UltraTrends.V2

This is version 2 of Ultratrends.

Like the last version:
Fuschia is pivot down, yellow is pivot up, up is confirmed up, down is confirmed down, green is uptrend, red is downtrend, gray is no trend.

"UP" Is a good indication that the market is going to go up. "DOWN" is a good indication that the market will go down. However, use your head. Think about support / resistance.

Additions:
- 200 EMA/SMA Average (Thick aqua line): Great for determining trend and acts as support / resistance.

- 50 SMA (thin yellow line): Use for 50/200 crosses to determine trend. Serves as weaker resistance.

- Dynamic Pivot points (by finn): Serve as support / resistance levels. Plotted as horizontal dots.

- Early move detection: demonstrated by either a green triangle below bar or red triangle above bar.

- "Hot Zones": volume based background highlighting the manifestation of bullish conditions. Default color is white, so if you use a lighter background, please change it to another color.

This indicator works best with 1337 Volume:

The only way to get this script is by joining Gambit Private Trading Room. There are currently ~ 90 experienced traders in the room at the time of this post that share the best ideas / setups. For more information, please fill out the form at: GambitCrypto.com/join

Enjoy