INVITE-ONLY SCRIPT

PT Trend Bars

By patterntraders
Version 1.0 of our Trend Bars Indicator offers a visual of the current trend. The purpose of it is to help you avoid counter trading the trend. It will not identify the exact top or bottom, but it will help you identify overall in which direction the market wants to head. High time frame trend bar candles will allow you to ride the wave for multiple weeks.

White candles indicate bullish trend
Black candles indicate bearish trend

Strategy:
Daily is our favorite time frame to use when trying to identify the overall macro trend of the asset. Once we cross bull with three consecutive white candles, we can assume we are bullish until the candles flip bear again (black). On lower time frame, if the candles flip color but the price is going against trend, you can assume we are going for a retest.

This Oscillator is best used with the PT Buy Sell indicators we provide. It offers extra confluence for a stop loss & for a target for swing setups. It is included as part of the library. Just message us for access!
Bearish PatternsbitcoinindicatorbottomindicatorBTCBullish PatternsbuysignalCentered OscillatorsOscillatorssellsignaltopindicatorTrend Analysis
patterntraders
Join our telegram & discord for updates on our indicators & setups

✔ Website: whop.com/patterntraders

✔ Telegram: t.co/svvfkV3H7I?amp=1

✔ Discord: discord.gg/bqvYxc3

✔ Twitter: twitter.com/onlypatterns

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact patterntraders for more information, or follow the author's instructions below.

Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

Want to use this script on a chart?

Warning: please read before requesting access.

Disclaimer