Algo Trend TP — Multi-System Trend Indicator

**Algo Trend TP** is a complete all-in-one trend analysis system that combines several professional tools into one powerful indicator.
It delivers a full multi-layer view of market direction, precise buy/sell signals, and automatic TP & SL levels for smarter trade management.

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#### ⚙️ **Core Components**

1. **Heikin Ashi Visualization**

* Displays smooth Heikin Ashi candles integrated into the chart.
* Dynamic candle coloring based on current trend direction (bullish/bearish).

2. **EMA Trend Cloud**

* Includes 5 EMAs (9, 21, 55, 100, 200, 300).
* Creates a trend “cloud” highlighting direction and strength.
* Automatically changes colors between bullish and bearish phases.

3. **Half Trend Filter**

* Confirms market direction and filters false signals.
* Detects wave shifts and smooths short-term volatility.

4. **SuperTrend + Signal Engine**

* Generates smart **Buy/Sell** signals based on ATR-driven SuperTrend logic.
* Signals are validated by the active EMA trend color for higher accuracy.

5. **TP & SL Auto-Levels**

* Automatically calculates Take Profit and Stop Loss levels using fractal highs/lows.
* Displays target labels and guide lines directly on the chart for clarity.

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#### 🎯 **Key Features**

* Elegant, easy-to-read design for all timeframes.
* Combines short-, medium-, and long-term trend detection.
* Generates highly filtered trade signals with multi-factor confirmation.
* Integrated trade management (TP1, TP2, TP3, and SL).
* Fully customizable color themes and style options.

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#### 💡 **Usage Tips**

* Best used on higher timeframes (1H, 4H, or 1D) for strong, reliable signals.
* Wait for alignment between candle color, EMA cloud, and Half Trend before entering.
* Combine with momentum or volume indicators (e.g., RSI, VWAP) for extra confirmation.

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**By:** *Alrussi*
**Version:** 6.0
**Category:** Trend • Signal • Management

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