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Volume MAs Supertrend | Lyro RS

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📊 Volume MAs Supertrend | Lyro RS is an advanced trading tool that combines volume-adjusted moving averages with a dynamic Supertrend system. This indicator provides a robust framework for identifying market trends and entry/exit points.

✨ Key Features:
  • 📈 Volume-Weighted Moving Averages (VWMA): Integrates price and volume data to provide a more accurate moving average, allowing for better trend analysis.
  • 🔧 Multiple MA Types: Choose from SMA, EMA, WMA, VWMA, DEMA, TEMA, RMA, HMA, ALMA to suit your preferred trading strategy.
  • 📊 Dual-Multiplier Supertrend System: Uses ATR to dynamically calculate upper and lower bands for long and short trends, with distinct multipliers for each.
  • 🎨 Customizable Color Schemes: Choose from Classic, Mystic, Accented, and Royal color palettes or customize your own colors for bullish and bearish trends.
  • 🔍 Visual Enhancements: Color-coded Supertrend lines, candlesticks, and bars for quick trend identification.
  • Alert System: Alerts for long and short signals based on trend changes.


🔧 How It Works:
  • The Supertrend line is calculated using ATR over a user-defined period, with separate multipliers for long and short positions.
  • 📈 A bullish trend is signaled when the price crosses above the upper band, and a bearish trend is signaled when the price crosses below the lower band.
  • 🎨 The Supertrend line changes color to reflect trend direction, with candlesticks and bars matching the trend's color for visual clarity.


⚙️ Customization Options:
  • 🛠️ Moving Average Settings: Select your preferred moving average type (SMA, EMA, VWMA, etc.) and adjust the length for smoother or more responsive trend signals.
  • 📐 Supertrend Parameters: Define the ATR period and adjust multipliers to fine-tune sensitivity for long and short signals.
  • 🎨 Color Configuration: Choose from predefined color palettes or create your own custom scheme for trend signals.


📈 Use Cases:
  • ✅ Confirm market trends before entering trades.
  • 🚪 Identify potential entry/exit points as trend directions shift.
  • 👀 Visually analyze market conditions with color-coded candlesticks and bars.


⚠️ Disclaimer:
This indicator should not be used as a standalone tool for making trading decisions. Always combine with other forms of analysis and risk management practices.
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