Trend vs Range Detector

Markets often oscillate between trend phases and range-bound consolidations. Accurately identifying which environment you're in can dramatically improve your strategy's performance — whether you're a breakout trader, trend follower, or mean reversion specialist.

This Pine Script helps do exactly that — with zero clutter, no chart overlays, and a simple, clean table at the top-right corner telling you one thing:
👉 Is the market trending or range-bound?

⚙️ How It Works
The script uses two core metrics to classify the market environment:

1. Slope Sensitivity of Moving Average
A simple moving average (default: 50-period) is used.

The absolute slope of the moving average is calculated.

If the slope exceeds a user-defined sensitivity value, it indicates directional momentum.

2. ATR-to-Price Range Ratio
Measures volatility by comparing Average True Range (ATR) to the total high-low price range over the same period.

A higher ATR relative to the range indicates directional volatility — a trending behavior.

A low ratio signals a choppy or sideways market.

If both conditions are met, the table displays "Trending." If either condition fails, it shows "Range-Bound."

🧠 Why This Matters
Trend Traders: Know when to lean into momentum plays.

Mean Reversion Traders: Avoid whipsaw conditions or capitalize on sideways action.

Volatility Filters: Use this signal to apply different strategies to different market types.

🛠️ User Controls
Moving Average Length: Adjust trend sensitivity by length (default: 50)

Slope Sensitivity: Tune how steep a trend needs to be to qualify

ATR/Range Threshold: Calibrate what defines a volatile enough trend move

Toggle Table On/Off: Keep the chart clean if needed

🧼 Clean Visuals
No lines, no bands, no background colors.

Just a concise table in the top-right corner.

Perfect for scalpers, swing traders, or overlaying on busy strategies.

🔄 Real-Time + Historical
The script dynamically updates with every bar, so it works in real time and shows accurate historical context across any symbol or timeframe.

If you’re someone who wants a minimalist yet powerful insight into market context, this tool can be a game-changer.