TRND Review – Is This Service Worth Using?

TRND is a buying and selling service that gives algorithmic indicators and buying and selling alerts for TradingView. The algorithms work particularly effectively for figuring out robust momentum or upcoming reversals. As well as, TRND affords a buying and selling masterclass and a buying and selling Discord group the place you’ll be able to share your trades and study from others.

So, can TRND allow you to commerce extra profitably? Maintain studying our TRND assessment to search out out.

TRND Pricing Choices

TRND affords 3 packages. The TRND Professional package deal prices $68 monthly and affords entry to TRND’s TradingView indicators solely.

The TRND Professional All Entry package deal prices $78 monthly and provides entry to the buying and selling masterclass and Discord group. For many merchants, this package deal is a worthwhile improve over the Professional plan.

The TRND Bot (Auto) package deal prices $2,500 per 12 months. This provides you entry to an auto-trading algorithm based mostly on TRND’s indicators. Based on TRND, the auto-trading bot has a 313% annual return.

TRND Options

TRND TradingView Indicators

TRND affords a set of customized indicators that you could view on charts inside TradingView. You have to have a free or paid TradingView account to make use of TRND.

We’ll cowl the symptoms accessible and what they do:

Purchase/promote alerts: TRND routinely annotates your charts with purchase and promote alerts based mostly on momentum and reversal patterns recognized from its different indicators.

AI mode: With AI mode enabled, TRND will routinely alter the sensitivity of its purchase and promote alerts. It would additionally determine take-profit ranges for every purchase sign.

Volatility help and resistance: This can be a line that seems above or under an asset’s value chart to indicate whether or not the present pattern is bullish or bearish. In follow, it really works lots just like the parabolic SAR indicator.

Security mode: This disables purchase alerts when the general pattern (based mostly on volatility help and resistance) is bearish and disables promote alerts when the general pattern is bullish.

EQ cloud: The EQ cloud indicator is a momentum overlay that reveals whether or not an asset is buying and selling with robust or weak bullish or bearish momentum. The thicker the EQ cloud line, the extra momentum an asset’s value has. EQ cloud strains may also be interpreted as areas of help or resistance.

Reversal cloud: The reversal cloud is a set of envelopes across the value that signifies when an asset is overbought or oversold. It really works equally to Bollinger Bands.

Harmonic zag: This indicator annotates the excessive and low reached on the finish of every pattern. It helps you establish whether or not highs are getting increased or lows are getting decrease.

Tunnel imaginative and prescient: Tunnel imaginative and prescient routinely attracts a channel onto your chart. It really works finest for sideways buying and selling or figuring out channels inside a long-term pattern.

Momentum: This can be a color-coded momentum indicator under your chart that appears and operates equally to MACD. 

Divergence: The divergence indicator seems on high of the momentum indicator. It signifies when there may be divergence between the momentum indicator and the EQ cloud indicator, which might sign a reversal.

Strain: The strain indicator is an oscillating indicator that helps you establish whether or not a downturn is a pullback or reversal. If strain stays constructive throughout a pullback, it’s seemingly a restricted pullback. If strain crosses over its zero line, it signifies a reversal.

Collectively, these indicators are designed that can assist you determine zones of robust momentum and differentiate pullbacks from true reversals. They will additionally allow you to reap the benefits of small actions when an asset is buying and selling horizontally.

Helpfully, TRND’s indicators work on all property and timeframes supported by TradingView. When you’ve got a paid TradingView account, you can too use these indicators alongside your individual customized indicators and drawings.

TRND Masterclass

The TRND buying and selling masterclass is designed primarily for brand spanking new merchants, nevertheless it additionally affords a number of very helpful methods constructed on TRND’s customized indicators. The masterclass is damaged down into greater than 30 classes, every consisting of brief movies. In complete, there’s about two hours of video content material.

