Forward-Projecting Opportunity Cone [ChartPrime]🔶 OVERVIEW
In a market defined by uncertainty, the Forward-Projecting Opportunity Cone provides a mathematically grounded roadmap for price action. Instead of predicting a single direction, this tool uses historical volatility and standard deviation to project a "cone" of high-probability price boundaries into the future.
By calculating the Expected Move based on annualized volatility, the indicator visualizes where price is statistically likely to remain over a specified window, helping traders identify trend exhaustion, mean reversion opportunities, and low-probability "tail events."
🔶 THE MATHEMATICS OF PROBABILITY
The indicator operates on the principle of Standard Deviation ( σ (sigma)) applied to logarithmic returns. It calculates the annualized volatility of the asset and projects it forward using the "Square Root of Time" rule:
1σ Zone (68.2% Probability): The "Normal" range. Most price action occurs here.
2σ Zone (95.4% Probability): The "Exhaustion" range. Reaching these levels often suggests a significant move is underway or nearing a limit.
3σ Zone (99.7% Probability): The "Extreme" range. Price hitting the 3rd sigma is a rare event often followed by sharp mean reversion or "Black Swan" momentum.
🔶 THE COMMAND CENTER: DYNAMIC DASHBOARD
The integrated dashboard is designed to act as a real-time risk-assessment engine, providing deep insights into the asset's current "volatility health" and the structural parameters of the projection.
Annualized Volatility: Displays the raw percentage of the asset's movement potential over a year based on the current timeframe.
Volatility Percentile: Contextualizes current volatility by ranking it against the last 252 bars. It tells you if the market is currently "quiet" or "explosive" compared to its own history.
Volatility Regime: Automatically classifies the market into LOW (Teal), NORMAL (Violet), or HIGH (Amber) regimes, allowing you to adjust your strategy based on the current environment.
Sigma Distance & Direction: Tracks exactly how many standard deviations price has moved from the anchor point and whether it is trending above or below the mean.
Expected % Moves: Provides precise mathematical targets for 1 σ (sigma), 2 σ (sigma), and 3 σ (sigma) moves in percentage terms for your specific projection window.
Anchor Price: Displays the exact price level where the statistical model begins. This allows for pinpoint accuracy when measuring moves from a specific Pivot High or Low.
Projection Window: Shows the duration (in bars) that the current cone extends into the future, defining the specific time horizon for the probability model.
🔶 CORE VISUAL INDICATIONS
The Pivot-Anchor "Cone Lock": Unlike standard moving bands, this can anchor to a fixed structural point (Pivot High/Low). This allows you to measure the probability of a specific trend's lifecycle from its inception.
Real-Time Zone Tracking: The indicator provides active labels like "Inside 1 σ (sigma)" for stable trends or "Beyond 3 σ (sigma) ✦" to warn of extreme volatility blowouts.
Gradient Probability Mapping: The cone utilizes a fading visual engine. As the projection moves further into the future, the colors soften, representing the natural increase in market "entropy" and uncertainty over time.
🔶 TRADING APPLICATIONS
Mean Reversion: When price pierces the 3 σ (sigma) (Amber) zone , it is in a territory that occurs less than 1% of the time. This is a high-conviction signal to look for reversal setups.
Trend Stability: A healthy, institutional-led trend typically grinds along the 1 σ (sigma) (Teal) boundary . If price remains here, the trend is sustainable.
Mathematical Take-Profits: Use the 1 σ (sigma) and 2 σ (sigma) levels at the tip of the cone to set take-profit targets that are statistically realistic for the current market state.
🔶 CONCLUSION
The Forward-Projecting Opportunity Cone is more than a volatility band; it is a structural probability engine. By anchoring math to price action and providing a comprehensive dashboard of risk metrics, it helps traders remain objective, avoid chasing extremes, and understand exactly where "normal" ends and "opportunity" begins. Indicator
Supply & Demand: Cumulative Volume Delta Flow [ChartPrime]🔶 OVERVIEW
The Supply & Demand: CVD Flow indicator is a high-performance structural analysis tool that merges classic price-action Supply and Demand (S&D) zones with real-time order flow data.
