Trend Identifier ! — Indicator by Nfaizan

volatility trendanalysis directionalmovement

Trend Identifier is basically identifies the trend specially during range bound market / choppy market and false breakout . After long bull trend if pink candle/bar starts appearing there is possibility of trend reversal ( bear trend may start or price may consolidate in range until red candle doesn't appear ) vice versa !

Aqua = Strong Bull Trend
Yellow = Weak Bull Trend
Pink = Weak Bear Trend
Red= Strong Bear Trend !

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