The majority of the masterclass focuses on buying and selling fundamentals: how to decide on a dealer, methods to interpret candlestick charts, methods to determine bullish or bearish tendencies, and methods to commerce in several markets.

The final 4 classes cowl TRND-specific buying and selling methods, just like the “5 out of 5.” This technique seems for confluence between TRND’s purchase/promote alerts, EQ cloud, volatility help and resistance line, momentum indicator, and present candlestick course.

TRND Discord

TRND’s Discord group is a serious a part of what differentiates this service from different algorithmic buying and selling providers that provide customized TradingView indicators. The Discord group has round 170 members and the dialogue is comparatively energetic each day.

The Discord contains channels for inventory, foreign exchange, futures, and crypto commerce alerts which are moderated by skilled merchants. It’s much like different buying and selling chat room platforms in that the professional merchants sometimes name out alternatives after which replace merchants all through the day with notifications to scale back or shut positions. Every of the professional merchants with TRND have barely completely different types, however all of them do a comparatively good job of providing annotated charts and explanations of the alerts they’re buying and selling.

The Discord group additionally affords entry to TRND’s buying and selling bot, which points purchase and promote alerts for shares, indices, foreign exchange, futures, and crypto. Nevertheless, the bot’s alerts aren’t extremely particular in that they don’t embrace entry or exit costs. It’s primarily good for recognizing potential alternatives, which you’ll be able to then commerce by yourself utilizing TRND’s system of indicators.

Platform Differentiators

TRND has lots in widespread with different algorithmic buying and selling techniques that provide units of indicators for TradingView, comparable to TradingCanyon, Cobra Algo, or SimpleAlgo. Whereas the symptoms these platforms provide are barely completely different, all of them are designed to make it simpler to determine tendencies, momentum patterns, and reversals. All of them additionally provide purchase and promote alerts proper in your TradingView charts.

What makes TRND completely different from these different platforms isn’t its indicators, however moderately its Discord buying and selling group. Whereas the opposite algorithmic buying and selling providers we’ve reviewed go away you by yourself, TRND has a built-in system that can assist you discover alternatives and get suggestions utilizing its buying and selling system. This can be a main profit for brand spanking new merchants who need extra help or for merchants who take pleasure in being a part of a buying and selling chat room.

That stated, TRND can be much more costly than algorithm-only providers. Cobra Algo and TradingCanyon every value $40-$50 monthly, whereas SimpleAlgo costs a one-time price of $30. In distinction, TRND prices $78 monthly if you’d like entry to its chat group.

It’s additionally value noting that whereas TRND’s indicators are useful, they’re not particularly distinctive. A few of its most necessary indicators—volatility help and resistance, reversal cloud, and momentum—are much like conventional indicators like PSAR, Bollinger Bands, and MACD. You might also have the ability to discover comparable community-contributed indicators in TradingView without cost.

What Sort of Dealer Is TRND Greatest For?

TRND is finest for newbie and intermediate merchants who need to use a ready-made buying and selling technique with easy-to-interpret indicators and alerts. TRND’s system works for all asset lessons and all timeframes, so it’s appropriate for each day merchants and swing merchants.

TRND is very worthwhile for those who’re contemplating becoming a member of a buying and selling chat room. Getting access to a group of merchants that every one use TRND’s system is a serious advantage of this service.

TRND can be finest for those who already use TradingView for technical evaluation. Whereas you should utilize TRND with a free TradingView account, you’ll get extra out of the system for those who pair TRND indicators with TradingView’s paid screeners and technique constructing instruments.

If you happen to don’t already use TradingView, it’s additionally value contemplating TrendSpider as a substitute for TRND. TrendSpider affords automated technical evaluation moderately than a set of ready-to-run indicators, and it’s much more highly effective and customizable than TRND. TrendSpider is very well-suited for extra skilled merchants due to its technique growth and backtesting instruments, which TRND doesn’t provide. TrendSpider begins at $49.60 monthly.