TrendX+
1. TrendX+ can be used on equities, futures, forex and crypto and also on different time frame (daily, weekly and hourly) as well, we advise only look for hourly chart or longer time frame.
2. Consists of trend candle, supporting line and trendline.
3. TrendX+ is easy to use and interpret the current trend.
4. Trend candle :-
5. Trend line :-
6. Trend candle crossing trend line :-
7. Six (6) alert conditions are set to notify when desired condition is triggered, i.e.
(1)TrendX+ turn GREEN
(2)TrendX+ turn RED
(3)TrendX+ cross-up Trend line
(4)TrendX+ cross-down Trend line
(5)Trend line turn GREEN
(6)Trend line turn RED
8. Background color indicates the color of trend candles for your convenience.
9. TrendX+ cannot be solely used for the purpose of trading decision, work best together with indicator DeviationDivergence+(DDX+), BBD+ and MCDX+.
2. Consists of trend candle, supporting line and trendline.
3. TrendX+ is easy to use and interpret the current trend.
4. Trend candle :-
- GREEN trend candle = Short-term uptrend/buy
- RED trend candle = Short-term downtrend/sell
5. Trend line :-
- GREEN trend line going upward = Mid-term uptrend
- RED trend line going downward = Mid-term downtrend
6. Trend candle crossing trend line :-
- Trend candle cross-up trend line = Mid-term buy point, trend line is supporting
- Trend candle cross-down trend line = Mid-term sell point, trend line is resistance
7. Six (6) alert conditions are set to notify when desired condition is triggered, i.e.
(1)TrendX+ turn GREEN
(2)TrendX+ turn RED
(3)TrendX+ cross-up Trend line
(4)TrendX+ cross-down Trend line
(5)Trend line turn GREEN
(6)Trend line turn RED
8. Background color indicates the color of trend candles for your convenience.
9. TrendX+ cannot be solely used for the purpose of trading decision, work best together with indicator DeviationDivergence+(DDX+), BBD+ and MCDX+.