[RickAtw] ZONE Trend 3 — Indicator by AstroHub

trendanalysis zone zonetrading xau bitcoin au audusd

█ OVERVIEW

This indicator tracks current trends. Trends are determined by the zones created for them, the brighter the zone, the higher the probability of a market reversal.

█ FEATURES
The indicator adapts to any market.
You can set your own values for your system
Any timeframe can be used
You can increase the number of zones

█ HOW TO USE
If the market starts to enter the red zone, open buy and hold until the second or third zone.
If the market moves towards the blue zone, we sells and hold until the next zone.

█ The author of the work
Rick Atwood

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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