Get in one blink of an eye the trend and momentum on any time frame of a stock, crypto or currency pair or index.
Automatically apply our popular SwingTrigger technical indicator on the time frames above the current time frame in TradingView.
The SwingTrigger Indicator
First, this indicator is using the SwingTrigger indicator (see this page). If you remember, it shows the trend and momentum on a chart. But, this Matrix and multi dimensional indicator uses it at any time frame above the chart current time frame.
For exmple, if the chart displays the 15m time frame, the indicator shows the trend and moment for the 15m TF, 30m, 1H and so on.
Meet the SwingTrigger Matric
So, for each time frame, the indicator displays a cell in the price chart. The cell contains the name of the time frame and a color:
- blue: uptrend
- green: strong uptrend
- yellow: downtrend
- red: strong downtrend
It’s that simple! Thus, the color gives an insight on the momentum. With green the momentum is high, whereas with blue it is weak. It’s a precious help to the trader. And without having to change your chart time frame.
Why this matrix indicator?
In fact, the rationale behind this indicator is that too many traders are keeping their nose to the grindstone. They are stuck to a chart. And they open a position without knowing whether there are in a global uptrend or downtrend.
Indeed, you must trade with the trend. So, if you ignore what is the trend, your probabilities of winning are poor.You need to know the structure of the market.
The SwingTrigger Matrix gives you a chance to trade in good conditions.
The SwingTrigger Matrix Indicator in action
Here is an example of this SwingTrigger Matrix indicator on Tesla:
How to get the SwingTrigger Matrix indicator?
This indicator is available in our shop:
Notice: this indicator is only available in a TradingView version.
Illustrations : canva & Charts: TradingView