs when the yellow line (Fast Slope MA) crosses above the red line (Slow Slope MA).
Red Light: Indicates that the price will fall. This signal occurs when the yellow line crosses below the red line.
How to Use?
Green Light: Suggests a potential price increase. It is a suitable signal for long positions (buy).
Red Light: Suggests a potential price decrease. It is a suitable signal for short positions (sell).
White Line: Represents price momentum. If the white line rises rapidly and stays above the yellow line, it can be interpreted as a stronger bullish signal.
Recommended Strategy:
Wait for the yellow line to stay above the red line for more reliable trades.
A rapid rise in the white line indicates strong momentum. In this case, waiting for the yellow line to stay above the red line provides a more secure trading strategy.
Example 1: The yellow line crossed above the red line, and a green background appeared. This indicates that the price will rise. A long position can be opened.
Example 2: The yellow line crossed below the red line, and a red background appeared. This indicates that the price will fall. A short position can be opened.
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact TrigialSystem 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.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact TrigialSystem 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.