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Trend Cloud [Tcs] | ALGO
The TCS CLOUD has been developed to provide information about trend direction and potential buy/sell entry points in the market.
The cloud is a momentum and ATR-based indicator that removes all the noise that MAs usually provide, improving the simplicity of reading market direction. It can be adjusted based on a trader's own trading ideas through look-back adjustment and a multiplier.
Minor values are more indicated for scalpers.
It can be useful to find entry for trend continuation and has been designed to provide accurate points of retracement.
The middle line, based on Donchian concepts and plotted in dots, and candlestick color are based on the price action of highs and lows compared to past highs/lows.
Dots and candles can be green (strong bullish), light green (bullish), gray (non-directional), purple (strong bearish), and light purple (bearish).
Please note that this indicator is for educational purposes only and should not be used for trading without further testing and analysis.
The cloud is a momentum and ATR-based indicator that removes all the noise that MAs usually provide, improving the simplicity of reading market direction. It can be adjusted based on a trader's own trading ideas through look-back adjustment and a multiplier.
Minor values are more indicated for scalpers.
It can be useful to find entry for trend continuation and has been designed to provide accurate points of retracement.
The middle line, based on Donchian concepts and plotted in dots, and candlestick color are based on the price action of highs and lows compared to past highs/lows.
Dots and candles can be green (strong bullish), light green (bullish), gray (non-directional), purple (strong bearish), and light purple (bearish).
Please note that this indicator is for educational purposes only and should not be used for trading without further testing and analysis.
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡zendrer。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
You can find all the necessary info in the website http://www.thecryptostrategist.com
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
For the access to premium indicators please contact me on tradingview
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。
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡zendrer。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
You can find all the necessary info in the website http://www.thecryptostrategist.com
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
For the access to premium indicators please contact me on tradingview
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。