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AlgoRanger Trend Matrix

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๐Ÿ“˜ AlgoRanger Trend Matrix
Author: AlgoRanger

๐Ÿ” What It Does:
AlgoRanger Trend Matrix is a multi-timeframe trend confirmation tool that combines higher and lower timeframe analysis into a clean, color-coded dashboard. It helps traders quickly identify trend alignment across different timeframes, improving decision-making for entries, exits, and overall market bias.

It is designed to act as a visual filter to keep you trading in the direction of the dominant trend.

๐Ÿ› ๏ธ How It Works:
Multi-Timeframe Trend Scanning: Calculates trend direction on several user-defined timeframes (e.g., 1h, 4h, 1D, 1W).

Trend Criteria: Uses indicators like Moving Averages, Price Action, or custom logic to determine if the market is Bullish, Bearish, or Neutral.

Color-Coded Matrix:

๐ŸŸข Green = Uptrend

๐Ÿ”ด Red = Downtrend

โšช Gray/Neutral = Sideways or indecisive

Visual Panel: Displays real-time trend direction for each timeframe in a compact matrix format.

๐Ÿ“ˆ How to Use It:
Trend Confirmation: Only take trades in the direction where multiple timeframes show the same color (e.g., mostly green for buys).

Filter Noise: Avoid trades when the matrix is mixed (green + red + gray), signaling indecision.

Entry Timing:

Wait for lower timeframes (like 5m/15m) to align with higher ones (e.g. 1H, 4H).

This confirms momentum is syncing across levels.

Exits:

Consider taking partial profits or exiting when the matrix begins showing trend conflict (e.g., green turning red).

Scalping to Swing:

Scalpers use short-term trends (5m/15m).

Swing traders focus on 1H to Daily.

โœ… Best For:
Day trading

Swing trading

Trend-following systems

Traders needing quick visual confirmation of trend alignment

โš™๏ธ Customizable Settings (if available):
Timeframes to include (fully user-defined)

Trend criteria logic (MA, RSI slope, etc.)

Panel position and size

Alert integration when trends flip

๐Ÿง  Pro Tip:
Pair this with your entry strategy (e.g., Fibonacci Synthesis or price action) to filter out low-probability trades and stay on the right side of momentum.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.