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Trend Detector by Firozstar V 1.0
You can use this professional description:
Trend Detector by Firozstar V 1.0 (TDFS) is a momentum-based trend indicator designed to provide a simple visual representation of market direction and momentum strength.
The indicator calculates the difference between a fast and slow moving average and normalizes the resulting value to provide consistent trend interpretation.
The indicator uses three distinct market states:
• Bullish Trend: The trend line moves above the upper threshold and is displayed in green.
• Bearish Trend: The trend line moves below the lower threshold and is displayed in red.
• Neutral Zone: The trend line remains between the upper and lower thresholds and is displayed in grey.
By default, the indicator uses 12-period and 26-period exponential moving averages (EMA), with customizable moving average types, periods, and trend thresholds.
Key Features:
• Simple trend and momentum visualization
• Bullish, bearish, and neutral market identification
• Customizable upper and lower trend thresholds
• Support for EMA and SMA calculations
• Color-coded trend line for easier interpretation
• Neutral zone highlighting
• Alert conditions for bullish, bearish, and neutral trend transitions
TDFS is designed to help traders visually evaluate momentum and identify changes in market direction. It can be used across different instruments and timeframes.
Disclaimer: This indicator is intended for educational and analytical purposes only. It does not constitute financial or investment advice. Users should perform their own analysis and use appropriate risk management before making trading decisions.
Trend Detector by Firozstar V 1.0 (TDFS) is a momentum-based trend indicator designed to provide a simple visual representation of market direction and momentum strength.
The indicator calculates the difference between a fast and slow moving average and normalizes the resulting value to provide consistent trend interpretation.
The indicator uses three distinct market states:
• Bullish Trend: The trend line moves above the upper threshold and is displayed in green.
• Bearish Trend: The trend line moves below the lower threshold and is displayed in red.
• Neutral Zone: The trend line remains between the upper and lower thresholds and is displayed in grey.
By default, the indicator uses 12-period and 26-period exponential moving averages (EMA), with customizable moving average types, periods, and trend thresholds.
Key Features:
• Simple trend and momentum visualization
• Bullish, bearish, and neutral market identification
• Customizable upper and lower trend thresholds
• Support for EMA and SMA calculations
• Color-coded trend line for easier interpretation
• Neutral zone highlighting
• Alert conditions for bullish, bearish, and neutral trend transitions
TDFS is designed to help traders visually evaluate momentum and identify changes in market direction. It can be used across different instruments and timeframes.
Disclaimer: This indicator is intended for educational and analytical purposes only. It does not constitute financial or investment advice. Users should perform their own analysis and use appropriate risk management before making trading decisions.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.