Unlike traditional S&D indicators that only show price boxes, this tool embeds a Cumulative Volume Delta (CVD) Wave directly inside every active zone. This allows traders to see not just where the market turned, but the intensity of the volume delta that has accumulated within that zone since its creation.
🔶 CORE CONCEPT — VOLUME DELTA WITHIN STRUCTURE
Supply and Demand zones represent areas where a significant imbalance between buyers and sellers occurred.
Demand Zones: Created when a bearish "base" candle is followed by a high-momentum bullish breakout.
Supply Zones: Created when a bullish "base" candle is followed by a high-momentum bearish breakout.
By integrating CVD, the indicator tracks the net buying vs. selling volume (Delta) that occurs as price lives within or returns to these zones. This provides a "live" look at whether a zone is being defended by big players or if interest is fading.
🔶 THE CVD FLOW WAVE (POLYLINE ENGINE)
The standout feature of this indicator is the CVD Polyline Wave drawn inside the boxes:
Visualizing Order Flow: The wave oscillates within the zone's boundaries based on cumulative volume delta.
Demand CVD (Cyan): A rising wave suggests aggressive market buying is supporting the demand zone.
Supply CVD (Orange): A falling wave suggests aggressive market selling is reinforcing the supply zone.
Real-time Updates: The wave and the numerical CVD value in the label update dynamically with every bar, providing a clear view of the "Volume Flow" inside the structure.
🔶 SMART DETECTION & MITIGATION
To maintain technical accuracy and chart clarity, the script employs several advanced management logic:
ATR-Based Momentum: Breakouts are validated using a Momentum Multiplier . A zone is only formed if the breakout candle is significantly larger than the recent Average True Range (ATR), ensuring only high-conviction moves are captured.
Overlap Protection: The script automatically checks for redundant zones. If a new zone forms over an existing one, it filters the overlap to keep the chart clean.
Dynamic Mitigation: A Demand Zone is deleted instantly if price closes below its bottom (failed demand). A Supply Zone is deleted instantly if price closes above its top (failed supply).
🔶 INDICATOR INPUTS
ATR Length & Momentum Multiplier: Fine-tune the sensitivity of zone detection. Higher multipliers filter for "Power" breakouts.
Max Active Zones: Limits the number of zones displayed to prevent performance lag and visual clutter.
Custom Colors: Full control over zone fills, borders, and the internal CVD wave colors.
Show Signals: Toggle the "△" and "▽" markers that appear at the moment of breakout.
🔶 HOW TO USE
Zone Validation: When price returns to a Demand zone, look at the CVD label. If the CVD is strongly positive and the wave is rising, it indicates that buyers are actively defending the level.
Absorption Detection: If price is sitting in a Demand zone but the CVD wave is making lower lows, it may indicate "absorption"—where sellers are exhausting the available buy orders, potentially leading to a zone failure.
Targeting: Use Supply zones as logical take-profit areas for longs, and Demand zones for shorts, while using the internal CVD flow to judge if price is likely to bounce or break through.
🔶 CONCLUSION
Supply & Demand: CVD Flow represents a new evolution in structural trading. By moving beyond simple price boxes and incorporating a high-fidelity Cumulative Volume Delta engine, it gives traders an "X-ray" view of the order flow dynamics driving supply and demand.
It is an essential tool for traders who want to combine the reliability of market structure with the precision of volume-based order flow analysis. Indicator
DeltaPulse Wave [ChartPrime]🔶 OVERVIEW
DeltaPulse Wave is a high-contrast orderflow oscillator that visualizes institutional conviction and identifies market absorption through standardized Volume Delta analysis. By normalizing the net difference between aggressive buying and selling into a readable wave, this tool allows traders to spot trend exhaustion and high-probability reversals before they appear in the price action.
