Trend Trader
The indicator gives you four things on the chart. Read them together, from the big picture down to the entry signal.
1. The two moving average lines (trend direction)
The thin line is the short MA (50) and the thick line is the long MA (100).
Each line changes color with its own slope. Green means rising, red means falling, and gray means flat.
If both lines are green, the trend is up. If both are red, the trend is down. If they are mixed, the trend is shifting or choppy.
When the short line is above the long line, that’s a bullish structure. When it’s below, that’s bearish.
2. The gray cloud between the lines (trend strength)
A wide cloud means the two MAs are far apart, which points to a strong, established trend.
A narrowing cloud means the trend is losing steam or a crossover may be coming.
3. Bar colors (short-term momentum)
Green bars mean price (the high-low-close average) is above the short MA, so buyers are in control near term.
Red bars mean price is below the short MA, so sellers are in control.
A shift from red to green bars, or the reverse, is often the first visible sign of a change.
4. Buy/Sell labels (entry signals)
A Buy label prints when MACD crosses above its signal line while MACD is still below zero, and trend strength (the ADX filter) is above 25. In plain terms, momentum is turning up from a dip, and the market is trending rather than going sideways.
A Sell label prints in the mirror case. MACD crosses below its signal line while MACD is above zero, and the same strength filter applies.
The ADX filter cuts many false signals in sideways markets. That’s why labels are fairly rare.
Putting it together
Higher-quality Buy: a Buy label appears, both MA lines are green, and price is above the cloud. This is a pullback entry in an uptrend.
Higher-quality Sell: a Sell label appears, both MA lines are red, and price is below the cloud.
Lower-quality signal: a label that goes against the MA trend, such as a Buy while both lines are red and sloping down. This is often a countertrend bounce, so be more cautious with it.
Things to keep in mind
Everything here is based on averages, so it lags price. Signals confirm a move rather than predict it.
Labels can appear on a bar that hasn’t closed yet and then disappear. Wait for the bar to close before acting.
The defaults (50/100 MAs, ADX 25) suit daily or 4-hour charts best. On short timeframes like 1–5 minutes, try smaller MA lengths. You can change them in the indicator’s settings (the gear icon).
To get notified, right-click the chart, choose “Add alert,” pick Trend Trader as the condition, and select “TT Buy” or “TT Sell.”
Like any indicator, it works best as one input alongside your own read of price action and risk management. Don’t treat it as a standalone buy/sell system.
1. The two moving average lines (trend direction)
The thin line is the short MA (50) and the thick line is the long MA (100).
Each line changes color with its own slope. Green means rising, red means falling, and gray means flat.
If both lines are green, the trend is up. If both are red, the trend is down. If they are mixed, the trend is shifting or choppy.
When the short line is above the long line, that’s a bullish structure. When it’s below, that’s bearish.
2. The gray cloud between the lines (trend strength)
A wide cloud means the two MAs are far apart, which points to a strong, established trend.
A narrowing cloud means the trend is losing steam or a crossover may be coming.
3. Bar colors (short-term momentum)
Green bars mean price (the high-low-close average) is above the short MA, so buyers are in control near term.
Red bars mean price is below the short MA, so sellers are in control.
A shift from red to green bars, or the reverse, is often the first visible sign of a change.
4. Buy/Sell labels (entry signals)
A Buy label prints when MACD crosses above its signal line while MACD is still below zero, and trend strength (the ADX filter) is above 25. In plain terms, momentum is turning up from a dip, and the market is trending rather than going sideways.
A Sell label prints in the mirror case. MACD crosses below its signal line while MACD is above zero, and the same strength filter applies.
The ADX filter cuts many false signals in sideways markets. That’s why labels are fairly rare.
Putting it together
Higher-quality Buy: a Buy label appears, both MA lines are green, and price is above the cloud. This is a pullback entry in an uptrend.
Higher-quality Sell: a Sell label appears, both MA lines are red, and price is below the cloud.
Lower-quality signal: a label that goes against the MA trend, such as a Buy while both lines are red and sloping down. This is often a countertrend bounce, so be more cautious with it.
Things to keep in mind
Everything here is based on averages, so it lags price. Signals confirm a move rather than predict it.
Labels can appear on a bar that hasn’t closed yet and then disappear. Wait for the bar to close before acting.
The defaults (50/100 MAs, ADX 25) suit daily or 4-hour charts best. On short timeframes like 1–5 minutes, try smaller MA lengths. You can change them in the indicator’s settings (the gear icon).
To get notified, right-click the chart, choose “Add alert,” pick Trend Trader as the condition, and select “TT Buy” or “TT Sell.”
Like any indicator, it works best as one input alongside your own read of price action and risk management. Don’t treat it as a standalone buy/sell system.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.