OPEN-SOURCE SCRIPT

Brokerir Trend Change Indicator

Brokerir’s Trend Change Indicator: Your Comprehensive Tool for Navigating Market Trends
brokerir.com/trend-prediction-indicator-in-tradingview/

Brokerir proudly introduces the Trend Change Indicator, an all-in-one, intuitive tool crafted to help traders and investors seamlessly identify bullish and bearish trends in asset prices. Designed with user experience in mind, this indicator offers customizable input settings and an integrated alert system that promptly notifies users of potential shifts in both short-term and long-term market trends. These timely alerts are essential for less active investors to position themselves accurately before significant trend changes occur and play a vital role in managing risk once a trend is established. It’s important to highlight that the Trend Change Indicator performs best with assets that have a history of strong, sustained trends.

Core Features:

Exponential Moving Averages (EMA) Interaction: At the foundation of this tool lies the dynamic interaction between the 30-day and 60-day EMAs. A green signal denotes a bullish trend when the 30-day EMA surpasses the 60-day EMA, while a red signal indicates a bearish trend when the 30-day EMA falls below the 60-day EMA. Additionally, the appearance of gray signals alerts users to potential trend reversals as the EMAs converge and dip below the Average True Range (ATR) safety threshold. This comprehensive analysis is performed on both hourly and daily timeframes, with the 4-hour timeframe offering early indications of daily trend changes. Visually, the indicator displays the EMA interactions within a band on the daily chart, also reflected in the second row of the table, while the first row showcases the EMA interactions on the 4-hour timeframe.

140-Day Simple Moving Average (SMA) with Predictive Insights: Enhancing long-term trend analysis, the Trend Change Indicator incorporates a 140-day (20-week) SMA, depicted by a line adorned with predictive dots. This feature empowers investors to gain a deeper understanding of long-term price movements by projecting the SMA value 10 days into the future. The slope of these predictive dots is key: an upward trend in the dots suggests an underlying bullish trend, whereas a downward trend indicates a bearish outlook. Generally, asset prices trading above the SMA are considered bullish, while those below are viewed as bearish.

Why Choose Brokerir’s Trend Change Indicator?

The Trend Change Indicator by Brokerir is a robust solution for pinpointing price trends and effectively managing risk. Its user-friendly, color-coded interface makes it an indispensable asset for traders and investors aiming to stay ahead of trend shifts and maintain control over their investments once a trend is in motion. Historically, this indicator has demonstrated significant value in trending markets such as cryptocurrencies, technology stocks, and commodities. For optimal results, Brokerir recommends using the Trend Change Indicator alongside other technical analysis tools to achieve a more comprehensive and balanced decision-making process.

Embrace Brokerir’s Trend Change Indicator to enhance your trading strategy, stay informed about market dynamics, and manage your investment risks with confidence.

Aviso legal