[BlockPandas] 30 Minutes Trend by GeneralCat
1.The trend line is a long term moving average.If the price is above trend line, it turns green, otherwise it turns red.
2.The trend line filter is the little dots at top of chart. If it is green, it means it's bullish. If it is red, it means bearish.
3.Divergence signal, once there is a triangle shape appears on the chart, it is suggested that there is a divergence.
A potential buying signal is when trend line turns red but the filter is green, the price would likely to rise, another kind of buying signal would be the bullish divergence if the price is below the trend line.
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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 Hadean-Eon 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.