Deviation Trend Profile MT4 Scanner

Deviation Trend Profile Scanner (DTPS) - An indicator that detects trend direction, gauges volatility, and organises information from several symbols / timeframes in one table. It applies a configurable moving average, adaptive standard‑deviation zones, and a distribution histogram to present a concise, statistics‑based view of price behaviour.

The indicator combines three components:

• Moving average (MA)

• Standard‑deviation zones (±1, ±2, ±3 × ATR)

• Trend Distribution Profile (histogram)

2. Core concepts

• MA slope (|Slope| > 0.1): Detects trend changes — positive = Bullish, negative = Bearish
• Standard‑Deviation bands (±1 / ±2 / ±3) × ATR: Measured from the MA, forming a volatility “funnel”
• MA: The trend baseline; choose from SMA, EMA, SMMA, LWMA, RMA, HMA, WMA, or VWMA. All MA parameters are user‑configurable.
• Distribution histogram: Counts how often the close falls into each deviation zone during the trend.
• Scanner: Scans trends across symbols and timeframes, displaying results in a table (enable/disable in the Input tab).

3. Key parameters

• MA method — choose SMA, EMA, SMMA, LWMA, RMA, HMA, WMA, or VWMA.

• Deviation multipliers — set individual values for the ±1, ±2, ±3 bands.

• Visibility options — enable or disable lines, histograms, and scanner from the Inputs tab.

• Trend markers — up / down dots highlight the most recent change in MA slope (confirmed on bar close).

Note: Monitoring too many symbols or timeframes at once may slow terminal start‑up.

1. Observe trend markers to see current direction or a recent reversal.

2. Cross‑check timeframes with the scanner to confirm consistency.

3. Review distribution:

   • Wider clustering in the outer bands (±2 / ±3) indicates sustained momentum.

   • Clustering near the MA suggests reduced directional strength.

4. Plan trade management according to personal rules and risk limits.