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PT Trend Bars

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Version 1.0 of our Trend Bars Indicator offers a visual of the current trend. The purpose of it is to help you avoid counter trading the trend. It will not identify the exact top or bottom, but it will help you identify overall in which direction the market wants to head. High time frame trend bar candles will allow you to ride the wave for multiple weeks.

White candles indicate bullish trend
Black candles indicate bearish trend

Strategy:
Daily is our favorite time frame to use when trying to identify the overall macro trend of the asset. Once we cross bull with three consecutive white candles, we can assume we are bullish until the candles flip bear again (black). On lower time frame, if the candles flip color but the price is going against trend, you can assume we are going for a retest.

This Oscillator is best used with the PT Buy Sell indicators we provide. It offers extra confluence for a stop loss & for a target for swing setups. It is included as part of the library. Just message us for access!

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 patterntraders directly.

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Author's instructions

Warning: please read our guide for invite-only scripts before requesting access.
patterntraders
Join our telegram & discord for updates on our indicators & setups

✔ Website: whop.com/patterntraders

✔ Telegram: t.co/svvfkV3H7I?amp=1

✔ Discord: discord.gg/bqvYxc3

✔ Twitter: twitter.com/onlypatterns
Also on:
Bearish PatternsbitcoinindicatorbottomindicatorBTCBullish PatternsbuysignalCentered OscillatorsOscillatorssellsignaltopindicatorTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Bearish PatternsbitcoinindicatorbottomindicatorBTCBullish PatternsbuysignalCentered OscillatorsOscillatorssellsignaltopindicatorTrend Analysis

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 patterntraders 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.
patterntraders
Join our telegram & discord for updates on our indicators & setups

✔ Website: whop.com/patterntraders

✔ Telegram: t.co/svvfkV3H7I?amp=1

✔ Discord: discord.gg/bqvYxc3

✔ Twitter: twitter.com/onlypatterns
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.