EZ Trends
- Indicators
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Guillermo Pineda
I'm a MQL4 and MQL5 developer with a focus on building robust, customizable trading Expert Advisors, Indicators and Scripts.
I'm actively expanding into quantitative trading and machine learning applications to optimize financial strategies. - Version: 1.0
- Activations: 10
EZ Trends is a precision trend detection indicator designed to make market structure shifts easier to spot in real time.
Using a unique EMA–HMA hybrid band system, it highlights trend direction with adaptive candle coloring, andplots reaction levels at the start of each new trend
The result is a practical tool that keeps traders aligned with momentum while filtering out market noise.
KEY FEATURES
Trend Detection Logic
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A three-line channel built from the average of an EMA and HMA (midline).
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Expands dynamically using average candle range to form upper and lower thresholds.
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Adapts instantly to volatility, showing compression, expansion, and breakout potential.
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Uptrend: triggered when price closes above the upper band.
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Downtrend: triggered when price closes below the lower band.
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Candles are automatically recolored (lime for uptrend, blue for downtrend) to give clear directional bias.
Trend Initiation Level
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At the start of each new trend, the indicator locks in the extreme pivot point (low for uptrend, high for downtrend).
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A dashed horizontal line is drawn to mark this level, acting as a potential retest or validation zone.
Visual Layout
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Midline: Dashed average of EMA and HMA.
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Top/Bottom: Solid adaptive thresholds.
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Combined with candle coloring, this layout gives an instant snapshot of both market direction and strength.
HOW TO USE
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Stay aligned with momentum: Trade in the direction of the candle color.
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Mark key zones: Use dashed Trend Initiation Levels as dynamic support/resistance.
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Read volatility shifts: Band expansion and compression help assess breakout conditions.
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Combine with your strategy: Works as both a standalone visual guide or a confirmation tool with your existing system.
