TTS = Trend Trading System Scripts objective: It was developed to identify the big picture "TREND". It simplified the process to identify Uptrend (Blue candle) & Downtrend (Red candle).
Steps to embed the signal template into your chart:- 1. Click the above link, goes into the web page 2. Click the "Like" button on the Right-Below the chart 3. Click the "Add to Favourite Scripts" on the Right-Below button 4. Go back to TradingView charting 5. Click on the "Indicator" pulldown menu & Select "Favourite" 6. Select "SIB Trend Trading System" 7. Your chart will change to the new look & Enjoying 8. Read the How-to-Use instruction
How-to-Use: BUY Signal:- *Candle color changed from RED to BLUE & Candle closed above the Bull-Bear divider (Redline). *Blue-Candle = Market at Uptrend sentiment. (Dark-blue = Down-candle & Light-blue = Up-candle) *Redline (Bull/Bear Divider) price closed "ABOVE" = Bullish. *Yellow diamond + BT = Bottom reversal. *🔼" White-upward-triangle = Soaring momentum. *Yellow candle + alert bell = Rally take-off signal. *Blue/Green/Yellow dot (below candle) = Positive momentum.
SELL Signal:- *Candle color changed from BLUE to RED or Candle closed below the Bull-Bear divider (Redline) *Red-Candle = Market at Downtrend sentiment. (Dark-red = Down-candle & Light-red = Up-candle) *Red-Dot = Hot-Buyer, potentially a Top signal. *Yellow-Dot = Crazy-Buyer, potentially a Top signal.
Disclaimer:- -This indicator is provided as best as it's an effort for the study in the Technical Analysis perspective. -This is not and never a trading suggestion of buy/sell call or decision under any circumstances. -This indicator is for the member's and subscriber's circulation only. *If you are interested in the indicator, kindly contact us for the Free-Trial. -Good luck & Happy Charting!
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Script update to synchronize with the ASAS (Automated Stock Alert System) signal script.
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Script update to complement with additional Moving Average indicators.
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Script update to complement with additional Bollinger Band indicators.