AlphaTrend - Medium Term Trend Probability indicator on TOTALES
The MTPI aggregates signals from seven powerful technical indicators to give a high-probability view of market trends. By analyzing multiple trend, momentum, and oscillator indicators simultaneously, MTPI provides a single, unified signal for trading decisions.
Key features:
Aggregated Trend Score: Combines seven indicators to determine bullish or bearish bias. A majority of long signals triggers a bullish view, while a majority of short signals triggers a bearish view.
Dynamic Bar Coloring: Bars are visually colored based on aggregated signals: greenish-blue for bullish, purple for bearish.
Indicator Table: Clear snapshot of which indicators are signaling long, short, or neutral on the current bar.
Customizable Inputs: Adjustable parameters for all underlying indicators, allowing fine-tuning for any trading style.
MTPI is ideal for traders who want to combine multiple technical insights into a single, actionable view without cluttering the chart.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact AlphaEdge_ directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact AlphaEdge_ directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.