TrendX+
2. Consists of trend candle, supporting line and trendline.
3. TrendX+ is easy to use and interpret the current trend.
4. Trend candle :-
- GREEN trend candle = Short-term uptrend/buy
- RED trend candle = Short-term downtrend/sell
5. Trend line :-
- GREEN trend line going upward = Mid-term uptrend
- RED trend line going downward = Mid-term downtrend
6. Trend candle crossing trend line :-
- Trend candle cross-up trend line = Mid-term buy point, trend line is supporting
- Trend candle cross-down trend line = Mid-term sell point, trend line is resistance
7. Six (6) alert conditions are set to notify when desired condition is triggered, i.e.
(1)TrendX+ turn GREEN
(2)TrendX+ turn RED
(3)TrendX+ cross-up Trend line
(4)TrendX+ cross-down Trend line
(5)Trend line turn GREEN
(6)Trend line turn RED
8. Background color indicates the color of trend candles for your convenience.
9. TrendX+ cannot be solely used for the purpose of trading decision, work best together with indicator DeviationDivergence+(DDX+), BBD+ and MCDX+.
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact TheWinningDay directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact TheWinningDay directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.