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Omega Trend Indicator

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Identifying market trends is crucial for success in trading and investing. A trend is the general direction—upward (bullish), downward (bearish), or sideways (flat)—that the price of an asset or the overall market takes over a period of time.

The Omega Trend Indicator is a very simple (Keep it simple!) instrument to help you avoid longing in bearish trends and shorting in bullish trends - and to identify potential ranging markets.

The System is simple and easy to understand, it consists of a fast and slow EMA that is used in institutional trading.

Rules:

Pick your Anchor Timeframes, for example DAILY.

When Price is above RED = look for longs.
When Price is below RED = look for shorts.

The slower EMA GREEN provides additional HTF trend confirmation. Big trends happen when the EMAs stack, that means:

Big bullish moves = Price > RED > GREEN
Big bearish moves = Price < RED < GREEN

The area between RED and GREEN can be considered as a potentially RANGING market. In such a case, Lower Timeframes provice opportunities within that range. Apply the same rules (look for Timeframes with correctly stacked EMAs).

Good luck.
Informacje o Wersji
Identifying market trends is crucial for success in trading and investing. A trend is the general direction—upward (bullish), downward (bearish), or sideways (flat)—that the price of an asset or the overall market takes over a period of time.

The Omega Trend Indicator is a very simple (Keep it simple!) instrument to help you avoid longing in bearish trends and shorting in bullish trends - and to identify potential ranging markets.

The System is simple and easy to understand, it consists of a fast and slow EMA that is used in institutional trading.

Rules:

Pick your Anchor Timeframes, for example DAILY.

When Price is above RED = look for longs.
When Price is below RED = look for shorts.

The slower EMA GREEN provides additional HTF trend confirmation. Big trends happen when the EMAs stack, that means:

Big bullish moves = Price > RED > GREEN
Big bearish moves = Price < RED < GREEN

The area between RED and GREEN can be considered as a potentially RANGING market. In such a case, Lower Timeframes provice opportunities within that range. Apply the same rules (look for Timeframes with correctly stacked EMAs).

Good luck.

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