πŸ‘‰ What is this indicator ?

Understanding the Sideways Trend is the best trading method, and we have written this script intending to make you a better sideways filter indicator. Treat Sideways helps you understand the sideways trend and trade in a risk free manner.

πŸ‘‰ On which coins can this indicator be used ?

This indicator is best used on all cryptocurrencies, stocks , forex markets

πŸ‘‰ How work this indicator ?

We understand the trend using our secret logic and price action, and After that, we mark the sideways movement in a box. The moving average line helps us to construct this indicator.

πŸ‘‰ Default Coin and Time Frame ?

XRPUSDT
Time Frame : 1 min


MA Line Color Details πŸ‘‡

The Blue color of the MA line indicates the Sideways Trend
The Red color of the MA line indicates the Down Trend
The Green color of the MA line indicates the Up Trend


Indicator Settings πŸ‘‡

Box Height : This setting can be used to set the size of the Sideways trend

Time Gap : This option is used to control unexpected down trend and up trend

Up Down Threshold : This option should be adjusted according to the time frame and voltality

Color :
Option to change the color of the box that appears in the sideways trend

Border Color : Option to change the color of the box border that appears in the sideways trend

Opacity : Option to change the opacity of the box border that appears in the sideways trend

Line Width : You can adjust the width of the MA line with this option
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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