ATR Based TMA Bands [NeuraAlgo]

ATR-Based TMA Bands [NeuraAlgo]

ATR-Based TMA Bands is a volatility-adaptive channel system built around a smoothed Triangular Moving Average (TMA).
It identifies trend direction, momentum shifts, and reversal opportunities using a combination of TMA structure and ATR-driven channel expansion.

Perfect for traders who want a clean, intelligent, and adaptive market framework.
Made by NeuraAlgo.

🔷 How It Works
1. 🔹 TMA Midline (Core Trend)

The indicator builds a smooth and stable midline using:

1. 📐 Triangular Moving Average
   
2. 🔄 Additional EMA smoothing
   

This creates a low-noise trend curve that reacts cleanly to real momentum changes.

2. 📈 Volatility-Adjusted Bands
The channels are built from:

• 📊 Standard Deviation × Expansion Multiplier
  
• 📏 Three ATR-based outer layers
  

These bands:

• Expand in high volatility
  
• Contract in stable markets
  
• Reveal pullbacks, breakout zones, and exhaustion points
  

3. 🔁 Trend Tilt Algorithm
Slope is measured using an ATR-normalized tilt formula:

atrBase = ta.atr(smoothLen)
tilt = (midline - midline[1]) / (0.1 * atrBase)

This classifies the trend into:

• Bullish
  
• Bearish
  
• Neutral
  

The bar colors and midline adjust automatically to match market direction.

4. 🔄 Reversal Detection (Turn Signals)
The indicator flags directional flips:

1. Turn Up → bearish → bullish shift
   
2. Turn Down → bullish → bearish shift
   

These are early reversal alerts ideal for swing traders.

5. 🎯 Flip Buy / Flip Sell Signals
Deep volatility extensions create high-probability re-entry zones:

1. Flip Buy → price rebounds from oversold ATR zone
   
2. Flip Sell → price rejects from overbought ATR zone
   

Great for:

• Mean-reversion entries
  
• Trend re-tests
  
• Pullback trades
  
• Exhaustion signals
  

📌 How to Use This Indicator
✔ Trend Trading

1. Follow trend using tilt-colored candles
   
2. Use midline as dynamic trend filter
   
3. Use channels for breakout/pullback entries
   

✔ Reversal Trading

1. Watch for Turn Up / Turn Down labels
   
2. Flip signals show where the market is over-stretched
   

✔ Risk Management

1. ATR channels automatically adjust to volatility
   
2. Helps with smarter SL/TP placement
   

⭐ Best For

1. Trend traders
   
2. Swing traders
   
3. Reversal hunters
   
4. Volatility lovers
   

Anyone wanting a smart, clean technical framework

💡 Core Features

1. TMA-smoothed trend detection
   
2. Multi-layer ATR expansion channels
   
3. Intelligent trend tilt algorithm
   
4. Turn Up / Turn Down reversal markers
   
5. Flip Buy / Flip Sell exhaustion signals
   
6. Adaptive bar coloring
   
7. Clean and professional visual design