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Sash Trending Suite NEW

Why
The "Sash Trending Suite" (STS) indicator simplifies trading by highlighting market trends and potential reversals. In a world of complex charts and overwhelming data, STS helps traders quickly understand market direction and make informed decisions.
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How and What
STS combines key technical tools into one easy-to-read indicator, directly showing important signals on the chart:
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Summary
The "Sash Trending Suite" provides:
By focusing on essential signals and displaying them clearly, STS helps traders navigate the market with confidence and simplicity.
The "Sash Trending Suite" (STS) indicator simplifies trading by highlighting market trends and potential reversals. In a world of complex charts and overwhelming data, STS helps traders quickly understand market direction and make informed decisions.
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How and What
STS combines key technical tools into one easy-to-read indicator, directly showing important signals on the chart:
- Macro Trend DetectionHow: Uses two EMAs (fast and slow) and the ADX to identify strong bullish or bearish trends.
What to Look For:
Bar Colors:
Green Bars: Indicate a strong upward (bullish) trend.
Red Bars: Indicate a strong downward (bearish) trend.
Benefit: Quickly see the overall market direction.
- Alpha Track LineHow: An adaptive EMA that acts as a dynamic support or resistance line.
What to Look For:
Line Colors:
Green Line: Price is above the line (bullish momentum).
Red Line: Price is below the line (bearish momentum).
Benefit: Visualize momentum shifts easily.
- Reversal SignalsHow: Combines RSI with price action to spot potential market reversals.
What to Look For:
"R" Labels:
Turquoise "R" Below Bar: Potential bullish reversal.
Amber "R" Above Bar: Potential bearish reversal.
Benefit: Identify possible turning points for entry or exit.
- Micro Trend DetectionHow: Uses shorter EMAs to catch minor trend changes.
What to Look For:
Small Circles:
Green Circle Below Bar: Micro bullish signal.
Red Circle Above Bar: Micro bearish signal.
Benefit: Spot short-term trend shifts promptly.
- Alerts
- How: Built-in alerts notify you of key events.
- What to Expect:
- Trend Changes: Alerts when a new bullish or bearish trend starts.
- Reversals: Alerts for potential bullish or bearish reversals.
- Benefit: Stay updated without constantly watching the chart.
- Trend Changes: Alerts when a new bullish or bearish trend starts.
- How: Built-in alerts notify you of key events.
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Summary
The "Sash Trending Suite" provides:
- Simplified Analysis: One indicator shows trend direction, momentum, reversals, and micro trends.
- Clear Visuals: Color-coded bars and symbols make interpretation easy.
- Timely Alerts: Know about important market changes instantly.
By focusing on essential signals and displaying them clearly, STS helps traders navigate the market with confidence and simplicity.
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。