OPEN-SOURCE SCRIPT

Alpha Trend Pro

27
The Alpha Trend Pro indicator is a trend-following tool designed to capture market direction using ATR-based dynamic thresholds and smoothing.

✨ Key Features:

ATR-based calculation: Uses Average True Range (ATR) with a multiplier to define bullish and bearish zones.
Adaptive trend line: Plots a dynamic line that shifts according to price movement, turning green for bullish trends and red for bearish trends.
Buy & Sell signals: Generates signals when the trend direction changes (from bearish to bullish or vice versa).
Background highlighting: Optionally colors the chart background to quickly visualize bullish (green) or bearish (red) conditions.
Customizable inputs: Traders can adjust ATR period, multiplier, smoothing factor, and source (close, hl2, etc.).
Alerts ready: Includes built-in alerts for buy signals, sell signals, and trend continuation (bullish or bearish).

📊 How to use it:

Look for BUY signals when the indicator flips from bearish to bullish.
Look for SELL signals when the indicator flips from bullish to bearish.
Use background shading and the trend line color for confirmation of ongoing market direction.
This makes Alpha Trend Pro a powerful yet simple tool for spotting trend reversals and managing trades with confidence.

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。