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ViewTrend

FREE

Published: 20 May 2025

Current version: 1.0

ViewTrend

Name: ViewTrend
Rating: 5 (2 reviews)
Author: Guilherme Emiliao Ferreira

Indicators
Guilherme Emiliao Ferreira
Guilherme Emiliao Ferreira
Brazil

1270
5 (6)
4 products
Version: 1.0

🔥 ViewTrend

The ViewTrend indicator provides a visual interpretation of market conditions by coloring the candles and the moving average line based on defined technical criteria.

➡️ How does it work?

The agorithm analyzes the relationship between the current closing price, the previous closing price, and the behavior of a simple moving average (SMA). Based on this analysis, the indicator colors the candles and the moving average line according to the technical scenario observed:

Blue — Suggestion: Consider Buy-Only Scenarios

When the moving average is rising, and the current closing price is above the average, the indicator colors the moving average and candles in blue, suggesting a favorable condition for buy (long) trades.

Note: This may indicate an uptrend, but the user should always confirm with their own analysis and risk management.

Red — Suggestion: Consider Sell-Only Scenarios

When the moving average is falling, and the current closing price is below the average, the indicator turns red, suggesting a potential moment to consider sell (short) trades.

Note: This may signal a downtrend, but the user should always validate it with their own strategy and risk controls.

Gray or Light Gray — Suggestion: Wait

When there's no clear alignment between the price behavior and the moving average direction, the indicator shows a neutral color (gray or light gray). This signals a moment of possible indecision, suggesting that the user waits for a clearer condition before entering the market.

💥 Special Offer

Lifetime license for free!

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2840

Findolin 2025.05.27 11:50 #

Yes very good construction. And for free! Thank you very much!

celso.cwb 2025.05.26 14:04 #

Excelente ferramenta para visualizar a tendência do momento e na tomada de decisão. Parabéns Guilherme pela dedicação e apoio a todos nós. Suporte sempre impecável!!

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2840

Findolin 2025.05.27 11:50 #

Yes very good construction. And for free! Thank you very much!

1270

Reply from developer Guilherme Emiliao Ferreira 2025.05.27 18:43 #

Glad you liked it! It's a pleasure to share — feel free to reach out anytime.

celso.cwb 2025.05.26 14:04 #

Excelente ferramenta para visualizar a tendência do momento e na tomada de decisão. Parabéns Guilherme pela dedicação e apoio a todos nós. Suporte sempre impecável!!

1270

Reply from developer Guilherme Emiliao Ferreira 2025.05.27 18:39 #

Obrigado, Celso! Vamos em frente, fortalecendo cada vez mais a comunidade!