INVITE-ONLY SCRIPT

trend analyzer v1

18
Use this indicator as a simple visual assistant to spot trend direction and possible entry moments:

Add the indicator to your chart

Choose the timeframe you normally trade (for example 5m, 15m, 1H).

Apply the indicator; default settings are already optimized.

Read the lines

The green line reflects bullish (upward) pressure.

The red line reflects bearish (downward) pressure.

When green is clearly higher than red, the market is tending upward; when red is higher, it is tending downward.

Use the BUY / SELL labels

BUY label below a candle marks a moment when the candle structure favors an upward move.

SELL label above a candle marks a moment when the structure favors a downward move.

Treat these as potential entries or exits, and confirm with your own system (support/resistance, higher timeframe, etc.).

Check the summary table

Located at the top‑right of the chart.

Shows the current uptrend percentage, downtrend percentage, and a simple status: BUY, SELL, or NEUTRAL.

Use it as a quick “dashboard” to see whether the current candle environment supports long, short, or staying out.

Adjust only what you need

If the chart feels too crowded, turn Show Labels off to keep only the lines and table.

If you prefer a cleaner chart, you can hide the table and only use the labels and lines.

Practical use: keep your main strategy as the decision maker, and use this indicator to confirm whether the current bar structure is aligned with taking a long, taking a short, or waiting.

Thông báo miễn trừ trách nhiệm

Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.