INVITE-ONLY SCRIPT
Crypto4light Direction
Updated
An indicator that helps you assess the direction of the trend in the market, depending on the time frame on which you trade! The older the timeframe, the more reliably the direction of market participants is analyzed.
The indicator can help you making decisions to enter or exit a trade with the help of signals. Signals are divided into two types
Depending on the direction of the trend, circles will appear from above or below. The circles will signal that the main participants and possibly the market maker are starting to reduce or gain their position. Big players always need liquidity, so they can build or reduce a position for quite a long time. Round dots are not the main signal for trading
A red or green triangle signals a final change in the local or global trend, depending on your timeframe. Market Makers or players with large positions have exited the market, or conversely gained enough position to change the direction of price movement.
The green and red solid lines are the levels where the trend is most likely to end
The green and red dashed lines are the levels where the big players are more likely to start gradually selling off or gaining a position to change the trend before the momentum.
In the style settings, you can change the input positions of each of the lines, for yourself or for a specific asset. But the settings are already set in the most optimal way.
In the style settings, you can change the input positions of each of the lines, for yourself or for a specific asset. But the settings are already set in the most optimal way.
Notification
In alerts, depending on the timeframe, you can set 2 types of alerts: Bullish or Bearish
The indicator can help you making decisions to enter or exit a trade with the help of signals. Signals are divided into two types
Depending on the direction of the trend, circles will appear from above or below. The circles will signal that the main participants and possibly the market maker are starting to reduce or gain their position. Big players always need liquidity, so they can build or reduce a position for quite a long time. Round dots are not the main signal for trading
A red or green triangle signals a final change in the local or global trend, depending on your timeframe. Market Makers or players with large positions have exited the market, or conversely gained enough position to change the direction of price movement.
The green and red solid lines are the levels where the trend is most likely to end
The green and red dashed lines are the levels where the big players are more likely to start gradually selling off or gaining a position to change the trend before the momentum.
In the style settings, you can change the input positions of each of the lines, for yourself or for a specific asset. But the settings are already set in the most optimal way.
In the style settings, you can change the input positions of each of the lines, for yourself or for a specific asset. But the settings are already set in the most optimal way.
Notification
In alerts, depending on the timeframe, you can set 2 types of alerts: Bullish or Bearish
Release Notes
An indicator that helps you assess the direction of the trend in the market, depending on the time frame on which you trade! The older the timeframe, the more reliably the direction of market participants is analyzed.The indicator can help you making decisions to enter or exit a trade with the help of signals. Signals are divided into two types
Depending on the direction of the trend, circles will appear from above or below. The circles will signal that the main participants and possibly the market maker are starting to reduce or gain their position. Big players always need liquidity, so they can build or reduce a position for quite a long time. Round dots are not the main signal for trading
A red or green triangle signals a final change in the local or global trend, depending on your timeframe. Market Makers or players with large positions have exited the market, or conversely gained enough position to change the direction of price movement.
The green and red solid lines are the levels where the trend is most likely to end
The green and red dashed lines are the levels where the big players are more likely to start gradually selling off or gaining a position to change the trend before the momentum.
In the style settings, you can change the input positions of each of the lines, for yourself or for a specific asset. But the settings are already set in the most optimal way.
In the style settings, you can change the input positions of each of the lines, for yourself or for a specific asset. But the settings are already set in the most optimal way.
Notification
In alerts, depending on the timeframe, you can set 2 types of alerts: Bullish or Bearish
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Crypto4light for more information, or follow the author's instructions below.
Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Author's instructions
″Write please direct message in TradingView or by any link in my profile if you want to use all Crypto4light indicators pack
Want to use this script on a chart?
Warning: please read before requesting access.
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💰Join in tg channel - t.me/crypto4light
🐦Follow on Twitter - twitter.com/vladi4light
📊Max Discounts lnk.bio/discount4light
Disclaimer
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