Trend Bars
Last updated
Last updated
For instance, if the trend bars are consistently green, it suggests a bullish trend, whereas purple bars suggest bearish momentum.
When momentum is building downward, the bars turn orange at peak levels, suggesting that the downward momentum may be nearing exhaustion. This potential momentum shift can indicate a favorable moment for traders to watch for reversal signals or reduced bearish pressure.
Conversely, the lower bars reflect upward momentum, turning to more darker color to indicate possible peak of bullish activity.
The "Trend Bars" feature includes both upper and lower bars to indicate momentum shifts in both directions.
Together, these bars provide a balanced view of momentum, helping traders quickly identify when the market may be shifting. This dual-bar approach offers a comprehensive snapshot of both bullish and bearish momentum peaks, aiding in strategic timing for entries or exits based on likely trend changes.
