OPEN-SOURCE SCRIPT
Market Trend Levels Detector [BigBeluga]

Market Trend Levels Detector [BigBeluga] is an trend-following tool that utilizes moving average crossovers to identify key market trend levels. By detecting local highs and lows after EMA crossovers, the indicator helps traders track significant price zones and trend strength.
🔵Key Features:
EMA Crossover-Based Trend Levels Detection:
Dynamic Zone Levels:
Gradient Trend Band Visualization:
🔵Usage:
Market Trend Levels Detector [BigBeluga] is a must-have tool for traders looking to track market flow, key price levels, and trend momentum with dynamic visual cues. It provides a comprehensive approach to identifying high-probability trade setups using EMA-based flow detection and trend analysis.
🔵Key Features:
EMA Crossover-Based Trend Levels Detection:
- Uses a fast and slow EMA to detect market flow shifts.
- When the fast EMA crosses under the slow EMA, the indicator searches for the most recent local top and marks it with a label and horizontal level.
- When the fast EMA crosses over the slow EMA, it searches for the most recent local low and marks it accordingly.
Dynamic Zone Levels:
- Each detected high or low is plotted as a horizontal level, highlighting important price zones.
- Traders can extend these levels to observe how price interacts with them over time.
- If price crosses a level, its extension stops. Uncrossed levels continue expanding.
Gradient Trend Band Visualization:
- The trend band is formed by shading the area between the two EMAs.
- Color intensity varies based on volatility and trend strength.
- Strong trends and high volatility areas appear with more intense colors, making trend shifts visually distinct.
🔵Usage:
- Trend Identification: Use EMA crossovers and trend bands to confirm bullish or bearish momentum.
- Key Zone Mapping: Observe local high/low levels to track historical reaction points.
- Breakout & Rejection Signals: Monitor price interactions with extended levels to assess potential breakouts or reversals.
- Volatility Strength Analysis: Use color intensity in the trend band to gauge trend power and possible exhaustion points.
- Scalping & Swing Trading: Ideal for both short-term scalping strategies and larger swing trade setups.
Market Trend Levels Detector [BigBeluga] is a must-have tool for traders looking to track market flow, key price levels, and trend momentum with dynamic visual cues. It provides a comprehensive approach to identifying high-probability trade setups using EMA-based flow detection and trend analysis.
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
🔵Gain access to our powerful tools : bigbeluga.com
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
🔵Gain access to our powerful tools : bigbeluga.com
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。