OPEN-SOURCE SCRIPT
Marx Current Trend Display
Marx Current Trend Display
Identify trend direction instantly on any timeframe
This indicator gives you a clear, visual confirmation of the current market trend — Bullish or Bearish — based on price action relative to a customisable Exponential Moving Average (EMA).
⸻
✅ Features
• Dynamically determines trend using a user-defined EMA (default: 200)
• Shows a floating label above price:
• 🟢 “BULLISH TREND” when price is above EMA
• 🔴 “BEARISH TREND” when price is below EMA
• Optional color-coded background to make trend state even more obvious
• Works on any market and timeframe
• Simple, clean, and easy to interpret
⸻
🧠 How It Works
• Bullish Trend: Current price is above the EMA
• Bearish Trend: Current price is below the EMA
• EMA is plotted directly on the chart for additional clarity
⸻
⚙️ Customisable Settings
• EMA length (default: 200)
• Show/hide trend labels
• Toggle background color on/off
⸻
This is a perfect tool for traders who want quick confirmation of trend bias without clutter. Pair it with your entry/exit system or use it as a filter to stay aligned with market momentum.
Identify trend direction instantly on any timeframe
This indicator gives you a clear, visual confirmation of the current market trend — Bullish or Bearish — based on price action relative to a customisable Exponential Moving Average (EMA).
⸻
✅ Features
• Dynamically determines trend using a user-defined EMA (default: 200)
• Shows a floating label above price:
• 🟢 “BULLISH TREND” when price is above EMA
• 🔴 “BEARISH TREND” when price is below EMA
• Optional color-coded background to make trend state even more obvious
• Works on any market and timeframe
• Simple, clean, and easy to interpret
⸻
🧠 How It Works
• Bullish Trend: Current price is above the EMA
• Bearish Trend: Current price is below the EMA
• EMA is plotted directly on the chart for additional clarity
⸻
⚙️ Customisable Settings
• EMA length (default: 200)
• Show/hide trend labels
• Toggle background color on/off
⸻
This is a perfect tool for traders who want quick confirmation of trend bias without clutter. Pair it with your entry/exit system or use it as a filter to stay aligned with market momentum.
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
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。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
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。