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Wizard Trend Supports
The "Trend Supports" indicator is designed to help you visually track market trends based on smoothed price data. Here's a guide on how to use this indicator effectively:
1. Understanding the Step Line and Diamonds
Green Step Line with Diamonds: When the indicator shows a green step line with diamonds, it suggests an uptrend in the market.
Red Step Line with Diamonds: When you see a red step line with diamonds, it indicates a downtrend.
2. Trend Interpretation
The indicator uses a smoothing algorithm to filter out market noise and show a clearer trend direction.
You can interpret the trend direction based on the color of the step line:
Green Line (Uptrend): This is a signal to consider buying opportunities or holding long positions if other conditions align with your strategy.
Red Line (Downtrend): This suggests a downtrend, where you might look for selling opportunities or avoid buying.
3. Adjusting Settings for Customization
"Disclaimer: This indicator is intended for educational purposes only and does not constitute financial advice. Trading involves significant risk, and users should perform their own research and consult with a licensed financial advisor before making any trading decisions."
1. Understanding the Step Line and Diamonds
Green Step Line with Diamonds: When the indicator shows a green step line with diamonds, it suggests an uptrend in the market.
Red Step Line with Diamonds: When you see a red step line with diamonds, it indicates a downtrend.
2. Trend Interpretation
The indicator uses a smoothing algorithm to filter out market noise and show a clearer trend direction.
You can interpret the trend direction based on the color of the step line:
Green Line (Uptrend): This is a signal to consider buying opportunities or holding long positions if other conditions align with your strategy.
Red Line (Downtrend): This suggests a downtrend, where you might look for selling opportunities or avoid buying.
3. Adjusting Settings for Customization
"Disclaimer: This indicator is intended for educational purposes only and does not constitute financial advice. Trading involves significant risk, and users should perform their own research and consult with a licensed financial advisor before making any trading decisions."
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只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系WIZARDTRENDS。
请注意，此私密、仅限邀请脚本未经脚本版主审核，是否符合网站规则尚未确定。 TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
FEEL TO REACH US
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系WIZARDTRENDS。
请注意，此私密、仅限邀请脚本未经脚本版主审核，是否符合网站规则尚未确定。 TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
FEEL TO REACH US
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。