*2.2 Aggregate Signal Indicator (trial)

14 thg 10

How to Use the Indicator:
Trend Detection:

The aggregate trend score will plot above 0 for bullish conditions and below 0 for bearish conditions.
When the trend score is green, it indicates a positive (bullish) trend, while red indicates a negative (bearish) trend.
Visual Representation:

The blue line represents the aggregate trend score, while the grey line at 0 shows the neutral point.
The area between the trend score and the 0-line is filled with green (bullish) or red (bearish) based on the score's direction.
Confirming Trends:

Look for consistency in the trend score remaining above or below 0 to confirm a lasting trend.
Use this indicator alongside other trading strategies to filter out false signals and gain confirmation of market direction.
Customizable Inputs:

The indicator allows you to customize the settings for each individual indicator (e.g., lengths for EMA, ADX, RSI, MACD, etc.) to fine-tune the system to your preference or specific market conditions.