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Quintalytics Support Resistance TrendWave 19

quintalytics  
Trend Analysis
15
2
trendanalysis
Quintalytics Support Resistance TrendWave is a combination of a Support/Resistance, Trend, and Trailing Stop Loss indicator.
This indicator is suitable for use in all timeframes and markets.

snapshot

COLORS
The Color GREEN indicates an Established Bullish Trend.
The Color BLUE indicates the Possible Forming of a Bullish Trend.

The Color RED indicates an Established Bearish Trend.
The Color PURPLE indicates the Possible Forming of a Bearish Trend.

The Color YELLOW indicates that the market is Sideways a.k.a. Flat a.k.a. Choppy.

You have the option of COLORING the BAR to match the Current Trendwave color.

SETTINGS
The indicator has two parameters: ‘LookBack Period’ and ‘Color Bar’.
The lower the ‘LookBack Period’, the more responsive to price action the indicator will be.

snapshot

Invite-only script

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 quintalytics 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.

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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