To determine bullish uptrend there must beat least 2/3 green squares. This is a great predictor that a uptrend is coming.
Bearish Downtrend
To determine bearish downtrend there must beat least 2/3 red squares. This is a great predictor that a downtrend is coming.
For best results use with "Stochastic RSI + background color change" (Combined indicators)
When buy signal on "Stochastic RSI + background color change" and trend meter has a minimum of 2 green squares then this is a great buy entry.
When sell signal on "Stochastic RSI + background color change" and trend meter has a minimum of 2 red squares then this is a great sell entry
Release Notes
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Updated the Oscillators
Release Notes
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Added a Trend Master background color fill: Added Alerts for both Green and Red Backgrounds. -Green background = 3 green squares + price above 100 EMA (multiple options 100 200 400) -Red background = 3 red squares + price below 100 EMA (multiple options 100 200 400)
Can I please get acces to your Trend meter script ?
Thanks …
Bart66
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I was in short on a trade, 10min later price pumps up!!!! 5min later I see a screenshot from friendly trader asking me why I shorted.... the TrendMeter had 3 greens already like hour ago.... Not going to trade against this meter anymore!!!
Qterbcw46
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access please thanks
PlayboySGP
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May I have access to stochastic & Martin trend trader indicator please I private messaged you truly are appreciated !