Smart Trend Catcher
- Utilità
- Muhammad Akhtar
- Versione: 1.0
key features of the Smart Trend Catcher Indicator
-
ATR-Based Trend Detection
Uses Average True Range (ATR) with a multiplier to identify market trends and volatility. -
SuperTrend Logic
Implements a SuperTrend-style algorithm to determine uptrend and downtrend levels. -
Custom Price Source Selection
Allows multiple price sources like Open, High, Low, Close, HL2, HLC3, OHLC4, etc. -
Trend Lines on Chart
Displays Uptrend (Green) and Downtrend (Red) lines directly on the chart. -
Trend Change Signals
Shows Buy and Sell arrows when the trend reverses. -
Trend Start Markers
Draws circle markers at the beginning of new trends. -
Trend Highlighter
Optional colored background fill to visually highlight bullish or bearish zones. -
Flexible Display Controls
Users can enable/disable lines, arrows, circles, and highlight zones. -
Adjustable ATR Calculation
Option to use Wilder’s RMA ATR or SMA ATR for different smoothing styles. -
Visual Trading Aid
Designed to help traders catch early trend changes and follow ongoing trends.
