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STMD Indicator PRO

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The STMD Indicator PRO is designed for traders looking to capture strong trends using moving average alignment and the powerful Elephant Bar pattern, popularized by Oliver Velez.

📋 How it works?
✔ Simple Moving Averages:

SMA 8 (Black)

SMA 13 (Purple)

SMA 20 (Blue)

SMA 200 (Red, optional filter)

✔ Signal conditions:

All SMAs aligned and trending in the same direction

Price near the short-term SMAs

A strong candle (Elephant Bar) with a big body and small opposite wick

Signal only on the first or second consecutive candle of the same color

✅ Features
✔ Background color showing trend bias
✔ Alerts ready: STMD Buy and STMD Sell
✔ Optional SMA 200 filter for higher timeframe confirmation

📌 Disclaimer: This script is for educational purposes only. Not financial advice.

發行說明
STMD Indicator PRO – Professional Setup
The STMD Indicator PRO is designed for traders looking to capture strong trends using moving average alignment and the powerful Elephant Bar pattern, popularized by Oliver Velez.

📋 How it works?
✔ Simple Moving Averages:

SMA 8 (Black)

SMA 13 (Purple)

SMA 20 (Blue)

SMA 200 (Red, optional filter)

✔ Signal conditions:

All SMAs aligned and trending in the same direction

Price near the short-term SMAs

A strong candle (Elephant Bar) with a big body and small opposite wick

Signal only on the first or second consecutive candle of the same color

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