Trend detector HBS weekly v2.6

2024년 10월 3일

This indicator aims to detect trends in a more efficient way than the first version.

There is now a pending signal mechanism. It is a buffer of a maximum period of 2 candles to confirm the signal. During the pending period, the investor should assess the state of the market and context.

The indicator does not repaint!

It offers the following options:

• 
  Confluence bars (in fushia) which signals smart money activity and important event.
  Consolidation channels and boxes that tracks low volatility and compression before a big move.
  Breakout bars from both consolidation box and its related channel (in green)
  Show important liquidity levels where some big volumes have occurred.
  Draw SMA 50, 100 and 200. Besides a custom length that user can introduce.
  Show filtered swing highs and lows based on close signal.
  

2024년 10월 3일

릴리즈 노트

Minor corrections.

2024년 10월 3일

릴리즈 노트

Added a better wick handling for reversals.

2024년 10월 7일

릴리즈 노트

• Enhanced reversals based on in-house outside candles.
  
• Allow confirmation signal if next two candles do not close below the symmetry of lac level (strong support)
  

2024년 10월 15일

릴리즈 노트

Optimized swing entries.
Added lac symmetrical level.

2024년 10월 29일

릴리즈 노트

Fixed minor bugs at extreme signal reversals.

2024년 12월 6일

릴리즈 노트

Minor correction: If a candle closes below the low or above the high of a pending candle in the other direction, unconfirm the signal immediately.

2월 22일

릴리즈 노트

Added Start bar detection pattern.
Added immediate confirmation for some down bars.

2월 22일

릴리즈 노트

3std volume

7월 25일

릴리즈 노트

Added confluence signals and adjusted the pin down to be in the highest close of the last bars.

8월 10일

릴리즈 노트

Removed a plotshape used for debug.
Added Reversal bar code but not used yet.

8월 11일

릴리즈 노트

Added consolidation boxes drawing. Works well with confluence bars breakout.

8월 11일

릴리즈 노트

Removed lookback periods from inputs

8월 15일

릴리즈 노트

Added consolidation channels and breakout from them.