INVITE-ONLY SCRIPT

TrendMaster Pro

Updated
TrendMaster Equilibrium X
TrendMaster Equilibrium X is a composite of TrendMaster, MokuMaster and KishokuMaster in one indicator. It is designed to be a drop-in replacement of our flagship indicator, TrendMaster, allowing the user to examine all three indicators on a single chart. The purpose of TrendMaster Equilibrium X is to provide a sentiment filter when assessing possible Trendmaster entries. When all three indicators align, we have equilibrium and can feel confident to take the trade. The indicator is optimised for weekly, daily and 4-hour candlesticks and can be used for all trending markets. It is exclusively available to our Pro tier members.

MokuMaster
MokuMaster is based on Ichimoku and its colours are derived from Ichimoku's depiction of trend conditions. When examining charts for directional bias you can simply check the colour of MokuMaster.

  • Bright Green - Resolutely Bullish
  • Green - Bullish
  • Blue - Neutral
  • Pink - Bearish
  • Red - Resolutely Bearish


These categories represent the interactions between Price, the Tenkan-sen, the Kijun-sen, the Kumo and the Chikou Span. This can be overwhelming if you are not an accomplished Ichimoku trader. MokuMaster allows you to view these interactions without the difficulty of interpreting what they mean.

KishokuMaster
KishokuMaster is a very simple indicator designed to provide an immediate representation of the ‘mood’ of the market. It provides an optimal balance of lag and smoothing to help traders establish a Bullish or Bearish bias. The underlying logic is based on Alan Hull's weighting techniques. KishokuMaster generally gives an early warning of a trend reversal.

Confluence
When assessing a TrendMaster entry, you can use TrendMaster Equilibrium as a simple checklist as shown in the annotated chart below. By taking entries that satisfy all criteria, you increase your likelihood of a successful outcome.

How to get it?
If you would like to use TrendMaster Equilibrium or any of our other Indicators, please visit my site. Here you can purchase one of our packages which include indicators, market scanner bots and a large Discord community. You will also find educational content and how to guides for our indicators.

Our Story
Founded in 2018 by IchimokuScholar and C00kie, TrendMaster is a team that produces technical analysis indicators with an emphasis on simplicity and noise reduction. We support a large community with educational content, automated market scanners and mentoring in our private chat rooms. We produce technical analysis indicators geared primarily towards the emerging Cryptocurrency asset class. We provide educational material to assist trader development and host a large online trend following community. All of our products are designed to help traders distinguish relevant information from background noise. Our indicators encourage disciplined trade management to maximise the opportunity captured while minimising losses.

IchimokuScholar
IchimokuScholar – In 2017 I retired from a career in higher education to focus on Trading. I like to trade long term trends, focusing primarily on continuation setups. I am dedicated to sharing my knowledge of trading and take great pleasure in simplifying technical analysis for newer traders.

C00kie
I started trading crypto in 2017 and immediately started coding a bunch of tools to improve my quality of life. Some definitely worked out better than others. Like to trade the higher timeframes and drawing horizontal lines on charts. I am also pretty much obligated to like cookies. Indicators. Here you can purchase one of our packages which include indicators, market scanner bots and a large Discord community. You will also find educational content and how to guides for our indicators.
Release Notes
  • Added AA / AAA labels to position sizing bubbles
  • Added AA / AAA alerts
Release Notes
  • Ability to select what type of position sizing to show (short, long, both, only last etc.)
  • Added compact and full mode for position sizing boxes
  • Renamed and reworked some of the existing settings
  • Standardized color usage
  • Added candle colouring style for KM and MM in the Equilibrium X indicator.
  • Alert options added: Any AA, Any AAA, Any AA or AAA, Bearish AA or AAA, Bullish AA or AAA
Release Notes
  • Added option to use checkbox to enable/disable position sizing bubbles
Release Notes
  • Added alert for "Any signal candle" (regardless of which direction)
  • Added entry style "ATR Entry, Candle Stop"
  • Cloud lines default invisible
  • Changed default colors
Release Notes
  • Small color change
Release Notes
  • Added Signal Types "Only AA", "Only AAA", "Only AA or AAA"
Release Notes
  • Coloring fix for start of trend / all signals.
Release Notes
  • Moved position size filter into separate setting
Release Notes
  • Added inputs for MokuMaster settings
  • Fixed a bug in AA/AAA classifications
Release Notes
  • Added TM/KM coloring
Release Notes
  • Fix blue candles also for returning to cloud.
    ]*] Fix alert for "only first of trend".
Release Notes
  • Added filter to filter out signal candles above a certain %
  • Added position sizing option "Candle Entry, ATR Stop"
Release Notes
  • New KishokuMaster alert covering every flip
  • Fixed a bug in percentage display for candle size
  • Added max capital % per trade
Release Notes
  • Version nr
Trend Analysis

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

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

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