BuySell Trend‴ is a Moving Average oscillator that allows you to have a better understanding and interpretation trend as it goes and then reverses with or without pressure.
If the black line crosses up the red line it will indicate possible up trend. But if both lines cross up the blue line, than you have a strong up trend going on.
What is the best is that you can use it with any kind of graphic that it will always considere the real open, close, high and low trading values.
To have access to this indicator, please contact me at: contato @ moneywise . com . br
Believe me, this indicator will make your life much easier!
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Simplifying the code, but same performance.
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Oscillator code simplified.
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Smoothing the signal line (black)
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Extra layer of smoth for the black signal line.
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Now plotting the price line (light yellow)
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Added a 3rd trend line to identify longer trend, this way we have now: price line (light green), signal line (black), short trend (red), mid trend (blue) and long trend (yellow).
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(trading system figure update)
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Line Title name updates.
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Trading system figure update.
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Simplifying the Indicator. Still needs more work, but for know it does what it needs to do.
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Description ajusted.
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This version was modified from its orginal version and allows you to:
1. see all Trends in progress: - pink = very short term trend - red = short term trend - blue = mid term trend - orange = long term trend 2. crossover/crossunder signs in order to help you see who his going over/under who: - green sign = alert that trends might start to revers - pink sigh = very short term trend reverted - red sigh = short term trend reverted - blue sigh = mid term trend reverted - orange sigh = long term trend reverted 3. the calculation of these MAs where done differently in order to get that fast as possible sign for reversion. I guess you won't find this nowhere else; 4. this indicator used in conjunction with the DMI will provide you potential upward/downward rally opportunities.
Believe me, this indicator will make your life much easier!
To have access to this indicator, please contact DM me.
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Now you can set the thickness for all lines in one shot.