VIDYA with trend centered SDs with Chandelier Exit By Kidev

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This multi-tool overlay combines adaptive averaging, volatility envelopes, and structural swing detection into a single, configurable indicator.

Features
• Selectable MA75 — choose SMA / EMA / WMA / VWMA / HMA as the 75-length baseline.
• MA Trend Mode — optional up/side/down regime coloring driven by MA slope (configurable colors).
• VIDYA (Variable Index Dynamic Average) — adaptive moving average with cross (C>V / C<V) and slope-change signals.
• VIDYA-centered SD Bands — 0.5σ & 2.0σ bands computed around VIDYA to show adaptive volatility envelopes.
• Chandelier Exit (center) — optional ATR-based centerline (toggleable and trend-colored).
• Double ZigZag — two independent ZigZag period settings with HH/LL labeling for swing structure clarity.
• Performance-minded — safe line/label cleanup, limits for stored points, and options to minimize visual clutter.

How to use
• Use the selectable MA as a trend baseline and enable MA Trend Mode to color it by regime (Up / Side / Down).
• Watch VIDYA crosses (C>V / C<V) for momentum shifts and VIDYA slope-change triangles for trend acceleration.
• VIDYA-centered bands show where price is relatively quiet or volatile; the 2σ band can act as a momentum/extreme zone.
• Toggle the Chandelier center on for an ATR-based reference/exit line that complements the VIDYA bands.
• Use the Double ZigZag and HH/LL labels to identify swing structure and potential confirmations of trend breaks.

Notes & customization ideas
• Slope threshold is ATR-based by default but can be tuned to reduce noise.
• VIDYA band lookback uses the SD lookback setting; you can switch to VIDYA’s length for a different feel.
• Add/remove labels or reduce max ZigZag points if you need lighter charts.

This indicator is intended as a toolbox — combine its elements (MA regime, VIDYA bands, chandelier center, ZigZag structure) to build context-aware entries, exits, and market regime analysis rather than as a standalone mechanical system.

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Nota Keluaran

VIDYA (Variable Index Dynamic Average)

An adaptive moving average that adjusts its sensitivity based on market volatility (Efficiency Ratio).

Changes color dynamically: green in uptrends, orange/red in downtrends.

Optional signals for price ↔ VIDYA crosses and slope-change detection.

Trend-Centered Standard Deviation Bands (SDs)

Bands built around VIDYA, at 0.5σ and 2.0σ from the VIDYA center.

Center and outer band fill shows expansion/contraction in volatility.

Bands adjust directionally with the VIDYA slope (different for uptrend vs. downtrend).

Chandelier Exit (Center Line Only)

A volatility-based trailing stop system using ATR.

The indicator plots the Chandelier Exit center line, color-coded by trend (green = bullish, red = bearish).

Helps define stop-loss zones and trend reversals.

MA75 (Selectable Baseline)

A baseline moving average (default length = 75), with selectable type: SMA, EMA, WMA, VWMA, HMA.

Optional trend-mode coloring:

Lime = Uptrend

Orange = Sideways

Red = Downtrend

Double ZigZag with HH/LL Labels

Two independent ZigZag layers with adjustable periods.

Detects higher highs (HH), lower highs (LH), higher lows (HL), and lower lows (LL).

Helps visualize swing structure and trend shifts.