OPEN-SOURCE SCRIPT
Trend Magic - Modulo Antirumore by G.I.N.e Trading
Trend Magic – Description and Optimization
Trend Magic is a trend-following indicator designed to filter out noise and avoid trades during sideways or choppy market conditions. It combines two elements:
CCI (Commodity Channel Index) – used to determine market momentum and direction.
ATR (Average True Range) – used to adjust sensitivity to volatility.
The indicator plots a dynamic line (often color-coded) that changes based on the CCI value:
If CCI is above 0, the line is set to Lower Band (suggesting a bullish environment).
If CCI is below 0, the line is set to Upper Band (suggesting a bearish environment).
This line acts as a trend confirmation filter, helping to ignore signals in non-trending or uncertain conditions.
Trend Magic is a trend-following indicator designed to filter out noise and avoid trades during sideways or choppy market conditions. It combines two elements:
CCI (Commodity Channel Index) – used to determine market momentum and direction.
ATR (Average True Range) – used to adjust sensitivity to volatility.
The indicator plots a dynamic line (often color-coded) that changes based on the CCI value:
If CCI is above 0, the line is set to Lower Band (suggesting a bullish environment).
If CCI is below 0, the line is set to Upper Band (suggesting a bearish environment).
This line acts as a trend confirmation filter, helping to ignore signals in non-trending or uncertain conditions.
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。
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。
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。