PROTECTED SOURCE SCRIPT
CryptoField - TREND Mode indicator
The CryptoField TREND Mode indicator identifies the trend direction (uptrend or downtrend) and the mode (trending or sideways) of the market.
Uptrend when green
Downtrend when red
Sideways when orange
Trending when green or red
Basically the indicator works like a double moving average, but the algorithm reacts faster on movements and it tolerates "noisy"/volatile markets better which makes it more effective on crypto markets.
It can be applied to strategies or other indicators as a trend direction or market mode filter.
Uptrend when green
Downtrend when red
Sideways when orange
Trending when green or red
Basically the indicator works like a double moving average, but the algorithm reacts faster on movements and it tolerates "noisy"/volatile markets better which makes it more effective on crypto markets.
It can be applied to strategies or other indicators as a trend direction or market mode filter.
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.