The CryptoField TREND Mode indicator identifies the trend direction (uptrend or downtrend) and the mode (trending or sideways) of the market.
Uptrend when green Downtrend when red Sideways when orange Trending when green or red
Basically the indicator works like a double moving average, but the algorithm reacts faster on movements and it tolerates "noisy"/volatile markets better which makes it more effective on crypto markets.
It can be applied to strategies or other indicators as a trend direction or market mode filter.