INVITE-ONLY SCRIPT
SBER's Trend Jinni (Real/False Trend Detector)
Updated
Trend Jinni - Your trading time friend that helps you take right decisions
Trend Jinni indicator can be used for scalping, day trade, swing trades, short term or for investment analysis of equities, indices, currencies, and commodities. It provides easy to visualize multiple pieces of critical information:
1) Finds opportunity with major trade change information
2) Fake moves / Fake / False or fading trends
2) Support/resistance level
4) When not to be in the trade
5) Stop loss information
Why Trend Jinni? It analyzes information and presents it much before other lagging indicators and adapts to the changes in securities
How to read Trend Jinni?
Jinni line color:
Red = Sell side trade
Green = Buy side trade
Black = No trade zone
Best entry point is the one which is closest to the Jinni price line.
Trade is recommended to be closed when price is below Jinni line (in case of buy side trade) or it is above Jinni line (in case of sell side trade)
What time frame should I use?
1 min = Very aggressive traders / Scalpers
5 min = Aggressive day traders
15 min = Patient day traders
60 min = Swing traders/Short term traders
1 day = Long term traders/Short term traders
Trend Jinni indicator can be used for scalping, day trade, swing trades, short term or for investment analysis of equities, indices, currencies, and commodities. It provides easy to visualize multiple pieces of critical information:
1) Finds opportunity with major trade change information
2) Fake moves / Fake / False or fading trends
2) Support/resistance level
4) When not to be in the trade
5) Stop loss information
Why Trend Jinni? It analyzes information and presents it much before other lagging indicators and adapts to the changes in securities
How to read Trend Jinni?
Jinni line color:
Red = Sell side trade
Green = Buy side trade
Black = No trade zone
Best entry point is the one which is closest to the Jinni price line.
Trade is recommended to be closed when price is below Jinni line (in case of buy side trade) or it is above Jinni line (in case of sell side trade)
What time frame should I use?
1 min = Very aggressive traders / Scalpers
5 min = Aggressive day traders
15 min = Patient day traders
60 min = Swing traders/Short term traders
1 day = Long term traders/Short term traders
Release Notes
Build 109 with minor updateRelease Notes
Added version informationRelease Notes
New version Build 1.1 with additional features of targets.Targets are indicative and must be be followed with Technical Analysis.
Targets move with Jinni Line.
Release Notes
Minor update to remove bars errorRelease Notes
v1.2 Release Notes:Added option to show/hide possible targets and textual information
Option to change colors of markings on screen
Release Notes
Added Alerts
Website: wavenodes.com
Twitter: twitter.com/wavenodes
To get access to any our locked script, connect with us at wavenodes.com/
Twitter: twitter.com/wavenodes
To get access to any our locked script, connect with us at wavenodes.com/
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 WaveNodes for more information, or follow the author's instructions below.
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Author's instructions
″Access to this tool is available only for the members of WaveNodes Technologies. Contact us for more details (http://www.wavenodes.com)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.