SidekickAlgo

SideKick Trend


Pivot point based indicator using candlestick colors on the daily time frame to indicate potential trends.
The major trend corresponds to the breakout of a major pivot point, while the minor trend corresponds to the breakout of a minor pivot point.

Colors:

# Orange: Indicates major uptrend (important pivot high has been surpassed)
# Black: Indicates major downtrend (important pivot low has been broken)

Additional:

# Orange (50% opacity): Indicates minor uptrend (break of a minor pivot high) while a major downtrend persists
# Black (50% opacity): Indicates minor downtrend (break of a minor pivot low) while a major uptrend persists.

The minor trends serve as potential indicators of a shift in the major trend or a temporary retrace which may provide opportunities for strategic entry points depending on your strategy.

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