Trend Bars Pro
Introduction
The innovative Trend Bars Pro are designed to analyze markets in an intuitive way, by replacing the default candlesticks or chart bars. They show bullish and bearish trends based on color coding the bars and give high probability trade opportunities with special colors.
How To Setup Trend Bars Pro
Add Trend Bars Pro onto your chart and ensure the default TradingView candles are hidden. To achieve this, access "Chart Settings" (1) and disable "Body," "Borders," and "Wick" in the "Candles" section (2).
📄️ Bar Types
The Trend Bars Pro incorporate Signal Bars, distinguished by their distinct colors, to offer potential buy and sell signals. These Signal Bars play a crucial role when used in conjunction with other TRN tools like the Swing Suite, SMT/Divergence Suite, or our chart patterns. By leveraging the power of these combined tools, traders can enhance their trading decisions and gain deeper insights into market dynamics.
📄️ Bar Ranges
A price range in trading refers to the range of prices at which a particular asset or security is traded over a given period of time. It represents the high and low prices of the asset during that period, and is often used as a measure of volatility.
📄️ Dynamic Trend
The Dynamic Trend is based on the ADXVMA (Average Directional Index Volatility Moving Average). It's a technical indicator that combines elements from the Average Directional Index (ADX) and volatility to produce a moving average line that adapts to changing market volatility. This adaptive behavior can provide more relevant information for traders when compared to traditional moving averages which don't consider volatility.
📄️ Usage Guide
Reversals And Continuations
📄️ Alerts
Description coming soon.