PROTECTED SOURCE SCRIPT
Apollo - Trend Status [ArdiNSC]
█ WHAT IT DOES
Apollo Trend Status tells you the current market trend using Dow Theory — the same methodology professional traders have used for over 100 years.
It answers one simple question: Is this trending up, trending down, or going nowhere?
█ WHY I BUILT THIS
Most retail traders lose because they fight the trend. They long downtrends hoping for a bounce. They short uptrends trying to call the top.
I built this to make trend direction obvious — especially for newer traders still learning to read charts.
It won't tell you when to buy or sell. It just tells you what the chart is doing RIGHT NOW.
█ HOW IT WORKS
The indicator detects swing highs and swing lows, then evaluates the structure:
- Higher Highs + Higher Lows = UPTREND
- Lower Highs + Lower Lows = DOWNTREND
- Mixed structure = NO CLEAR TREND
That's it. No secret sauce. Just objective structure analysis.
█ THE INVALIDATION LINE
In an uptrend, the indicator marks the last swing low — if price closes below it, the trend is broken.
In a downtrend, it marks the last swing high — if price closes above it, the trend is broken.
This gives you a clear line in the sand so you always know where you're wrong.
█ SETTINGS
- Swing Detection Sensitivity — Lower = more swings detected, Higher = smoother
- Show Swing Levels — The swing high/low the indicator is tracking
- Show Trend Invalidation Level — Where the trend breaks
- Show 20 EMA — Optional momentum filter
- Color Candles/Background — Optional visuals (off by default)
█ ABOUT
Part of the Apollo Trading toolkit. Follow @ArdiNSC on Twitter for more.
Apollo Trend Status tells you the current market trend using Dow Theory — the same methodology professional traders have used for over 100 years.
It answers one simple question: Is this trending up, trending down, or going nowhere?
█ WHY I BUILT THIS
Most retail traders lose because they fight the trend. They long downtrends hoping for a bounce. They short uptrends trying to call the top.
I built this to make trend direction obvious — especially for newer traders still learning to read charts.
It won't tell you when to buy or sell. It just tells you what the chart is doing RIGHT NOW.
█ HOW IT WORKS
The indicator detects swing highs and swing lows, then evaluates the structure:
- Higher Highs + Higher Lows = UPTREND
- Lower Highs + Lower Lows = DOWNTREND
- Mixed structure = NO CLEAR TREND
That's it. No secret sauce. Just objective structure analysis.
█ THE INVALIDATION LINE
In an uptrend, the indicator marks the last swing low — if price closes below it, the trend is broken.
In a downtrend, it marks the last swing high — if price closes above it, the trend is broken.
This gives you a clear line in the sand so you always know where you're wrong.
█ SETTINGS
- Swing Detection Sensitivity — Lower = more swings detected, Higher = smoother
- Show Swing Levels — The swing high/low the indicator is tracking
- Show Trend Invalidation Level — Where the trend breaks
- Show 20 EMA — Optional momentum filter
- Color Candles/Background — Optional visuals (off by default)
█ ABOUT
Part of the Apollo Trading toolkit. Follow @ArdiNSC on Twitter for more.
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免責事項
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保護スクリプト
このスクリプトのソースコードは非公開で投稿されています。 ただし、制限なく自由に使用できます – 詳細はこちらでご確認ください。
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。