The Trend expert is a calculation of SMA and MA for a special trend formula to estimate the momentum of the daily Trend.
Basically, it is how it read:
1. Red candle is shorterm uptrend. 2. Green candle is a short-term downtrend. 3. The height of the candle is momentum price bet stronger or weaker. 4. Maroon color line is the EMA 20 days. The trend above EMA20 is stronger.
Note di rilascio
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1. Update Version 5. 2. Add Bull - Bear of the trend line color. 3. Enhance the momentum height of price.
I heard one Charting software called HOMILY also got this indicator " Trend Expert " . Is it same ?
vaishnavi02
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Its grt indicator can u add buy sell alert for this.
mresearch
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Hi Jacky, thanks for the sharing of this wonderful indicator. Is it possible to add rainbow lines to the major trendline to help detect the small changes of trend? Thanks a lot!
Davidt23
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Hi.. is a great indicator!!!! 👍👍👍
Thank you
jackytek99
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I have upload another Trend Expert V2, for additional feature, but no source code sharing.
VJind
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@jackytek99, Hey, I could find the V2, can you pls share the link...thanks!
laothai123
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@VJind, hey, where did you find the V2 in tradingview? what is the name on tradingview please
VJind
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@laothai123, I meant to say could not and never received a response :-( from the creator too!!!