Trend Stability (Expo) is a multifunctional trend trading tool that identifies all aspects of trend trading. The indicator helps traders to stay on the right side of the market, identify retracements, reversals, and trend strength. In addition to that, we have added momentum - moves for traders that want to do trend scalping. The candle coloring displays the current trend and gives early signs of trend reversals and retracements.
➤ All in one trading tool that filters out noise and leaves us with insights that matter.
Real-Time with Alerts
No Repainting
Works on any market and in any timeframe
HOW TO USE
Use the indicator to gain insights into all aspects of trend trading:
Trend Stability/equilibrium
Trend Strength
Trend Retracements
Trend Reversals
Trend Filter
Momentum Moves
INDICATOR IN ACTION
4-hour chart
The setting used on the chart below displays negative momentum-moves with a noise-free positive trend.
I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
----------------- Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/strategies/ideas are only for educational purposes!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
Im digging deep into your catalog, and this one is a GEM!
Viefab
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Hello! Your previous version of this script is one of the key components to my trading strategy bc combined with a few other scripts, it’s pretty amazing for showing me if a short term trend will hold or not (I’m a day/swing trader). I make sure that all my charts are not on auto-save so that nothing gets messed up, but.. I applied this update on a new chart and I’m Struggling to pull out the key factors I have set on the previous version. There’s too much noise and I need to figure out where it’s coming from and how to mute it so I can see more clearly. Would it be possible to publish the previous version as a separate script? I’m going to test this updated version out and see if it it as effective but I’m terrified I’ll lose that other version! Thank you in advance, your scripts are a game-changer. I have spent the last 3 months combining and fine tuning and just started putting into real time use this week.
Zeiierman
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@Viefab, Hi thanks for the great feedback and we're happy that you have consistent success with our scripts. Keep it up! :) The update includes minor changes and you can easily go back to the previous version of the script within the setting panel. Send me a private message and I can show you how.