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Multi Pivot Trend [BigBeluga]

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🔵 OVERVIEW
The Multi Pivot Trend [BigBeluga] is an advanced market-structure-driven trend engine that evaluates trend strength by scanning multiple pivot breakouts simultaneously.
Instead of relying on a single swing length, it tracks breakouts across ten increasing pivot lengths — then averages their behavior to produce a smooth, reliable trend reading.
Mitigation logic (close, wick, or HL2 touches) controls how breakouts are confirmed, giving traders institutional-style flexibility similar to BOS/CHoCH validation rules.

This indicator not only colors candles based on trend strength, but also extends trend strength and volatility-scaled projection candles to show where trend pressure may expand next.
Pivot breakout lines and labels mark key changes, making the trend transitions extremely clear.

🔵 CONCEPTS
  • Market trend strength is reflected by multiple pivot breakouts, not just one.
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  • The indicator analyzes ten pivot structures from smaller to larger swings.
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  • Each bullish or bearish pivot breakout contributes to trend score.
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  • Mitigation options (close / wick / HL2) imitate smart-money breakout confirmation logic.
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  • Trend score is averaged and translated into colors and extension bars.
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  • Neutral regime ≈ weak trend or transition zone (trend compression).
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🔵 FEATURES
  • Multi-Pivot Engine — tracks 10 pivot-based trend signals simultaneously.
  • Mitigation Modes:
    • Close — breakout requires candle close beyond pivot
    • Wicks — breakout requires wick violation
    • HL2 — breakout confirmed when average (H+L)/2 crosses level
  • Dynamic Color System:
    • Blue → confirmed bullish rotation
    • Red → confirmed bearish rotation
    • Orange → neutral / transition state
  • Breakout Visualization — draws pivot breakout lines in real-time.
  • Trend Labels — prints trend %.
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  • Trend Volatility-Scaled Extension Candles — ATR/trend strength based candle projections show momentum continuation strength.
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  • Gradient Pivot Encoding — higher pivot lengths = deeper structure considered.
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🔵 HOW TO USE
  • Use strong blue/red periods to follow dominant structural trend.
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  • Watch for color transition into orange — possible trend change or consolidation.
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  • Pivot breakout lines help validate structure shifts without clutter.
  • Wick mitigation catches aggressive liquidity-sweep based breaks.
  • Close/HL2 mitigation catches cleaner market structure rotations.
  • Extension bars visualize trend pressure — large extensions = strong push.
  • Best paired with volume or volatility confirmation tools.


🔵 CONCLUSION
The Multi Pivot Trend [BigBeluga] is a structural trend recognition system that blends multiple pivot breakouts into one clean trend score — with institutional-style mitigation logic and volatility-projected trend extensions.
It gives traders a powerful, visually intuitive way to track momentum, spot trend rotations early, and understand true structural flow beyond simple MA-based approaches.
Use it to stay aligned with the dominant swing direction while avoiding noise and false flips.

Penafian

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