EZ Trend - Trend Line
EZ Trend Main Features 🔸The EZ Trend Line The EZ Trend line is the core component of the indicator, providing a clear visual representation of the current market direction.
⚙️ EZ Trend⋀⋁ Settings & Usage
🔧 Settings
🔸 Show EZ Trend: Toggle to enable/disable the trend line Speed: Choose between Fast and Slow modes
🔸 Fast: More responsive, suitable for shorter timeframes 🔸 Slow: Less noise, better for longer timeframes 🔸 Colors: Customize colors for uptrend, downtrend, and sideways movement
📈 How to Interpret
Green Line: Indicates an uptrend – price is likely to continue higher
Red Line: Indicates a downtrend – price is likely to continue lower
Orange Line: Indicates a sideways or choppy market – no clear direction
🧠 Practical Usage
Use the trend line direction as your primary guide for determining market bias
Enter long positions when the line turns green (uptrend)
Enter short positions when the line turns red (downtrend)
Avoid trading or reduce position size when the line turns orange (chop)
Consider the trend line as a potential dynamic support/resistance level
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