> For the complete documentation index, see [llms.txt](https://coinrotator.gitbook.io/coinrotator-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://coinrotator.gitbook.io/coinrotator-docs/screener-tools/tradingview-indicator.md).

# Tradingview Indicator

### CoinRotator TradingView Indicator

<figure><img src="/files/hsl6lFac6yryAEGkJyLn" alt="" width="563"><figcaption></figcaption></figure>

The CoinRotator Indicator is a trading tool designed to aid in trade management and trend visualization, rather than serving as a standalone trading system. It uses bands to indicate support and resistance levels, with the midline acting as an additional support/resistance level or target.

The indicator employs color-coded triangles to signal trading actions:

* Green Up Triangle (<mark style="background-color:green;">▲</mark>): Long entry
* Red Down Triangle (<mark style="background-color:red;">▼</mark>): Short entry
* Orange Down Triangle (<mark style="background-color:orange;">🔻</mark>): Exit point
* Orange Up Triangle (<mark style="background-color:orange;">🔺</mark>): Exit point

These signals should be seen as mean reversion opportunities rather than definitive trade signals.

To effectively use the CoinRotator Indicator:

1. Confirm the trend status on [Coinrotator.app](#coinrotator-tradingview-indicator) and review the daily chart.
2. Scale down to a faster timeframe and look for a pullback to enter a trade.
3. Once profitable, look for an orange triangle to consider exiting.
4. Use the middle band as a balance point for trend trades.


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