TrendPakdo - Trend Detection Indicator
Description: TrendPakdo is a trend detection indicator designed to highlight the prevailing market direction with ease. The indicator uses dynamic line and background color changes to provide clear signals for trend strength:
Bullish Trend: Blue background with green line, indicating upward momentum.
Bearish Trend: Orange background with red line, indicating downward momentum.
Neutral Market: White background with gray line, indicating a sideways or consolidating market.
How to Use:
Green Line & Blue Background: Enter long positions in a bullish market.
Red Line & Orange Background: Enter short positions in a bearish market.
Gray Line & White Background: Wait for a clearer trend in a neutral market.
TrendPakdo helps traders quickly identify market trends and make informed trading decisions for scalping, intraday, and swing trading.