trendY - Trend Signals & Smart Trailing Bands (Overl

13시간 전

trendY is a clean, responsive trend-following overlay built around ATR (Average True Range) - so it adapts automatically to changing volatility instead of using fixed, one-size-fits-none” levels. It plots dynamic trend bands directly on your chart, highlights directional shifts, and prints Buy / Sell labels exactly when the trend flips - making it easy to spot momentum transitions and manage trades with a logical trailing structure.
What it does


Builds volatility-adjusted trend bands using ATR.


Locks bands in the trend direction (reduces noise and whipsaws compared to naive channels).


Detects trend reversals and prints clear Buy (trend turns up) / Sell (trend turns down) signals.


Includes ready-to-use alerts for automation and fast execution.


Key features


Adaptive to market conditions: ATR-based logic expands/contract bands as volatility changes.


Clear trend visualization: Green band for uptrends, red band for downtrends.


Flip-based signals: Labels only appear when direction changes, not on every candle.


Works on any market & timeframe: Crypto, forex, stocks, indices - scalping to swing.


Customizable: Adjust ATR Period and ATR Multiplier to fit your instrument and style.


Alerts included: Buy, Sell, and Direction Change alerts supported.


How to use it effectively


Treat trend flips as directional bias shifts (not magic). Many traders use:


Buy = trend turns up → look for longs (especially with confirmation).


Sell = trend turns down → look for shorts / exits.




Use the plotted band as a dynamic trailing stop guide or trend invalidation” level.


For higher-quality setups, combine trendY with:


Structure (break of recent swing, support/resistance)


Volume or VWAP


A higher timeframe trend filter




Settings guide


ATR Period: Higher = smoother, fewer signals. Lower = faster, more signals.


ATR Multiplier: Higher = wider bands, fewer flips. Lower = tighter bands, more flips.


Alerts


Long Trend
Short Trend
Direction Change


Important note (read before trading real money)
This indicator is a decision-support tool, not a guarantee of profit. Markets can and will fake out trend systems - especially during ranging conditions or news spikes. Always use proper risk management and test settings on your instrument before relying on signals.

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