The indicator focuses on the relationship between price structure and volume delta, featuring automated divergence detection that connects price peaks to the underlying volume flow.
• Standardized Relative Delta Strength (RDS)
• NEW: Integrated Status Dashboard (Trend, Value, & Last Signal)
• NEW: On-Chart "Bull/Bear" Signal Triangles (force_overlay)
• Structural Divergence Detection (Price HH vs. Wave LH)
• Adjustable OB/OS Volatility Thresholds
• Price Chart & Oscillator Sync Lines
🔶 CORE CONCEPT — RELATIVE DELTA
Standard cumulative delta indicators often run off the chart or reset at arbitrary times. DeltaPulse solves this by normalizing the Delta into a fixed range (-50 to +50).
• Surge Intensity: The gradient fill expands as volume conviction increases, highlighting where "Smart Money" is most active.
• Neutral Equilibrium: The wave oscillates around a zero baseline, marking the shift between aggressive buyer and seller control.
🔶 INTEGRATED DASHBOARD
The script now features a customizable dashboard that provides real-time analytics without cluttering your workspace:
Current Wave: Tracks the exact RDS value in real-time.
Trend Status: Automatically identifies the prevailing market bias based on the zero-line crossover.
Last Divergence: Keeps a record of the most recent signal (Bullish or Bearish) for quick reference.
🔶 ADVANCED DIVERGENCES & MARKERS
The oscillator includes a sophisticated divergence engine that connects structural peaks and troughs.
On-Chart Labels: High-visibility triangles with "Bull" and "Bear" text are plotted directly on price bars (using force_overlay ), ensuring you never miss a signal while focusing on price action.
Filtering Logic: Only divergences with a minimum 5-bar gap are flagged, ensuring that only significant market shifts are identified.
Sync Lines: Solid lines are drawn on both the Price Chart and the Oscillator, making it easy to see when price is being "pushed" higher on lower volume (Absorption).
🔶 HOW TO USE
Absorption Reversals: Look for a Bearish Divergence (Red Triangle) at a major resistance zone. This signals that aggressive buying is decreasing even as price attempts to climb higher.
Trend Strength: A healthy trend should be accompanied by the wave holding above the OB Threshold (25) for bullish runs or below the OS Threshold (-25) for bearish runs. Check the Dashboard to confirm the "Bullish/Bearish" trend state.
Snap-Back Trades: When the wave reaches extreme levels (+/- 40), it signals an over-extension that often results in a mean-reversion move toward the zero baseline.
🔶 CONCLUSION
DeltaPulse Wave reveals the "hidden fuel" of every market move. By filtering out minor fluctuations and providing both an on-chart signal system and a data-rich dashboard, it provides traders with a reliable tool for identifying institutional participation and trend exhaustion.
Indicator
Swing Flow Indicator [ChartPrime]The Swing Flow Indicator is a trend-following indicator that uses pivot points to determine price direction and momentum. It calculates a midline from pivot highs and lows, and generates upper and lower bands to help visualize trend strength. The indicator adapts to changing market conditions, making it ideal for identifying trend strength, potential reversals, and periods of low momentum or sideways movement.
⯁ KEY FEATURES AND HOW TO USE
⯌ Midline with Dynamic Upper and Lower Bands :
The indicator plots a midline, calculated from pivot points, with upper and lower bands. During an uptrend, the lower band is displayed, while the upper band appears in a downtrend. This configuration helps traders visualize current trend direction and strength, making it easier to follow price flow.
Example of bands and trends visualization:
⯌ Trend Strength and Sideways Market Detection :
The indicator shows a label with an arrow and the percentage distance between the current price and the midline.
