This indicator shows multiple upper timeframe’s moving average perfect order from Daily/4H/1H and current timeframe’s perfect order with signals and alerts.
Purpose: It is intended to help users identify trends’ strength by visualizing multiple layer’s trends with colors.
What is Perfect Order? Perfect order is a state in which multiple MA(s) are in ascending order from short term MA to long term MA in upward trend and in descending order from long term MA to short term MA.
If these MA are in ascending order from 5MA to 50M in uptrend, this is ascending perfect order. Likewise if 3MAs get in descending order from 50MA to 5MA in downtrend, this is descending perfect order.
What does Perfect Order mean in trading? Perfect order means that markets move with strong trend and good opportunities for trend following. When perfect orders occur in upper timeframes, it implies that trends(in lower timeframes) are likely to be stronger and longer.
Features: ●You can set 3 MA on this indicator, however, you have to set periods of MA according to the label of each MA: short term, mid term and long term or the indicators cannot judge perfect order. ●MA type can be selected from SMA/EMA/SMMA(aka RMA/MMA)/WMA/VWMA ●This indicator detects daily/4H/1H timeframe’s perfect orders(as MTF PO) and current timeframe’s perfect order and display signals. ●Perfect order signals are controlled depending on timeframes you are opening so that lower timeframe information does not disturb on upper timeframe charts.
Example: Daily PO signal: Shown on 4H, 1H, 30M, 15M, 5M 4H PO signal: Shown on 1H, 30M, 15M, 5M 1H PO signal: Shown on 30M, 15M, 5M Current timeframe PO signal: Timeframes that you are currently opening
●Color background when MTF PO occurs and current timeframe PO Example: Daily PO occurs: Color background on 4H, 1H, 30M, 15M, 5M 4H PO occurs: Color background on 1H, 30M, 15M, 5M 1H PO occurs: Color background on 30M, 15M, 5M Current timeframe PO occurs: Color background on timeframes that you are currently opening
●Alert can be set when PO occurs on current timeframe(i.e. you can set up alert on any timeframe)
Sample chart 1. Upper timeframes’ PO signals
AUDJPY 1H
Green label: Daily perfect order Green diamond: 4H perfect order Green triangle: current timeframe(1H) perfect order
2. Background color when PO occurs
NZDJPY 1H
Gray area: Daily perfect order Light blue area: 4H perfect order Deep blue area: Daily and 4H PO overlap => strongest trend!
As shown above, trends are visualized with colors so as to easily identify trend strength.
How to use this indicator? This indicator is paid indicator and invited-only indicator.
Please contact me via private chat or follow links in my signature so that I can grant the access right.
The comment section is only for comments on the indicator or updates. Please refrain from contacting me using comments in order to follow TradingView house rules.
1. Separate background color by ascending perfect order and descending perfect order(PO) You can now colorize background with different color depending on trend directions. This will help users identify trend direction and strength more efficiently.
Sample chart
2. Implemented strategic signals Strategic signals are more appropriate to identify trading opportunities. Signals are displayed when market shows strong buying/selling pressure during perfect orders.
Users can select signal sensitivity as well from fast and moderate. Fast parameters detects signals based on short MA and moderate parameter does based on middle MA.
Major update: 4 new functions have been implemented.
1. Weekly and monthly perfect order visualization Now you can display weekly and monthly perfect order as upper timeframes' trends. This will help traders, who prefer longer term swing trading especially for daily/weekly timeframe- based swing trading, identify opportunities for bigger wave of trends.
Visualization of different timeframe's trends
As you can see in the above chart, the period indicated by the magenta arrow is extremely bullish as 3 timeframes' trends overlap(daily, weekly and monthly perfect orders occur simultaneously.)
2.Candle coloring This is the highlight of the major update this time and will be powerful tool for users with its uniqueness.
With this option activated, the indicator colorizes candlesticks based on the situations of chart timeframe and upper timeframe so that you can visually understand the strength of the trend in the market. It also helps traders make decisions when to take trades and close positions.
How to use? The meaning of colors are as follows.
Lime: Lime color means bullish movement in bullish trend supported by upper timeframe ascending perfect order which you can aim long positions.
Purple: Purple candlesticks are dips in bullish trend and pullback in bearish trend, hence traders can consider to hold positions towards the trends, expecting the trends resume soon.
Magenta: Magenta means bearish movement in bearish trend supported by upper timeframe descending perfect order which you can aim short positions.
No colors(i.e.your color setting for candlestick on TradingView) When candlesticks colors are not changed by the indicator, that means trends are not supported by upper timeframes' trends. Even if trends occur on chart timeframes, those trends are not as significant as those with colorized candlesticks.
For example, White and gray candlesticks in the chart above are default candle colors set on TradingView, not colorized by the indicator.
3. Perfect order dashboard The dashboard displays the status of perfect order of each timeframe. With this new feature you can monitor 6 timeframes' trends on a single chart, which are;
PO cloud is an upper timeframe perfect order displayed as clouds which function to support a lower timeframe trend. The color of the PO cloud indicates the upper timeframe's trend direction;
Green: Upper timeframe is ascending perfect order Red: Upper timeframe is descending perfect order Gray: None of above
PO cloud consists of two layers; layer1 and 2 which can be used to make decisions on whether traders hold positions or not.
For example, traders hold a position as long as a price stays above the cloud and once the price breaks the layer1, then close the position.
″This indicator is a paid and invited-only indicator.
To get the access right, please sign up the link below.
https://shorturl.at/flmA6
当インジケーターは招待専用(有料)インジケーターです。
使用を希望される方は以下のリンクから手続きをお願いします。
https://shorturl.at/flmA6