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Apollo - Trend Status [ArdiNSC]

█ WHAT IT DOES
Apollo Trend Status tells you the current market trend using Dow Theory — the same methodology professional traders have used for over 100 years.
It answers one simple question: Is this trending up, trending down, or going nowhere?
█ WHY I BUILT THIS
Most retail traders lose because they fight the trend. They long downtrends hoping for a bounce. They short uptrends trying to call the top.
I built this to make trend direction obvious — especially for newer traders still learning to read charts.
It won't tell you when to buy or sell. It just tells you what the chart is doing RIGHT NOW.
█ HOW IT WORKS
The indicator detects swing highs and swing lows, then evaluates the structure:
- Higher Highs + Higher Lows = UPTREND
- Lower Highs + Lower Lows = DOWNTREND
- Mixed structure = NO CLEAR TREND
That's it. No secret sauce. Just objective structure analysis.
█ THE INVALIDATION LINE
In an uptrend, the indicator marks the last swing low — if price closes below it, the trend is broken.
In a downtrend, it marks the last swing high — if price closes above it, the trend is broken.
This gives you a clear line in the sand so you always know where you're wrong.
█ SETTINGS
- Swing Detection Sensitivity — Lower = more swings detected, Higher = smoother
- Show Swing Levels — The swing high/low the indicator is tracking
- Show Trend Invalidation Level — Where the trend breaks
- Show 20 EMA — Optional momentum filter
- Color Candles/Background — Optional visuals (off by default)
█ ABOUT
Part of the Apollo Trading toolkit. Follow @ArdiNSC on Twitter for more.
Apollo Trend Status tells you the current market trend using Dow Theory — the same methodology professional traders have used for over 100 years.
It answers one simple question: Is this trending up, trending down, or going nowhere?
█ WHY I BUILT THIS
Most retail traders lose because they fight the trend. They long downtrends hoping for a bounce. They short uptrends trying to call the top.
I built this to make trend direction obvious — especially for newer traders still learning to read charts.
It won't tell you when to buy or sell. It just tells you what the chart is doing RIGHT NOW.
█ HOW IT WORKS
The indicator detects swing highs and swing lows, then evaluates the structure:
- Higher Highs + Higher Lows = UPTREND
- Lower Highs + Lower Lows = DOWNTREND
- Mixed structure = NO CLEAR TREND
That's it. No secret sauce. Just objective structure analysis.
█ THE INVALIDATION LINE
In an uptrend, the indicator marks the last swing low — if price closes below it, the trend is broken.
In a downtrend, it marks the last swing high — if price closes above it, the trend is broken.
This gives you a clear line in the sand so you always know where you're wrong.
█ SETTINGS
- Swing Detection Sensitivity — Lower = more swings detected, Higher = smoother
- Show Swing Levels — The swing high/low the indicator is tracking
- Show Trend Invalidation Level — Where the trend breaks
- Show 20 EMA — Optional momentum filter
- Color Candles/Background — Optional visuals (off by default)
█ ABOUT
Part of the Apollo Trading toolkit. Follow @ArdiNSC on Twitter for more.
Korumalı komut dosyası
Bu komut dosyası kapalı kaynak olarak yayınlanmaktadır. Ancak, ücretsiz ve herhangi bir sınırlama olmaksızın kullanabilirsiniz – daha fazla bilgiyi buradan edinebilirsiniz.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Korumalı komut dosyası
Bu komut dosyası kapalı kaynak olarak yayınlanmaktadır. Ancak, ücretsiz ve herhangi bir sınırlama olmaksızın kullanabilirsiniz – daha fazla bilgiyi buradan edinebilirsiniz.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.