During an uptrend, if the price enters between the midline and the lower band, the arrow points to the right, signaling low momentum or a potential sideways market. Similarly, in a downtrend, if the price moves above the midline but below the upper band, the arrow points to the right. This feature helps traders detect low momentum periods and potential shifts in the market.
Low-momentum sideways market indicator on the chart:
⯌ Pivot Point Markers :
Traders can toggle pivot point markers on the chart to see significant high and low levels used to calculate the midline. These points can provide additional insight into market structure and potential areas of support and resistance.
Pivot points displayed on the chart as markers:
⯌ Trend Change Signals :
When the market trend changes, the indicator marks the chart with diamond icons and price labels at the level where the trend shifted. These markers help traders identify precise points of trend reversals, providing potential entry or exit signals in their strategy.
Example of trend change markers on the chart:
⯁ USER INPUTS
Length : Controls the number of bars used in the calculation of pivot points.
Bands Multiplier : Sets the multiplier for the distance between the midline and upper/lower bands.
Show High & Low Pivot Points : Toggle to display pivot points on the chart for a clearer view of market structure.
Color Customization : Allows users to customize colors for uptrend and downtrend bands.
⯁ CONCLUSION
The Swing Flow Indicator is a versatile tool for trend-following and market analysis, offering clear visual cues for trend direction, strength, and potential reversals. With features like dynamic trend bands, momentum labels, pivot point markers, and trend change signals, it equips traders to make informed decisions in dynamic market conditions. Indicator
Indicator
Zone Shift [ChartPrime]⯁ OVERVIEW
Zone Shift is a dynamic trend detection tool that uses EMA/HMA-based bands to determine trend shifts and plot key reaction levels. It highlights trend direction through colored candles and marks important retests with visual cues to help traders stay aligned with momentum.
⯁ KEY FEATURES
Dynamic EMA-HMA Band:
Creates a three-line channel using the average of an EMA and HMA for the midline, and expands it using average candle range to form upper and lower bounds. This band visually adapts to market volatility.
float ema = ta.ema(close, length)
float hma = ta.hma(close, length-40)
float dist = ta.sma(high-low, 200)
float mid = math.avg(ema, hma)
float top = mid + dist
float bot = mid - dist
Trend Detection (Band Cross Logic):
Detects an uptrend when the Low crosses above the top band.
Detects a downtrend when the High crosses below the bottom band.
Bars change color to lime for uptrends and blue for downtrends.
Trend Initiation Level:
At the start of a new trend, the indicator locks in the extreme point (low for uptrend, high for downtrend) and plots a dashed horizontal level, serving as a potential retest zone.
Trend Retest Signal:
If price crosses back over the Trend Initiation level in the direction of the trend, a diamond label (⯁) is plotted at the retest point — confirming that price is revisiting a key shift level.
Visual Band Layout:
Midline: Dashed line shows the average of EMA and HMA.
Top/Bottom: Solid lines showing dynamic thresholds above/below the midline.
These help visualize compression, expansion, and possible breakout zones.
Color-Based Candle Plotting:
Candles are recolored in real time according to the current trend, allowing instant visual alignment with the market’s directional bias.
Noise-Filtered Retests:
To avoid repetitive signals, retests are only marked if they occur more than 5 bars after the previous one — filtering out minor fluctuations.
⯁ USAGE
Use colored candles to align trades with the dominant trend.
Treat dashed trendStart levels as important support/resistance zones.
Watch for ⯁ diamond labels as confirmation of retests for continuation or entry.
Use band boundaries to assess trend strength and volatility expansion.
Combine with your existing setups to validate momentum and zone shifts.
⯁ CONCLUSION
Zone Shift helps traders visually capture trend changes and key reaction points with precision. By combining band breakouts with real-time retest signals and trend-colored candles, this tool simplifies the process of reading market structure shifts and identifying high-confluence entry areas. Indicator
RSI-Adaptive T3 + Squeeze Momentum Strategy✅ Strategy Guide: RSI-Adaptive T3 + Squeeze Momentum Strategy
📌 Overview
The RSI-Adaptive T3 + Squeeze Momentum Strategy is a dynamic trend-following strategy based on an RSI-responsive T3 moving average and Squeeze Momentum detection .
