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[AlgoFract Quant] True Trend Candles

[AlgoFract Quant] True Trend Candles — Redefining Charts
Highly trend-filtered, noise-reduced candlesticks that preserve what matters — real highs, lows, and closes.
Unlike Heikin-Ashi which modifies ALL OHLC values (making stops and targets unreliable), True Trend Candles smooth only the Open while keeping the actual price extremes intact. You get clean trend visualization WITHOUT sacrificing chart fidelity.
This is a PAID indicator, part of the [AlgoFract Quant] Suite.
🔗 Get Access:
AlgoFract.com
Whop Marketplace
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🔷 THE PROBLEM WITH TRADITIONAL CANDLES
Standard candlesticks flicker constantly — green candles appear randomly during clear downtrends, red candles interrupt obvious uptrends. This visual noise makes trend identification harder than it needs to be.
Heikin-Ashi solves noise but creates a bigger problem: ALL values are modified. You can't trust the highs and lows for stop placement or targets.
True Trend Candles gives you the best of both worlds and more.
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🔷 HOW IT WORKS
Philosophy: Smooth the Open, Preserve the Reality
The Open is the only static value in a candle — it's set at bar start and never changes. By smoothing only this value, we create cleaner trend visualization while keeping price action fidelity at the extremes.
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🔷 TRUE TREND VS HEIKIN-ASHI
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🔷 CANDLE STATES
Color transitions are smooth and deliberate — no random flickering. When the trend is down, you see consistent red. When it flips, the green is crisp and clear.
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🔷 FLAT-OPEN LEVELS
When a candle opens with no wick on one side, it marks a significant level:
They often signal the start of a new trend.
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🔷 HOW TO USE
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🔷 WHY TRUE TREND CANDLES?
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🔷 BEST FOR
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Part of the [AlgoFract Quant] Suite — Quantitative tools for data-driven traders.
🔗 algofract.com
Highly trend-filtered, noise-reduced candlesticks that preserve what matters — real highs, lows, and closes.
Unlike Heikin-Ashi which modifies ALL OHLC values (making stops and targets unreliable), True Trend Candles smooth only the Open while keeping the actual price extremes intact. You get clean trend visualization WITHOUT sacrificing chart fidelity.
This is a PAID indicator, part of the [AlgoFract Quant] Suite.
🔗 Get Access:
AlgoFract.com
Whop Marketplace
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔷 THE PROBLEM WITH TRADITIONAL CANDLES
Standard candlesticks flicker constantly — green candles appear randomly during clear downtrends, red candles interrupt obvious uptrends. This visual noise makes trend identification harder than it needs to be.
Heikin-Ashi solves noise but creates a bigger problem: ALL values are modified. You can't trust the highs and lows for stop placement or targets.
True Trend Candles gives you the best of both worlds and more.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔷 HOW IT WORKS
Philosophy: Smooth the Open, Preserve the Reality
- Open — Smoothed (reduces noise, stabilizes candle body)
- High — ACTUAL (unchanged — use for stops/targets)
- Low — ACTUAL (unchanged — use for stops/targets)
- Close — ACTUAL (unchanged — critical for signals)
The Open is the only static value in a candle — it's set at bar start and never changes. By smoothing only this value, we create cleaner trend visualization while keeping price action fidelity at the extremes.
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🔷 TRUE TREND VS HEIKIN-ASHI
- Stop Placement — TTC: Accurate ✓ | HA: Unreliable ✗
- Price Targets — TTC: Accurate ✓ | HA: Unreliable ✗
- Visual Clarity — TTC: High ✓ | HA: High ✓
- Chart Fidelity — TTC: Preserved ✓ | HA: Lost ✗
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🔷 CANDLE STATES
- 🟢 Green — Bullish trend state (Close > Smoothed Open)
- 🔴 Red — Bearish trend state (Close < Smoothed Open)
Color transitions are smooth and deliberate — no random flickering. When the trend is down, you see consistent red. When it flips, the green is crisp and clear.
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🔷 FLAT-OPEN LEVELS
When a candle opens with no wick on one side, it marks a significant level:
- Green Flat-Open — Open = Low → Strong Buying Pressure (buyers controlled from the start)
- Red Flat-Open — Open = High → Strong Selling Pressure (sellers controlled from the start)
They often signal the start of a new trend.
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🔷 HOW TO USE
- Trade with the color — Green = bullish bias, Red = bearish bias
- Enter on flips — Color change signals potential entry
- Watch flat-open levels — Trend-starting Potential
- Trust the wicks — They show ACTUAL price for stops/targets
- Combine with other tools — Use as a trend filter for other signals
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🔷 WHY TRUE TREND CANDLES?
- Noise-filtered — Clean, consistent color runs during trends
- Price fidelity — Real highs/lows preserved for accurate stops and targets
- Clear transitions — Reversals are crisp, not gradual
- Simple interpretation — Green = bullish, Red = bearish
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🔷 BEST FOR
- Traders frustrated by candle noise
- Anyone who needs accurate highs/lows for stop placement
- Trend-following strategies
- Using as a directional filter for other indicators
- Any timeframe — scalping to swing
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Part of the [AlgoFract Quant] Suite — Quantitative tools for data-driven traders.
🔗 algofract.com
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作者的說明
Get access by visiting our website: https://www.algofract.com/ Or visit our Marketplace: https://whop.com/algofract/algofract-quant
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這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可,通常需在付款後才能取得。更多詳情,請依照作者以下的指示操作,或直接聯絡AlgoFract。
TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Get access by visiting our website: https://www.algofract.com/ Or visit our Marketplace: https://whop.com/algofract/algofract-quant
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。