Sage Trend by RichPole
- Göstergeler
- Sürüm: 2.2
Sage Trend tells you what kind of market you are in: up trend, down trend, or no trend. It combines an ATR trend line for direction with ADX for strength, colours both only when they agree, and prints one-word notes on the price chart. A small map shows the same reading on higher timeframes.
HOW IT WORKS
- Direction: an ATR trend line on the price chart (default 4 x ATR 10). It sits under price in an up move and above price in a down move, and it flips only when a candle closes through it.
- Strength: ADX (J. Welles Wilder) measures how strong the move is, not its direction. It is shown as columns in the indicator window, with level lines at 25 and 40.
- A trend counts when ADX is at least 25 and rising, and the line has been on its new side for at least 2 closed candles. It stops counting when ADX falls below 20 or when the line flips.
- Colours: green = up trend with strength, red = down trend with strength, grey = a direction without enough strength (no trend).
- Notes: Uptrend / Downtrend print once per trend leg. A flip guard blocks an opposite note within 20 candles of the last one, so quick whipsaws do not stack notes. Fading prints once per leg after the trend has built strength (ADX reached 35 and rose at least 5 points after the note) and then dropped 8 points from its peak. An optional No trend note marks when strength falls below 20.
- Trend map: the same logic on three timeframes (default M15, H1, H4) plus the chart, with the ADX value and whether it is rising or falling. Values come from the last closed candle of each timeframe.
HOW TO USE IT
Use it to choose a playbook, not as a buy or sell signal:
- Uptrend / Downtrend: follow the trend, look for pullbacks toward the line, avoid fighting the move.
- Grey (no trend): range rules, trade the edges of the range back toward the middle.
- Fading: the trend is losing power. Stop adding, tighten risk, wait for the next note. Fading does not mean reverse.
- Trend map: when the timeframes agree, conditions are clearer; when they disagree, trade smaller or wait.
SETTINGS
Line distance and ATR length, ADX length, start / end / strong levels, minimum candles on the new side, flip guard, Fading rules, which notes to show, note history, font size, trend line and its history, line width, pane levels, column width, bars to calculate, trend map position and timeframes, colours.
Alerts on closed candles (popup, sound, push): uptrend, downtrend, fading, no trend, trend line flip.
LIMITATIONS
- Direction and strength describe the present, not the future. In our own test on gold and EURUSD, price went 1 ATR in the noted direction first about 48-50% of the time, so use it to choose rules, not to predict.
- ADX and the trend line are smoothed and confirmed on closed candles, so notes come after a move has started, and a note can still appear near the end of a move.
- Educational tool. It does not place trades and is not financial advice.