It adapts in real-time to market volatility to enhance entry precision and optimize risk.
⚠️ This strategy is provided for educational and research purposes only.
Past performance does not guarantee future results.
🎯 Strategy Objectives
The main objective of this strategy is to catch the early phase of a trend and generate consistent entry signals.
Designed to be intuitive and accessible for traders from beginner to advanced levels.
✨ Key Features
RSI-Responsive T3: T3 length dynamically adjusts according to RSI values for adaptive trend detection
Squeeze Momentum: Combines Bollinger Bands and Keltner Channels to identify trend buildup phases
Visual Triggers: Entry signals are generated from T3 crossovers and momentum strength after squeeze release
📊 Trading Rules
Long Entry:
When T3 crosses upward, momentum is positive, and the squeeze has just been released.
Short Entry:
When T3 crosses downward, momentum is negative, and the squeeze has just been released.
Exit (Reversal):
When the opposite condition to the entry is triggered, the position is reversed.
💰 Risk Management Parameters
Pair & Timeframe: BTC/USD (30-minute chart)
Capital (simulated): $30,00
Order size: `$100` per trade (realistic, low-risk sizing)
Commission: 0.02%
Slippage: 2 pips
Risk per Trade: 5%
Number of Trades (backtest period): 181
📊 Performance Overview
Symbol: BTC/USD
Timeframe: 30-minute chart
Date Range: January 1, 2024 – July 3, 2025
Win Rate: 47.8%
Profit Factor: 2.01
Net Profit: 173.16 (units not specified)
Max Drawdown: 5.77% or 24.91 (0.79%)
⚙️ Indicator Parameters
Indicator Name: RSI-Adaptive T3 + Squeeze Momentum
RSI Length: 14
T3 Min Length: 5
T3 Max Length: 50
T3 Volume Factor: 0.7
BB Length: 27 (Multiplier: 2.0)
KC Length: 20 (Multiplier: 1.5, TrueRange enabled)
🖼 Visual Support
T3 slope direction, squeeze status, and momentum bars are visually plotted on the chart,
providing high clarity for quick trend analysis and execution.
🔧 Strategy Improvements & Uniqueness
Inspired by the RSI Adaptive T3 by ChartPrime and Squeeze Momentum Indicator by LazyBear ,
this strategy fuses both into a hybrid trend-reversal and momentum breakout detection system .
Compared to traditional trend-following methods, it excels at capturing early trend signals with greater sensitivity .
✅ Summary
The RSI-Adaptive T3 + Squeeze Momentum Strategy combines momentum detection with volatility-responsive risk management.
With a strong balance between visual clarity and practicality, it serves as a powerful tool for traders seeking high repeatability.
⚠️ This strategy is based on historical data and does not guarantee future profits.
Always use appropriate risk management when applying it. Strategy
Parabolic RSI Strategy [ChartPrime × PineIndicators]This strategy combines the strengths of the Relative Strength Index (RSI) with a Parabolic SAR logic applied directly to RSI values.
Full credit to ChartPrime for the original concept and indicator, licensed under the MPL 2.0.
It provides clear momentum-based trade signals using an innovative method that tracks RSI trend reversals via a customized Parabolic SAR, enhancing traditional oscillator strategies with dynamic trend confirmation.
How It Works
The system overlays a Parabolic SAR on the RSI, detecting trend shifts in RSI itself rather than on price, offering early reversal insight with visual and algorithmic clarity.
Core Components
1. RSI-Based Trend Detection
Calculates RSI using a customizable length (default: 14).
Uses upper and lower thresholds (default: 70/30) for overbought/oversold zones.
2. Parabolic SAR Applied to RSI
A custom Parabolic SAR function tracks momentum within the RSI, not price.
