What You Need for Trading
10 Free Indicators

by ChartPrime

This indicator draws colored bands on the price chart to show whether the market is heading up or down. Blue bands mark an uptrend; red bands mark a downtrend. The direction only changes when price fully breaks out of the band. The band width gradually expands over time — so you can see at a glance how long the current trend has been running.

This indicator doesn't tell you whether to buy. It tells you which direction the market is heading right now.

Reading trends isn't about "up a little = uptrend, down a little = downtrend." This indicator teaches you to see it differently: direction only changes when price fully exits a defined range.

And because the band width changes over time, you start to feel what a trend actually is — not a fixed threshold, but a living structure that evolves. The longer the color holds, the wider the band gets. That's trend age and strength made visible.

It reads cleanest when price has been moving steadily in one direction. On those charts, you'll see blue or red bands holding consistently across multiple candles — and in those stretches, the current trend is obvious at a glance.

It's also useful for reviewing where the color changed — a clean visual record of when trend shifts happened. No complex math. Just color, and a clear sense of direction.

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by LuxAlgo

It draws one line on the price chart. Green means the trend is up. Red means it's down. The area between the line and price fills with the same color, so direction reads at a glance. When the trend is unclear, the line doesn't follow price — it holds its position. That's what makes this indicator different.

This isn't a 'should I buy?' indicator. It's a direction indicator — where is the trend going right now?

Specifically, it answers these questions.

Spending time with this indicator naturally shifts how you see the chart.

Price is always moving. But not every move has direction. You start learning to separate the two — real trend versus directionless drift.

And when you see the line freeze up and stop tracking price, you start to feel it: this is a zone where you can't make a clean call. Not forcing a direction at every moment — that's an important habit.

It's most useful when price is moving steadily in one direction. The line follows price smoothly and direction is clear. That's the zone where line color and fill color stay consistent.

On the chart, you'll see a green line tracking steadily below price, or a red line holding above it.

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