Custom Trend Indicator

As shown on the chart, the indicator uses two trend lines to identify market direction:

• Green Trend Line = Bullish Trend
• Red Trend Line = Bearish Trend

How to Read the Trend

The trend direction is determined by which line is leading:

• When the green trend line is ahead of the red trend line, the market is considered bullish, indicating upward momentum.
• When the red trend line is ahead of the green trend line, the market is considered bearish, indicating downward momentum.

In simple terms, compare the position of the two lines:

• Green ahead = Bullish
• Red ahead = Bearish

This makes it easy to quickly identify the current market trend at a glance.