TOS Trend Indicator

Buy Sell Signal with Trend 

This custom ThinkorSwim-platform based Trading Indicator is made up of two parts. 

1) Trend Identifier: This part of the indicator helps you determine the prevailing trend. By default it is based on 21 periods. However, this parameter can be adjusted in settings as per your liking. If there is a Red Line above the Price, then it means price is in the Down Trend. And if there is a Green Line below the Price, then it means price is in an Up Trend.  It is shown on the chart (see examples below).

2) Buy Sell Signals: Within a Trend, there are Buy and Sell signals that appear. As it is prudent to stay with the trend - Ignore the Sell Signals when in an Up trend and Ignore the Buy Signals when in a Down trend.

How does it work?

This indicator can be overlaid in any time frame or Tick chart within a ThinkorSwim platform only. When the price gives a Buy signal within an Up trend, one can establish a long position (and vice versa for a Sell signal). Once you purchase the indicator, it comes with a helpful installation PDF and a Video explanation.  

Buy Indicator (Non-Refundable)
Futures, Stocks, Options, and Forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.