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Trend shift Candles (Expo)

34 074
Trend shift Candles (Expo) identifies where the market characteristics change. Trend shifts often occur in these areas. This is visualized with white candlesticks and Zones.

-> When the market enters a positive trend the candlesticks become green and when the market enters a negative trend the candlesticks become red.

-> The user can choose which timeframe to use. Vwap can be enabled as an input source instead of using price.

-> Please play around with the settings, I haven't set them to any specific values.


HOW TO USE

1. Use the indicator to identify the direction of the trend.
2. Use the indicator to identify trend changes.

-> Visual Order should be set to "Bring to Front" in order to see the color of the candles.



INDICATOR IN ACTION

4 hour chart
快照



The indicator work on Heikin Ashi, Candles, Bars, Renko, Line Break, Kagi, and Point & Figure chart.


I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!

I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!



ACCESS THE INDICATOR

• Contact me on TradingView or use the links below


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Disclaimer


Copyright by Zeiierman.

The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.

My scripts/indicators/ideas are only for educational purposes
發行說明
Minor bug fixes and improvements
發行說明
Minor bug fixes and improvements
發行說明
Minor Update
發行說明
Minor Update

Best
發行說明
Improvements!

  • Performance Improvements
  • Improved accuracy
  • Enhanced candle coloring
  • Tooltips Added

發行說明
Major Performance Improvements!
  • New Enhanced Trend shift calculations
  • Design changes

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。