subhagghosh

Subhag Ghosh Trend Signal

In trading, capturing the trend is very important. The logic is to use higher time frame to capture the trend and use lower time frame for entry & exit.

This simple indicator is used to gauge the trend on higher time frame, you can ideally set a time frame of 3x to 4x of the current time frame you are using.

E.g. In BankNifty day trading you can use 3 min TF on chart and use 15 min (default indicator value) of the trend analyzer indicator.

How to use the indicator?

1. Trend is your friend :- If the indicator is giving you a buy, use lower timeframe to enter long and vice versa.
2. Higher TF, takes time to change trend, it’s ok to leave those time period for trading.
3. When both higher TF & lower TF trend is aligned, you success ration increases drastically.

Any feedback is welcomed.
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.

Want to use this script on a chart?

Comments

So far looking good. Great work indeed. Let me try it tomorrow in live market. Chart TF is 3 min and indicator default is 15 min, right?? Should go with this setting.
+33 Reply
subhagghosh subhdash1984
@subhdash1984, I have tested it in live for 3 months, excellent in catching big spike movements.
+15 Reply
Mohanrockstar subhdash1984
may I know the indicator name pls
Reply
subhdash1984 Mohanrockstar
@Mohanrockstar, just add this indicator to your favorites and you can access. "trend signal" is the name of the indicator
Reply
subhagghosh Mohanrockstar
@Mohanrockstar, search by my name under indicator

Subhag
Reply
I have planned to publish multiple indicators ( custom & semi leading) and some well set of strategy over indicators in the next few days.

Keep following & ak like to banta hai.
+23 Reply
subhdash1984 subhagghosh
@subhagghosh, jaroor. we r waiting for your next release
+1 Reply
Today booked 410 point in banknifty using price action and using trend indicator.

How?

Check my profile for Twitter account, I have posted along with screen short of the trades using 3 min time frame and default indicator settings.

I am not allowed to post picture here or idea on 3 min time frame due to restrictions.
+9 Reply
pnkevat69 subhagghosh
@subhagghosh,

Sir,

Your feedback on intraday trading is very helpful to us.

I want to learn how to judge BN movement, please help me.

Thanks
+2 Reply
I saw your YouTube channel and your daughter dance also could you provide your What's App no
I saw you from barrackpore ..
I am from birati ..
+5 Reply
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