Signals
Last updated
Last updated
The TB Buy & TB Sell signals in the RenkoGurus-SmartTrend indicator are designed to help traders enter high-probability pullback trades within a trending market. These signals adapt to different trend strengths and provide customizable filtering options based on the Short-Term, Medium-Term, and Long-Term Trend Clouds.
🔹 TB Buy Signal (Green Label) – Appears when a pullback occurs in an uptrend, giving traders an opportunity to enter the trend at a discount before the next leg up. 🔹 TB Sell Signal (Red Label) – Appears when a pullback occurs in a downtrend, allowing traders to enter short positions at an optimal retracement level before the trend resumes downward. 🔹 Trend Cloud Customization – Users can adjust TB Buy & Sell signals to trigger based on any one of the trend clouds (Short-Term, Medium-Term, Long-Term), a combination of clouds, or all three. This allows for flexibility in trading different market conditions.
📌 Exit signals (X) appear when the Rank changes color within the active trend, signaling a potential weakening of momentum. Traders can use this to exit their positions early and avoid unnecessary drawdowns.
💡 Key Benefits:
🟢 Stay in strong trends while filtering out weak pullbacks.
🔴 Exit before trend reversals with rank-based confirmation.
⚡ Adapt to different trading styles by adjusting trend cloud settings.
🚀 Increase trade confidence by combining pullback entries with trend alignment.
"Trade with the trend, ride the pullbacks, and exit smartly—maximize your edge in the market!" 🚀