Cyatophilum Trend Indicator by cyatophilum

volatility trendanalysis volumestudies range

You should already know that you shouldn't trade against the market, but rather in the trend direction.

You might also have noticed that during range market ( sideways action ) bad trades were more likely to happens.

With this indicator, the trend is highlighted.

Green for bullish trend.

Red for bearish trend.

No color for range market.

Use this indicator as a filter on top of your already existing indicators.

When the zone is green, only listen long signals.

When the zone is red, only listen short signals.

Where there is no zone, avoid all trades.

Release Notes:

New options added.

Release Notes:

Added 2 alerts :
"BULLISH TREND" for when we enter a bullish trend.
"BEARISH TREND" for when we enter a bearish trend.

Release Notes:

New alert "NEUTRAL" for sideways, no trading.

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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 cyatophilum for more information, or follow the author's instructions below.

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