TRND Review
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Ease of use
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Quality
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value
summary
TRND is a trading service that provides algorithmic indicators and trading signals for TradingView. This service offers a variety of custom indicators, as well as advanced trading lessons and a Discord trading group. Find out everything you need to know about this service by reading our full TRND review.
Positives
- Beginner-friendly momentum and reversal trading system
- The indicators require very little customization or tuning
- Lively chat room led by professional traders
- Actionable buy and sell signals with take profit levels
- Works in conjunction with other TradingView strategies
cons
- Expensive subscription
- Some indicators are easily replicated
TRND is a trading service that provides algorithmic indicators and trading signals for TradingView. The algorithms work particularly well to identify strong momentum or upcoming setbacks. Additionally, TRND offers trading masterclasses and a Discord trading group where you can share your trades and learn from others.
So, can TRND help you trade more profitably? Keep reading our TRND review to find out.
TRND Pricing Options
TRND offers 3 packages. The TRND Pro package costs $68 per month and provides access to TRND's TradingView indicators only.
The TRND Pro All Access package costs $78 per month and adds access to master trading lessons and a Discord group. For most traders, this package is a worthwhile upgrade over the Professional plan.
The TRND Bot (Automatic) package costs $2,500 per year. This gives you access to an automatic trading algorithm based on TRND indicators. According to TRND, the automated trading bot generates an annual return of 313%.
TRND Features
TRND TradingView Indicators
TRND offers a set of custom indicators that you can display on charts within TradingView. You must have a free or paid TradingView account to use TRND.
We'll cover what indicators are available and what they do:
- Buy/Sell Signals: TRND automatically annotates your charts with buy and sell signals based on momentum and reversal patterns identified from its other indicators.
- AI mode: With AI mode enabled, TRND will automatically adjust the sensitivity of its buy and sell signals. Take profit levels will also be determined for each buy signal.
- Volatility support and resistance: This is the line that appears above or below an asset's price chart to show whether the current trend is bullish or bearish. In practice, it works much like the equivalent SAR indicator.
- Safety mode: This disables buy signals when the overall trend (based on volatility support and resistance) is down and disables sell signals when the overall trend is up.
- Equalizer cloud: The EQ Cloud indicator is a momentum overlay that shows whether an asset is trading with strong or weak bullish or bearish momentum. The thicker the EQ cloud line, the more momentum the asset price has. EQ cloud lines can also be interpreted as support or resistance areas.
- Reverse cloud: A reversal cloud is a group of envelopes around the price that indicates when an asset is overbought or oversold. It works similarly to Bollinger Bands.
- Harmonic aliasing: This indicator shows the high and low reached at the end of each trend. It helps you determine whether the highs are rising or the lows are falling.
- Tunnel vision: Tunnel Vision automatically draws a channel on your chart. It works best for sideways trading or identifying channels within a long-term trend.
- Paid: This is the color-coded momentum indicator located at the bottom of your chart that looks and works similar to the MACD.
- Bifurcation: The divergence indicator appears above the momentum indicator. It indicates a divergence between the momentum indicator and the EQ Cloud indicator, which may indicate a reversal.
- pressure: The Stress Indicator is an oscillating indicator that helps you determine whether a pullback is a pullback or a reversal. If the pressure remains positive during the pullback, it is likely to be a limited pullback. If the pressure exceeds the zero line, it indicates a reversal.
Together, these indicators are designed to help you identify areas of strong momentum and distinguish between true pullbacks and reversals. They can also help you take advantage of small movements when the asset is trading horizontally.
It is useful that TRND indicators work on all assets and time frames supported by TradingView. If you have a paid TradingView account, you can also use these indicators along with your own custom indicators and charts.
TRND Masterclass
TRND's Master Trading Course is designed primarily for new traders, but it also offers many very useful strategies built around custom TRND indicators. The main lesson is divided into over 30 lessons, each consisting of short video clips. In total, there are about two hours of video content.
The bulk of the course focuses on the basics of trading: how to choose a broker, how to interpret candlestick charts, how to identify bullish or bearish trends, and how to trade different markets.
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The last four lessons cover TRND-specific trading strategies, such as “Five of Five”. This strategy looks for a convergence between TRND's buy/sell signals, EQ cloud, volatility support and resistance line, momentum indicator, and the current candlestick trend.
Other than TRND
TRND's Discord group is a key part of what sets this service apart from other algorithmic trading services that offer custom TradingView indicators. The Discord group has about 170 members and discussion is relatively active on a daily basis.
Discord includes channels for stock, forex, futures, and cryptocurrency trading alerts moderated by professional traders. It is similar to other trading chat room platforms where professional traders typically call out opportunities and then update traders throughout the day with notifications to reduce or close positions. Professional traders who use TRND each have slightly different styles, but they all do a relatively good job of providing charts and interpretations of the signals they trade.
The Discord group also provides access to TRND's trading bot, which issues buy and sell signals for stocks, indices, forex, futures, and cryptocurrencies. However, the robot's signals are not very specific because they do not include entry or exit prices. They are mainly useful for spotting potential opportunities, which you can then trade yourself using TRND's indicator system.
Platform teams
TRND has a lot in common with other algorithmic trading systems that offer sets of indicators for TradingView, such as TradingCanyon, Cobra Algo, or SimpleAlgo. While the indicators offered by these platforms are slightly different, they are all designed to make it easier to identify trends, momentum patterns, and reversals. All of them also provide buy and sell signals directly on your TradingView charts.
What makes TRND different from these other platforms is not its indicators, but rather its Discord trading community. While other algorithmic trading services we've reviewed leave you on your own, TRND has a built-in system to help you find opportunities and get feedback using its trading system. This is a huge benefit for new traders who want more support or for traders who enjoy being part of a trading chat room.
However, TRND is also much more expensive than algorithm-only services. Cobra Algo and TradingCanyon both cost $40-$50 per month, while SimpleAlgo charges a one-time fee of $30. In contrast, TRND costs $78 per month if you want access to its chat group.
It is also worth noting that while TRND indicators are useful, they are not particularly unique. Some of its most important indicators – Volatility Support and Resistance, Reversal Cloud, and Momentum – are similar to traditional indicators such as PSAR, Bollinger Bands, and MACD. You may also be able to find similar community-contributed indicators on TradingView for free.
What type of trader is TRND suitable for?
TRND is best for beginner and intermediate traders who want to use a ready-made trading strategy with easy-to-interpret indicators and signals. The TRND system works with all asset classes and all time frames, so it is suitable for both day traders and swing traders.
TRND is especially useful if you are considering joining a trading chat room. Access to a community of traders who use the TRND system is a big advantage of this service.
TRND is also best if you already use TradingView for technical analysis. Although you can use TRND with a free TradingView account, you will get more from the system if you pair TRND indicators with TradingView's paid screening tools and strategy building tools.
If you're not already using TradingView, it's also worth considering TrendSpider as an alternative to TRND. TrendSpider offers automated technical analysis rather than a set of ready-to-run indicators, and is much more powerful and customizable than TRND. TrendSpider is particularly suitable for more experienced traders thanks to its strategy development and backtesting tools, which TRND does not offer. TrendSpider starts at $49.60 per month.