Bar Types
TRN Trend Bars Pro displays bullish and bearish trends, reversals, and high-probability trade opportunities using a specialized color-coded system. These signals are generated by an advanced algorithm based on multiple factors. These bars include:
- Trend Bars: Green and red
- Signal Bars:
- Reversal Bars: Blue and fuchsia
- Continuation Bars: Turquoise and orange
- Breakout Bars: Dark green and pink
Trend Bars
- Green Bars: Indicate a sustained uptrend, signaling bullish sentiment.
- Red Bars: Indicate a persistent downtrend, signaling bearish sentiment.
- Gray and Black Bars: Reflect a neutral market, often preceding a color change.
Signal Bars
The TRN Trend Bars Pro incorporates signal bars, distinguished by their unique colors, to offer potential buy and sell signals.
Reversal Bars
- Blue Reversal Bars: Indicate a trend reversal to the upside.
- Pink Reversal Bars: Indicate a trend reversal to the downside.
These bars serve as signals for potential trend shifts and offer opportunities to enter or increase position sizes.
Continuation Bars
- Turquoise Bars: Signal bullish trend continuation.
- Orange Bars: Signal bearish trend continuation.
These bars act as signals for trend continuation and can be used as entry points or for augmenting position sizes.
Breakout Bars
- Dark Green Breakout Bars: Highlight powerful bullish breakouts from price ranges.
- Light Pink Breakout Bars: Highlight powerful bearish breakouts from price ranges.
These bars confirm trend persistence or signal potential reversals following consolidation phases.