PROTECTED SOURCE SCRIPT
Updated Trendstone No-Trade Zone

Use the Trendstone No-Trade Zone as a gatekeeper: whenever price is inside or even kissing the shaded ribbon, you stand down, no new entries. Treat a clean close outside the ribbon as "conditions are acceptable", not as a signal.
Your own setup still decides entries and exits. If you want the zone to react faster to shifts, lower the Multiplier; if you want it steadier and harder to penetrate, raise the Multiplier.
Flip Use Aggressive Zero-Lag Profile on when you’re working short horizons and need earlier reads; turn it off when you prefer a calmer, more selective filter.
Ribbon-lines are hidden by default. You can set your preferred color/opacity in the Style panel.
Your own setup still decides entries and exits. If you want the zone to react faster to shifts, lower the Multiplier; if you want it steadier and harder to penetrate, raise the Multiplier.
Flip Use Aggressive Zero-Lag Profile on when you’re working short horizons and need earlier reads; turn it off when you prefer a calmer, more selective filter.
Ribbon-lines are hidden by default. You can set your preferred color/opacity in the Style panel.
Release Notes
Use the Trendstone No-Trade Zone as a gatekeeper: whenever price is inside or even kissing the shaded ribbon, you stand down, no new entries. Treat a clean close outside the ribbon as "conditions are acceptable", not as a signal.Your own setup still decides entries and exits. If you want the zone to react faster to shifts, lower the Multiplier; if you want it steadier and harder to penetrate, raise the Multiplier.
Flip Use Aggressive Zero-Lag Profile on when you’re working short horizons and need earlier reads; turn it off when you prefer a calmer, more selective filter.
Ribbon-lines are hidden by default. You can set your preferred color/opacity in the Style panel.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.