(Nexgen) TradingView Indicator Descriptions
Nexgen's TradingView Indicator Descriptions & Educational Material.
The T3 TradingView Software Package incorporates a range of crucial indicators, each serving a distinct purpose within the trading framework. This documentation will provide you with a complete understanding of these indicators by breaking them down individually and building upon each other, unlocking our software's full potential and helping you make informed trading decisions.
T3 Trigger Lines
For educational information on T3 Trigger Lines and understanding Trend & Momentum: click here
T3 Divergence Potential
For educational information on T3 Divergence as a termination ( trend ending ): Click Here
The settings are straightforward for this indicator; the color of text and size of text are your choices.
T3 One-To-Ones
For Educational information on T3 One-To-Ones as a termination ( trend ending ): Click Here
Yellow Dots - " One to Ones " Are a Fibonacci projection of 100%. One swing distance is equal to the next swing. These are represented mostly by Yellow or Magenta dots and represent general support or resistance. See Example
Magenta Dots - " One To Ones " Are a Fibonacci 100% projection from each smaller swing. The input choices are simple: color, style, and size. It is not recommended to use a line as a style. See Example
T3 Trend Bands
T3 Trend Bands are helpful as entry and exit areas.
T3 Market Flow Indicator
There is much to learn about using the T3 Market Flow indicator. Nexgen's teachings and trade setups are based on volume breakouts and high-volume areas tested as support and resistance. We feel you should work through the three sections of the educational material in this guide: Click Here TradingView limits the number of plots to 60, so as bars progress in real time, the dots will drop off of the bars. The high-volume areas for bars will persist, as will HVA LINES.
Here, you will see a couple of HVA ( High Volume Area ) LINES and how the market reacts to them.
T3 MAC D BB
The T3 MACD BB LINES is an older indicator we introduced in 2003. The purpose of the indicator was to show momentum when the dots are outside of the Bollinger bands.
The other primary function was to show divergence between the oscillator and the price swings. We have since created our T3 Divergence indicator, which does this work automatically.
Nexgen Software Services Charts and templates use an indicator called Chart Prime. Chart Prime is a separate company and is not required to use Nexgen. This tool is for traders looking to enhance their support and resistance analysis. It provides dynamic, real-time levels that adapt to market conditions, helping you accurately identify key turning points. Combined with Nexgen’s indicators, Chart Prime adds an extra layer of confirmation, improving trade confidence and precision. Whether you're spotting reversals, breakouts, or trend continuations, this add-on helps refine your decision-making and maximize trading opportunities.
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