OPEN-SOURCE SCRIPT
Updated Trend Analyzer by erdensedat
Trend Analyzer by erdensedat is a comprehensive "all-in-one" technical analysis engine built for smart money concepts (SMC) and kinetic trend following. It helps traders by visually presenting the most crucial price action features on the chart, reducing clutter while providing deep market insights.
Key Features & How It Helps:
Liquidity Imbalances (FVG): It automatically draws Fair Value Gaps on your chart. When price fills them, they can act as support/resistance.
Institutional Blocks (OB & RB): It spots Order Blocks and Rejection Blocks (wicks). When price returns to these zones, it often signals a high-probability reversal.
Kinetic Core & Early Impulse: It calculates momentum shifts in the market. The "Impulse" triangles tell you exactly when sudden momentum enters the market.
Market Structure (BOS / CHoCH): It automatically labels Break of Structure and Change of Character, helping you stay on the right side of the market trend.
Liquidity Sweeps & MTF Levels: It grabs Higher Timeframe (Daily/Weekly/Monthly) highs and lows. If price grabs liquidity from these levels, it highlights the "Liquidity Sweep" area.
Terminal Dashboard: It features a data-rich UI panel displaying the live status of RSI, MFI, Momentum, Volatility, and live Trade Risk/Reward.
Key Features & How It Helps:
Liquidity Imbalances (FVG): It automatically draws Fair Value Gaps on your chart. When price fills them, they can act as support/resistance.
Institutional Blocks (OB & RB): It spots Order Blocks and Rejection Blocks (wicks). When price returns to these zones, it often signals a high-probability reversal.
Kinetic Core & Early Impulse: It calculates momentum shifts in the market. The "Impulse" triangles tell you exactly when sudden momentum enters the market.
Market Structure (BOS / CHoCH): It automatically labels Break of Structure and Change of Character, helping you stay on the right side of the market trend.
Liquidity Sweeps & MTF Levels: It grabs Higher Timeframe (Daily/Weekly/Monthly) highs and lows. If price grabs liquidity from these levels, it highlights the "Liquidity Sweep" area.
Terminal Dashboard: It features a data-rich UI panel displaying the live status of RSI, MFI, Momentum, Volatility, and live Trade Risk/Reward.
Release Notes
Update Log:Added Premium, Equilibrium & Discount Zones: Introduced a new optional visual engine that highlights key institutional pricing ranges based on user-defined lookback periods.
Smart SMC Logic Integration: The Premium, Equilibrium, and Discount levels are precisely calculated using industry-standard Smart Money Concepts (SMC) ratios to accurately determine overvalued and undervalued market areas.
Customizable Zone Visuals:
Premium Zone is highlighted in a transparent red box.
Equilibrium Zone is highlighted in a transparent gray box.
Discount Zone is highlighted in a transparent green box.
All zones feature right-aligned, color-coordinated labels for clean chart readability.
Full Range Background Highlighter: Added an optional transparent white background box that wraps the entire evaluated range, visually separating the analyzed market segment from the rest of the chart.
Optimized Settings: This entire feature is located in its own settings group ("Premium & Discount Range") and is turned off by default to maintain a clean chart out-of-the-box. Users can easily toggle the zones, adjust the lookback length, and fully customize all background and box colors.
Release Notes
.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.