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Trenderv3

TrenderTrender is a popular trailing stop indicator on the Bloomberg system and since I didn't have source code to work with, this is a close approximation of that indicator. Let me know if you spot any discrepancies and I will adjust accordingly. This indicator is a trailing stop system along with a trend confirmation. When the blue line falls below the black line, that is a confirmation of a down trend and when it rises above the black line, it is a confirmation of an up trend. When the trender line is above the price, then that means the stock is in a general down trend and vice versa. I have color coded the trender line to show you when to buy or sell that stock to keep it easy. This was a special request so let me know if you want to see more scripts from me or if you want something custom!
Penunjuk Pine Script®
oleh cheatcountry
4
Trender V4.1# Faster Loading # Improved Calculation Indicator for IntraDay to Short term Trading (3-5 days), Green Signal = long, Red = short, Use Support Lines and MA for Entries and OB/OS Squares to book profits. Best Applicable in 5 min chart for IntraDay to Short term Trading... Reference Images to Use Effectively --- s3.amazonaws.com s3.amazonaws.com s3.amazonaws.com s3.amazonaws.com Can Also combine it with On Balance Volumes to confirm trend.. If you Like the Work.... www.paypal.me
Penunjuk Pine Script®
oleh BrokeButBold
19