This allows the system to capture RSI trend reversals more responsively.
Configurable SAR parameters: Start, Increment, and Maximum acceleration.
3. Signal Generation
Long Entry: Triggered when the SAR flips below the RSI line.
Short Entry: Triggered when the SAR flips above the RSI line.
Optional RSI filter ensures that:
Long entries only occur above a minimum RSI (e.g. 50).
Short entries only occur below a maximum RSI.
Built-in logic prevents new positions from being opened against trend without prior exit.
Trade Modes & Controls
Choose from:
Long Only
Short Only
Long & Short
Optional setting to reverse positions on opposite signal (instead of waiting for a flat close).
Visual Features
1. RSI Plotting with Thresholds
RSI is displayed in a dedicated pane with overbought/oversold fill zones.
Custom horizontal lines mark threshold boundaries.
2. Parabolic SAR Overlay on RSI
SAR dots color-coded for trend direction.
Visible only when enabled by user input.
3. Entry & Exit Markers
Diamonds: Mark entry points (above for shorts, below for longs).
Crosses: Mark exit points.
Strategy Strengths
Provides early momentum reversal entries without relying on price candles.
Combines oscillator and trend logic without repainting.
Works well in both trending and mean-reverting markets.
Easy to configure with fine-tuned filter options.
Recommended Use Cases
Intraday or swing traders who want to catch RSI-based reversals early.
Traders seeking smoother signals than price-based Parabolic SAR entries.
Users of RSI looking to reduce false positives via trend tracking.
Customization Options
RSI Length and Thresholds.
SAR Start, Increment, and Maximum values.
Trade Direction Mode (Long, Short, Both).
Optional RSI filter and reverse-on-signal settings.
SAR dot color customization.
Conclusion
The Parabolic RSI Strategy is an innovative, non-repainting momentum strategy that enhances RSI-based systems with trend-confirming logic using Parabolic SAR. By applying SAR logic to RSI values, this strategy offers early, visualized, and filtered entries and exits that adapt to market dynamics.
Credit to ChartPrime for the original methodology, published under MPL-2.0. Strategy
Gradient Trend Filter STRATEGY [ChartPrime/PineIndicators]This strategy is based on the Gradient Trend Filter indicator developed by ChartPrime. Full credit for the concept and indicator goes to ChartPrime.
The Gradient Trend Filter Strategy is designed to execute trades based on the trend analysis and filtering system provided by the Gradient Trend Filter indicator. It integrates a noise-filtered trend detection system with a color-gradient visualization, helping traders identify trend strength, momentum shifts, and potential reversals.
How the Gradient Trend Filter Strategy Works
1. Noise Filtering for Smoother Trends
To reduce false signals caused by market noise, the strategy applies a three-stage smoothing function to the source price. This function ensures that trend shifts are detected more accurately, minimizing unnecessary trade entries and exits.
The filter is based on an Exponential Moving Average (EMA)-style smoothing technique.
It processes price data in three successive passes, refining the trend signal before generating trade entries.
This filtering technique helps eliminate minor fluctuations and highlights the true underlying trend.
2. Multi-Layered Trend Bands & Color-Based Trend Visualization
The Gradient Trend Filter constructs multiple trend bands around the filtered trend line, acting as dynamic support and resistance zones.
The mid-line changes color based on the trend direction:
Green for uptrends
Red for downtrends
A gradient cloud is formed around the trend line, dynamically shifting colors to provide early warning signals of trend reversals.
The outer bands function as potential support and resistance, helping traders determine stop-loss and take-profit zones.
Visualization elements used in this strategy:
Trend Filter Line → Changes color between green (bullish) and red (bearish).
Trend Cloud → Dynamically adjusts color based on trend strength.
Orange Markers → Appear when a trend shift is confirmed.
Trade Entry & Exit Conditions
This strategy automatically enters trades based on confirmed trend shifts detected by the Gradient Trend Filter.
