PROTECTED SOURCE SCRIPT
Mis à jour Trend Structure Shift By BCB Elevate
The Trend Structure Shift Indicator is designed to identify market trend direction based on structural shifts in price action. By analyzing Higher Highs (HH) and Lower Lows (LL), this indicator determines whether the market is in a bullish or bearish phase and displays the trend in a table for easy reference.
This indicator is ideal for traders looking to confirm trend direction before entering trades. It helps in identifying trend reversals and market structure shifts, making it a valuable tool for both short-term and long-term traders.
How It Works:
Detects higher highs and lower lows over a user-defined period.
Compares the current structure to previous price action.
Determines whether the market is bullish, bearish, or neutral.
Displays the current trend status in a color-coded table (Green for Bullish, Red for Bearish, Gray for Neutral).
Use Case:
✅ Trend Confirmation – Use the indicator to confirm if the market is in an uptrend or downtrend before entering a trade.
✅ Market Reversals – Spot early signs of trend shifts when the market starts forming new higher highs or lower lows.
✅ Swing & Intraday Trading – Works on multiple timeframes to assist both short-term and long-term traders.
✅ Risk Management – Avoid trading against the trend by checking the current market structure.
This indicator works best when combined with other technical tools such as support & resistance, moving averages, and volume analysis for a complete trading strategy.
🚀 Developed by BCB Elevate – Elevate Your Trading! 🚀
This indicator is ideal for traders looking to confirm trend direction before entering trades. It helps in identifying trend reversals and market structure shifts, making it a valuable tool for both short-term and long-term traders.
How It Works:
Detects higher highs and lower lows over a user-defined period.
Compares the current structure to previous price action.
Determines whether the market is bullish, bearish, or neutral.
Displays the current trend status in a color-coded table (Green for Bullish, Red for Bearish, Gray for Neutral).
Use Case:
✅ Trend Confirmation – Use the indicator to confirm if the market is in an uptrend or downtrend before entering a trade.
✅ Market Reversals – Spot early signs of trend shifts when the market starts forming new higher highs or lower lows.
✅ Swing & Intraday Trading – Works on multiple timeframes to assist both short-term and long-term traders.
✅ Risk Management – Avoid trading against the trend by checking the current market structure.
This indicator works best when combined with other technical tools such as support & resistance, moving averages, and volume analysis for a complete trading strategy.
🚀 Developed by BCB Elevate – Elevate Your Trading! 🚀
Notes de version
Added an option in the settings to adjust the table position on all sides.Notes de version
Added Multi Timeframe ConfirmationNotes de version
minor changesScript protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.