Clean Market Indicator

I built this indicator to give a clear indication for when to look for long or short opportunities. It’s a very powerful indicator on both small- and large-time frames. So, whether you’re day-trading or trading a few times a week, this indicator will help you to improve your trading abilities. Since I’m a fond believer of the idea that a picture will tell a thousand words, please check out the pictures below.

Green = Bullish trend
Red = Bearish trend
Orange = Potential trend reversal
Black = No Signal

How to trade: in strong trending markets you could wait till the background changes into your desired color and trade that direction once it does. Another way to trade is to look for long opportunities in a certain market when the larger time frame’s background is green, since the trend is bullish and you don’t want to trade against the trend. In the end, countless possibilities to use this indicator to make yourself better at finding profitable opportunities.
Take a look at the pictures below where I show some different assets and timeframes with the Clean Market Indicator.

See below for examples:

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Invite-only script

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Author's instructions

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