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[AlgoFract Quant] True Trend Candles

[AlgoFract Quant] True Trend Candles — Redefining Charts
Highly trend-filtered, noise-reduced candlesticks that preserve what matters — real highs, lows, and closes.
Unlike Heikin-Ashi which modifies ALL OHLC values (making stops and targets unreliable), True Trend Candles smooth only the Open while keeping the actual price extremes intact. You get clean trend visualization WITHOUT sacrificing chart fidelity.
This is a PAID indicator, part of the [AlgoFract Quant] Suite.
🔗 Get Access:
AlgoFract.com
Whop Marketplace
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🔷 THE PROBLEM WITH TRADITIONAL CANDLES
Standard candlesticks flicker constantly — green candles appear randomly during clear downtrends, red candles interrupt obvious uptrends. This visual noise makes trend identification harder than it needs to be.
Heikin-Ashi solves noise but creates a bigger problem: ALL values are modified. You can't trust the highs and lows for stop placement or targets.
True Trend Candles gives you the best of both worlds and more.
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🔷 HOW IT WORKS
Philosophy: Smooth the Open, Preserve the Reality
The Open is the only static value in a candle — it's set at bar start and never changes. By smoothing only this value, we create cleaner trend visualization while keeping price action fidelity at the extremes.
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🔷 TRUE TREND VS HEIKIN-ASHI
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🔷 CANDLE STATES
Color transitions are smooth and deliberate — no random flickering. When the trend is down, you see consistent red. When it flips, the green is crisp and clear.
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🔷 FLAT-OPEN LEVELS
When a candle opens with no wick on one side, it marks a significant level:
They often signal the start of a new trend.
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🔷 HOW TO USE
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🔷 WHY TRUE TREND CANDLES?
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🔷 BEST FOR
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Part of the [AlgoFract Quant] Suite — Quantitative tools for data-driven traders.
🔗 algofract.com
Highly trend-filtered, noise-reduced candlesticks that preserve what matters — real highs, lows, and closes.
Unlike Heikin-Ashi which modifies ALL OHLC values (making stops and targets unreliable), True Trend Candles smooth only the Open while keeping the actual price extremes intact. You get clean trend visualization WITHOUT sacrificing chart fidelity.
This is a PAID indicator, part of the [AlgoFract Quant] Suite.
🔗 Get Access:
AlgoFract.com
Whop Marketplace
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔷 THE PROBLEM WITH TRADITIONAL CANDLES
Standard candlesticks flicker constantly — green candles appear randomly during clear downtrends, red candles interrupt obvious uptrends. This visual noise makes trend identification harder than it needs to be.
Heikin-Ashi solves noise but creates a bigger problem: ALL values are modified. You can't trust the highs and lows for stop placement or targets.
True Trend Candles gives you the best of both worlds and more.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔷 HOW IT WORKS
Philosophy: Smooth the Open, Preserve the Reality
- Open — Smoothed (reduces noise, stabilizes candle body)
- High — ACTUAL (unchanged — use for stops/targets)
- Low — ACTUAL (unchanged — use for stops/targets)
- Close — ACTUAL (unchanged — critical for signals)
The Open is the only static value in a candle — it's set at bar start and never changes. By smoothing only this value, we create cleaner trend visualization while keeping price action fidelity at the extremes.
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🔷 TRUE TREND VS HEIKIN-ASHI
- Stop Placement — TTC: Accurate ✓ | HA: Unreliable ✗
- Price Targets — TTC: Accurate ✓ | HA: Unreliable ✗
- Visual Clarity — TTC: High ✓ | HA: High ✓
- Chart Fidelity — TTC: Preserved ✓ | HA: Lost ✗
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🔷 CANDLE STATES
- 🟢 Green — Bullish trend state (Close > Smoothed Open)
- 🔴 Red — Bearish trend state (Close < Smoothed Open)
Color transitions are smooth and deliberate — no random flickering. When the trend is down, you see consistent red. When it flips, the green is crisp and clear.
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🔷 FLAT-OPEN LEVELS
When a candle opens with no wick on one side, it marks a significant level:
- Green Flat-Open — Open = Low → Strong Buying Pressure (buyers controlled from the start)
- Red Flat-Open — Open = High → Strong Selling Pressure (sellers controlled from the start)
They often signal the start of a new trend.
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🔷 HOW TO USE
- Trade with the color — Green = bullish bias, Red = bearish bias
- Enter on flips — Color change signals potential entry
- Watch flat-open levels — Trend-starting Potential
- Trust the wicks — They show ACTUAL price for stops/targets
- Combine with other tools — Use as a trend filter for other signals
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🔷 WHY TRUE TREND CANDLES?
- Noise-filtered — Clean, consistent color runs during trends
- Price fidelity — Real highs/lows preserved for accurate stops and targets
- Clear transitions — Reversals are crisp, not gradual
- Simple interpretation — Green = bullish, Red = bearish
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🔷 BEST FOR
- Traders frustrated by candle noise
- Anyone who needs accurate highs/lows for stop placement
- Trend-following strategies
- Using as a directional filter for other indicators
- Any timeframe — scalping to swing
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Part of the [AlgoFract Quant] Suite — Quantitative tools for data-driven traders.
🔗 algofract.com
초대 전용 스크립트
이 스크립트는 작성자가 승인한 사용자만 접근할 수 있습니다. 사용하려면 요청 후 승인을 받아야 하며, 일반적으로 결제 후에 허가가 부여됩니다. 자세한 내용은 아래 작성자의 안내를 따르거나 AlgoFract에게 직접 문의하세요.
트레이딩뷰는 스크립트의 작동 방식을 충분히 이해하고 작성자를 완전히 신뢰하지 않는 이상, 해당 스크립트에 비용을 지불하거나 사용하는 것을 권장하지 않습니다. 커뮤니티 스크립트에서 무료 오픈소스 대안을 찾아보실 수도 있습니다.
작성자 지시 사항
Get access by visiting our website: https://www.algofract.com/ Or visit our Marketplace: https://whop.com/algofract/algofract-quant
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
초대 전용 스크립트
이 스크립트는 작성자가 승인한 사용자만 접근할 수 있습니다. 사용하려면 요청 후 승인을 받아야 하며, 일반적으로 결제 후에 허가가 부여됩니다. 자세한 내용은 아래 작성자의 안내를 따르거나 AlgoFract에게 직접 문의하세요.
트레이딩뷰는 스크립트의 작동 방식을 충분히 이해하고 작성자를 완전히 신뢰하지 않는 이상, 해당 스크립트에 비용을 지불하거나 사용하는 것을 권장하지 않습니다. 커뮤니티 스크립트에서 무료 오픈소스 대안을 찾아보실 수도 있습니다.
작성자 지시 사항
Get access by visiting our website: https://www.algofract.com/ Or visit our Marketplace: https://whop.com/algofract/algofract-quant
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.