PROTECTED SOURCE SCRIPT
FMT_TRENDFOLLOWiNG

This indicator is developed based on the Average Directional Index (ADX), which is used to measure the strength of a trend, regardless of price direction. It has been custom-modified and optimized specifically for the FCPO market, with the following usage structure:
• 30-Minute Timeframe (HTF)
Used to identify the major market movement.
When the ADX value is above 25, it indicates that the market is entering a strong trending phase.
• 5-Minute Timeframe (LTF)
Acts as a confirmation for trend change or continuation, indicated by color changes (Green/Red) and the appearance of a Reconnect Dot when momentum becomes active again.
• 1-Minute Timeframe
Used for Buy or Sell entries at the nearest trading zones, aligned with the trend direction and strength from higher timeframes.
This indicator is suitable for Day Trading and Momentum Trading strategies, especially for FCPO traders who focus on market structure and momentum confirmation.
⚠️ DISCLAIMER: This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or a trading recommendation. All signals are derived from technical calculations and may produce false signals depending on market conditions. Users are fully responsible for their trading decisions, including risk management and position sizing. Past performance does not guarantee future results, and users are encouraged to conduct paper trading or backtesting before using it in live trading.
• 30-Minute Timeframe (HTF)
Used to identify the major market movement.
When the ADX value is above 25, it indicates that the market is entering a strong trending phase.
• 5-Minute Timeframe (LTF)
Acts as a confirmation for trend change or continuation, indicated by color changes (Green/Red) and the appearance of a Reconnect Dot when momentum becomes active again.
• 1-Minute Timeframe
Used for Buy or Sell entries at the nearest trading zones, aligned with the trend direction and strength from higher timeframes.
This indicator is suitable for Day Trading and Momentum Trading strategies, especially for FCPO traders who focus on market structure and momentum confirmation.
⚠️ DISCLAIMER: This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or a trading recommendation. All signals are derived from technical calculations and may produce false signals depending on market conditions. Users are fully responsible for their trading decisions, including risk management and position sizing. Past performance does not guarantee future results, and users are encouraged to conduct paper trading or backtesting before using it in live trading.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.