TradingView Smart Trend Filters

$139.00

Smart Trend Filters are a custom price & volume based indicator that measure the trend of any stock or ETF. They come equipped with a unique color coded display based on underlying trend strength.

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Description

Smart Trend Filters are the Trade Risk’s preferred indicator for analyzing a stock’s trend using price and volume. They are highly adaptive to recent price action and the real magic comes from the color-coded display to signal trend strength.

How it works

Smart Trend Filters look and feel like traditional moving averages, however, there are numerous improvements that make them much more intelligent and useful than their simple average counterpart.

  • Volume is used in their calculation
  • Dots are plotted to measure separation and angle from bar to bar
  • There is a color coding display to help the trader assess the strength and possible transition points


Please note: we demonstrate the indicator using TC2000 in the video above but this product is for the TradingView platform.

How to use this indicator

There are many ways to apply Smart Trend Filters, some of which include:

  • A better way to trend follow markets
  • Context and direction when discretionary trading
  • Easily know when the trend is strongest
  • Easily know when the trend is likely to pause and then continue
  • Easily know when the trend is likely to pause and then reverse
  • For signaling and strategy purposes

Features

  • You can adjust parameters for longer/shorter look-back periods to fine-tune your trend analysis
  • You can display Smart Trend Filters as an optional background color
  • Designed specifically for daily and weekly time-frame charts
  • Coded to work seamlessly for all time-frames

Requirements

  • There must be a volume component to the stock/asset you are charting for this indicator to display

Add to cart

Please note: all sales are final. This is an instant digital download and you will receive the source code immediately upon purchase. We encourage you to contact us prior to check out if you have any questions or if you would like to see more indicator examples. Thank you for your understanding!

Additional information

Platform

TradingView

Product Type

Bearish, Bullish