PROTECTED SOURCE SCRIPT
DB Trend Break Finder

DB Trend Break Finder
What does the indicator do?
The DB Trend Break Finder indicator is designed to allow for easy visualization of price action trends and works on multiple timeframes (weekly+ recommended). The indicator is faily simple at it's core with background color changes for the following scenarios:
How should this indicator be used?
The DB Trend Break Finder indicator should be used for an easy visual reference of the current price action in respect to the previous closing. It can be hopeful for quickly locating price trend changes and possible price action patterns.
Does the indicator include any alerts?
Yes, the script contains alerts for "Lower Low", "Lower High" and "Higher High" conditions. Please note the indicators should be used for alerts to price action changes for manual review and should not be used for robot trading. Some of the plotting is lagging and all of the plots repain in realtime.
Enjoy!
What does the indicator do?
The DB Trend Break Finder indicator is designed to allow for easy visualization of price action trends and works on multiple timeframes (weekly+ recommended). The indicator is faily simple at it's core with background color changes for the following scenarios:
- Lower Lows
- Lower Highs (Lagging)
- Higher Highs
- Lower Lows & Higher High Combos (Lagging)
- Higher Lows & Lower Highs Combos (Lagging)
How should this indicator be used?
The DB Trend Break Finder indicator should be used for an easy visual reference of the current price action in respect to the previous closing. It can be hopeful for quickly locating price trend changes and possible price action patterns.
Does the indicator include any alerts?
Yes, the script contains alerts for "Lower Low", "Lower High" and "Higher High" conditions. Please note the indicators should be used for alerts to price action changes for manual review and should not be used for robot trading. Some of the plotting is lagging and all of the plots repain in realtime.
Enjoy!
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.