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Smart Trail Signals NO CONDITIONS
Smart Trail Signals Indicator
Overview
This is a trend-following indicator that uses a dynamic trailing stop system to identify bullish and bearish trends. It adapts to market volatility using ATR (Average True Range) and provides visual signals when the trend direction changes.
Core Components
Smart Trail System:
Calculates dynamic support (trail_up) and resistance (trail_down) levels
Adjusts trail levels based on price movement and volatility
Maintains trend direction until price crosses the opposite trail level
Key Parameters:
Length (14): Period for ATR calculation
Multiplier (2.0): Distance of trail from price relative to ATR
Sensitivity (1-5): Fine-tunes how quickly the trail adapts to price changes
How It Works
Trend Detection: Monitors whether price is above the support trail (bullish) or below the resistance trail (bearish)
Trail Movement:
In uptrends: Support trail rises with price but never decreases
In downtrends: Resistance trail falls with price but never increases
Signals: Diamond shapes appear when trend flips:
Green diamond below bar = bullish trend change
Red diamond above bar = bearish trend change
Visual Aids:
Trail line changes color (lime for uptrend, red for downtrend)
Candles colored green (bullish), red (bearish), or gray (neutral)
Best Use Cases
Identifying trend reversals on any timeframe
Following strong directional moves
Setting dynamic stop-loss levels
Works 24/7 on all instruments (stocks, crypto, forex)
RetryClaude can make mistakes. Please double-check responses. Sonnet 4.5
Overview
This is a trend-following indicator that uses a dynamic trailing stop system to identify bullish and bearish trends. It adapts to market volatility using ATR (Average True Range) and provides visual signals when the trend direction changes.
Core Components
Smart Trail System:
Calculates dynamic support (trail_up) and resistance (trail_down) levels
Adjusts trail levels based on price movement and volatility
Maintains trend direction until price crosses the opposite trail level
Key Parameters:
Length (14): Period for ATR calculation
Multiplier (2.0): Distance of trail from price relative to ATR
Sensitivity (1-5): Fine-tunes how quickly the trail adapts to price changes
How It Works
Trend Detection: Monitors whether price is above the support trail (bullish) or below the resistance trail (bearish)
Trail Movement:
In uptrends: Support trail rises with price but never decreases
In downtrends: Resistance trail falls with price but never increases
Signals: Diamond shapes appear when trend flips:
Green diamond below bar = bullish trend change
Red diamond above bar = bearish trend change
Visual Aids:
Trail line changes color (lime for uptrend, red for downtrend)
Candles colored green (bullish), red (bearish), or gray (neutral)
Best Use Cases
Identifying trend reversals on any timeframe
Following strong directional moves
Setting dynamic stop-loss levels
Works 24/7 on all instruments (stocks, crypto, forex)
RetryClaude can make mistakes. Please double-check responses. Sonnet 4.5
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.