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Lij_MC
١٩ تشرين الثاني نوفمبر ٢٠١٩ ١١:٢٦

Trend Meter 

Bitcoin / U.S. dollarBitstamp

الوصف

Use as a supplementary Indicator to confirm your entries, but it is as good on it's own.

When you first apply the indicator to your chart make sure you shrink it down It looks a lot better that way

The indicator consists of 3 different Trend Meters and a Trend Bar which are used to confirm trend

As a bonus Possible Momentum Setup entries based on Stochastics are marked as well, these are very Powerful however please use with caution

How to Use

The more Trend meters are lit up the better

Look for Support or Resistance Levels for price to be attracted to

Find confluence with other indicators

Enter Long above the Setup Bar

Enter Short Below the Setup Bar


ملاحظات الأخبار

Adjusted;

Filter X parameters

Trend Meter Background Highlight - Filter X + 3 Trend Meter Conditions Met (Minor / Major Base Line Cross Excluded)

ملاحظات الأخبار

Updated Alerts - You can see and set them properly now

ملاحظات الأخبار

Fixed issue with Alerts

ملاحظات الأخبار

Ability to change dot size

Background Highlight when all 3 conditions are met

Adjusted Alerts

ملاحظات الأخبار

Major Update

Added;

Trend Meters - Fast MACD and RSI Signal Line Cross and RSI 13 Above or Below 50
A Second Trend Bar - Trend Bars Show MA Cross or MA direction
Lots of Alerts

All in All a much more accurate Trend Meter to confirm your trades

ملاحظات الأخبار

Removed Stochastic Momentum Setups and Replaced them with Wave Trend Signals

ملاحظات الأخبار

Fixed Signals - Enjoy but please Back Test

ملاحظات الأخبار

Added Alert for "Any Setup" - Combines Wave Trend Setups, 3 conditions met Setups and 5 ? 11 ema crosses

This Alert is very powerful
However please remember to Long or Short only after the Setup Bar is Closed
and to have a very tight stop loss,
Stop Loss at Bottom of Setup Bar for Longs and Top of Setup Bar for Shorts.
If Price hasn't gone your way after a couple of Bars then cancel your order and wait for a new setup

ملاحظات الأخبار

As Per Request Added

Alerts for Rapid Color Change for 3 trend meters

ملاحظات الأخبار

Long Awaited Update

Removed a lot of non essential alerts

Added Alerts for when Trend Meters line up with Trend Bars - This has been a long standing request by the community

ملاحظات الأخبار

Fixed a fault with the Alerts

ملاحظات الأخبار

Updated Menu & Alerts

ملاحظات الأخبار

Finally the Alerts that Everyone has been asking for!

3 Trend Meters No Longer Align - Possible exit / take profit signal

Wave Trend Signal when the 3 Trend Meters Align

ملاحظات الأخبار

Added Indication for Positive or Negative Pressure based on RSI and Wave Trend

ملاحظات الأخبار

Adjusted position of Pos/Neg Strength Dots

ملاحظات الأخبار

Updated the Look and Function of the Trend Meter and the Menu

ملاحظات الأخبار

Updated Chart

ملاحظات الأخبار

Updated Chart
التعليقات
rolopsionic
Awesome indicator!, i am newbie in pine script, and I wanted to ask you how can make an Alert Condition with only: Signals 2 (all 3 trend meter now alligned), and trend bar 1 (thin line), and trend bar 2 (thin line). Thanks very much for your help my friend.
Lij_MC
@rolopsionic, Thank you, you are most welcome
Sorry I'm not quite sure what you mean by Signals 2?
LowRunner0901
@Lij_MC, I was going to ask you the same question. Do you have a pine script to test entry (All three trends meters align and both trend bars align) and exit once one of those signals come off? Love your indicator, I have done great with this and wanted to thank you...
qwak33
Very useful indicator to keep the charts clean! I use it quite a lot recently.
Could you please add another option to the Trend Bar 2 Settings so I could select "MACD Zero line" to see whether the MACD is under or above the zero line? It would be more useful than another Moving Average for me while testing my strategies.
Thank you for considering my request and keep up the great work! Cheers!
cryptocoho
And by the way, here you have some coins for the work and updates!
cryptocoho
@cryptocoho, I really appreciate your work on this one! Amazing indicator.
How do you set alerts for when all dots green or all dots red? I'd really appreciate an answer!
vybztrading
@cryptocoho, right click the indicator in the object tree or press 3 dots, then press add alert to said indicator, then you should be able to modify the alert settings from there.
Boelz
And here are also some coins for this inciator. :)
tps565
Thank you! It is the BEST indicator!
Lij_MC
@tps565, Thank you so much :)
المزيد