Hambones Trend Reader: Master Market Trends with Confidence

Hambones Trend Reader is an advanced EMA and algorithm-based indicator that combines the power of exponential moving averages with sophisticated analysis of past candle patterns to help you master market trends. Whether you're a scalper looking for quick moves or a long-term trader, this tool has the versatility to meet your needs, adapting seamlessly across different timeframes and market types, including Futures, Stocks, Crypto, and Forex.

Four Powerful Trend Settings

Scalping Trend

Designed for traders seeking quick moves, the scalping setting uses yellow and blue to indicate short and long opportunities, respectively. Yellow signals a short trend, while blue signals a long trend. You can easily toggle the bar color to reflect the scalping trend, allowing for instant clarity during fast-paced trading sessions.

Scalping Trend Example

Short Term Trend Reader

Perfect for intraday moves, the short-term trend reader helps capture trends that may last up to a full day. When the price breaks above, the trend is indicated in green; when it breaks below, the trend turns red. This feature can be set to change the bar color to match the current trend, giving you an easy visual cue to stay aligned with intraday market moves.

Short-Term Trend Visualization

Medium Term Trend Reader

Similar to the short-term trend reader but tuned to higher EMAs, the medium-term trend setting is perfect for traders looking to stay in trades a bit longer. It provides more stability, allowing you to capture more extended price movements and potentially maximize gains. This setting also allows toggling the bar color to visually represent the trend.

Medium Term Trend Example

Long Term Trend Reader

The Long Term Trend Reader is the crown jewel of this indicator. Based on even higher EMA levels, it provides essential insights into larger market trends. On lower timeframes (e.g., 5m, 6m, 9m, 18m), it acts as dynamic support and resistance, making it easier to predict bounces and rejections. On higher timeframes (e.g., 4hr, 6hr, 8hr, 1d, 1w), it offers highly reactive levels, often acting as crucial support or resistance, helping traders navigate major market movements with greater confidence.

Long Term Trend Acting as Support/Resistance

Adaptable Across All Markets and Timeframes

Hambones Trend Reader automatically adjusts to any timeframe you're using, whether you're scalping quick moves or trading long-term trends. The reactive levels adapt accordingly, providing you with relevant insights regardless of the timeframe or asset class—be it Futures, Stocks, Crypto, or Forex.

Why Choose Hambones Trend Reader?

  • Comprehensive Trend Analysis: Covers all trading horizons—scalping, short-term, medium-term, and long-term—with settings tailored to each style.
  • Customizable Visualization: Color-coded trend bars and easily toggleable features make it user-friendly and customizable to fit your preferences.
  • Versatile Usage: Works seamlessly across all markets and timeframes, providing essential insights to help you make informed trading decisions.

Ready to Master Market Trends?

Ready to automate your trading? Start with HamBot today and take your trading to the next level.

Example Chart with All Four Trend Settings Enabled