RenkoGurus-SmartTrend
Last updated
Last updated
"Never trade against the trend! Let the market show you the way."
RenkoGurus-SmartTrend is a powerful trend-following indicator designed for Renko chart traders who want to maximize profits by riding strong trends and avoiding choppy markets. This indicator provides a clear visual representation of trend strength, making it ideal for traders who follow the mantra: "Trend is your friend—until it bends!"
With multiple trend clouds, VWAP levels, rank filtering, and a confluence dashboard, this indicator ensures that traders only take high-probability trades in the direction of the prevailing trend.
🔹 Avoid Fake Signals: By analyzing short, medium, and long-term trends, this indicator helps filter out noise and prevent early entries in weak trends. 🔹 Boost Confidence: Instead of second-guessing trend direction, use the dashboard to confirm high-confluence trade setups. 🔹 Trade with Institutional Levels: Incorporates VWAP and rank-based filters to help traders align their positions with big money movements. 🔹 Perfect for Scalping & Swing Trading: Whether you trade quick momentum moves or long-term breakouts, this indicator adapts to your style. 🔹 Minimize Drawdowns: Stay out of weak or consolidating markets by following the trend clouds and confluence signals.
"Ride the wave, don't fight the tide!"
💡 "Follow the footprints of the trend, and success will follow you!"
Short-Term Trend Cloud: Captures immediate price action momentum for quick entries and exits.
Medium-Term Trend Cloud: Provides confirmation for sustained moves, helping traders stay in winning trades longer.
Long-Term Trend Cloud: Shows the overall market direction, preventing traders from making counter-trend mistakes.
Bearish & Bullish Cloud Differentiation: Clear color-coded zones to distinguish between buying and selling opportunities.
"A strong trend doesn't need explanation—it just keeps moving!"
The Rank Filter acts as a trend strength validator, helping traders determine whether momentum is building or fading.
When Rank and Trend Clouds align, it confirms a high-probability trade setup.
"Weak ranks lead to weak trades—wait for confirmation and let the trend lead the way!"
Session VWAP: Tracks the volume-weighted average price to show where institutional traders are positioned.
Weekly VWAP: Helps traders identify key support and resistance levels, increasing trade accuracy.
"Institutions trade with VWAP—why shouldn't you?"
📊 "A well-informed trader is a profitable trader!"
Trend-Based Buy & Sell Signals: Automatically generated trade signals based on market conditions.
Confluence Dashboard: Provides a quick snapshot of all key trend components to help traders make faster, smarter decisions.
"Strong confluence = strong trades. Weak confluence = stay out!"
✅ Trend Traders – Those who prefer to follow the dominant market direction instead of fighting against it. ✅ Scalpers & Day Traders – Want to enter and exit trades quickly with confirmation from multiple trend layers. ✅ Swing Traders – Looking for longer-term trend alignment before holding positions for multiple sessions. ✅ Momentum Traders – Need rank filtering and VWAP tracking to trade with institutional momentum.
"The market rewards patience—wait for trend confirmation, then strike!"
RenkoGurus-SmartTrend is not just another indicator—it’s a complete trend-following system designed to help traders stay in winning trades longer and avoid weak setups. 🚀 Stop guessing, start profiting—trade with the trend today! 🚀
