BUY / LONG when AlphaTrend line crosses above its 2 bars offsetted line, and there would be a green filling between them SELL / SHORT when AlphaTrend line crosses below its 2 bars offsetted line, and filling would be red then.
Default values: Coefficient: 1, which is the factor of the trailing ATR value Common Period: 14, which is the length of ATR MFI and RSI
AlphaTrend default uses MFI in the calculation, and MFI (Money Flow Index) needs the volume data of the chart. If your chart doesn't have the volume data, please select the "Change Calculation" option to use RSI instead of MFI.
Screener Panel:
You can explore 20 different and user-defined tickers, which can be changed from the SETTINGS (shares, crypto, commodities...) on this screener version. The screener panel shows up right after the bars on the right side of the chart.
Tickers seen in green are the ones that are in an uptrend, according to AlphaTrend. The ones that appear in red are those in the SELL signal, in a downtrend. The numbers in front of each Ticker indicate how many bars passed after the last BUY or SELL signal of AlphaTrend. For example, according to the indicator, when BTCUSDT appears in (3) and in GREEN, Bitcoin switched to BUY signal 3 bars ago.
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Added Time Frame selection for the first 5 symbols (Rest of the tickers are in indicator's time frame) -Now users can screen the same symbol in 5 different user-defined timeframes. For example: Users can select the first 5 tickers all the same as BTCUSDT and set timeframes as: For the 1st symbol: 15mins For the 2nd symbol: 1 hour For the 3rd symbol: 4 hours For the 4th symbol: Daily For the 5th symbol: Weekly to screen BTCUSDT's different AlphaTrend statistics on one chart.
Now users can change the number of tickers between 5-10-15-20 Users demanded to lower the number of symbols on the graph so the default ticker number is set to 10. From the settings tab:
Just Check "Screen 10 Symbols?" for 10 tickers. Check both "Screen 10 Symbols?" and "Screen 20 Symbols?" for 20 tickers Check only "Screen 20 Symbols?" for 15 tickers
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Added individual Time Frame selection option to all 20 tickers in the settings menu. The default option is the chart's time frame.
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Final version:
-In this version, users can define the number of tickers (symbols) from 1 to 20 by checking the relevant boxes on the settings tab. -All selected tickers can be screened in different timeframes.