Trend Jinni - Your trading time friend that helps you take right decisions
Trend Jinni indicator can be used for scalping, day trade, swing trades, short term or for investment analysis of equities, indices, currencies, and commodities. It provides easy to visualize multiple pieces of critical information: 1) Finds opportunity with major trade change information 2) Fake moves / Fake / False or fading trends 2) Support/resistance level 4) When not to be in the trade 5) Stop loss information
Why Trend Jinni? It analyzes information and presents it much before other lagging indicators and adapts to the changes in securities
How to read Trend Jinni? Jinni line color: Red = Sell side trade Green = Buy side trade Black = No trade zone
Best entry point is the one which is closest to the Jinni price line. Trade is recommended to be closed when price is below Jinni line (in case of buy side trade) or it is above Jinni line (in case of sell side trade)
What time frame should I use? 1 min = Very aggressive traders / Scalpers 5 min = Aggressive day traders 15 min = Patient day traders 60 min = Swing traders/Short term traders 1 day = Long term traders/Short term traders
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Build 109 with minor update
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Added version information
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New version Build 1.1 with additional features of targets.
Targets are indicative and must be be followed with Technical Analysis. Targets move with Jinni Line.
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Minor update to remove bars error
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v1.2 Release Notes: Added option to show/hide possible targets and textual information Option to change colors of markings on screen