1. Trade Entry Rules
Long Entry:
A bullish trend shift is detected (trend direction changes to green).
The filtered trend value crosses above zero, confirming upward momentum.
The strategy enters a long position.
Short Entry:
A bearish trend shift is detected (trend direction changes to red).
The filtered trend value crosses below zero, confirming downward momentum.
The strategy enters a short position.
2. Trade Exit Rules
Closing a Long Position:
If a bearish trend shift occurs, the strategy closes the long position.
Closing a Short Position:
If a bullish trend shift occurs, the strategy closes the short position.
The trend shift markers (orange diamonds) act as a confirmation signal, reinforcing the validity of trade entries and exits.
Customization Options
This strategy allows traders to adjust key parameters for flexibility in different market conditions:
Trade Direction: Choose between Long Only, Short Only, or Long & Short .
Trend Length: Modify the length of the smoothing function to adapt to different timeframes.
Line Width & Colors: Customize the visual appearance of trend lines and cloud colors.
Performance Table: Enable or disable the equity performance table that tracks historical trade results.
Performance Tracking & Reporting
A built-in performance table is included to monitor monthly and yearly trading performance.
The table calculates monthly percentage returns, displaying them in a structured format.
Color-coded values highlight profitable months (blue) and losing months (red).
Tracks yearly cumulative performance to assess long-term strategy effectiveness.
Traders can use this feature to evaluate historical performance trends and optimize their strategy settings accordingly.
How to Use This Strategy
Identify Trend Strength & Reversals:
Use the trend line and cloud color changes to assess trend strength and detect potential reversals.
Monitor Momentum Shifts:
Pay attention to gradient cloud color shifts, as they often appear before the trend line changes color.
This can indicate early momentum weakening or strengthening.
Act on Trend Shift Markers:
Use orange diamonds as confirmation signals for trend shifts and trade entry/exit points.
Utilize Cloud Bands as Support/Resistance:
The outer bands of the cloud serve as dynamic support and resistance, helping with stop-loss and take-profit placement.
Considerations & Limitations
Trend Lag: Since the strategy applies a smoothing function, entries may be slightly delayed compared to raw price action.
Volatile Market Conditions: In high-volatility markets, trend shifts may occur more frequently, leading to higher trade frequency.
Optimized for Trend Trading: This strategy is best suited for trending markets and may produce false signals in sideways (ranging) conditions.
Conclusion
The Gradient Trend Filter Strategy is a trend-following system based on the Gradient Trend Filter indicator by ChartPrime. It integrates noise filtering, trend visualization, and gradient-based color shifts to help traders identify strong market trends and potential reversals.
By combining trend filtering with a multi-layered cloud system, the strategy provides clear trade signals while minimizing noise. Traders can use this strategy for long-term trend trading, momentum shifts, and support/resistance-based decision-making.
This strategy is a fully automated system that allows traders to execute long, short, or both directions, with customizable settings to adapt to different market conditions.
Credit for the original concept and indicator goes to ChartPrime. Strategy
Future Trend Channel [ChartPrime]The Future Trend Channel indicator is a dynamic tool for identifying trends and projecting future prices based on channel formations. The indicator uses SMA (Simple Moving Average) and volatility calculations to plot channels that visually represent trends. It also detects moments of lower momentum, indicated by neutral color changes in the channels, and projects future price levels for up to 50 bars ahead.
⯁ KEY FEATURES AND HOW TO USE
⯌ Dynamic Trend Channels :
The indicator draws channels when a trend is identified. It uses a combination of SMA and volatility to determine the direction and strength of the trend. Each channel is visualized with a specific color, where green indicates an uptrend and orange represents a downtrend.
Example of channels during uptrend and downtrend:
⯌ Momentum-Based Color Shifts :
The indicator adapts its channel colors based on momentum changes. When the starting point (Y1) of a channel is higher than its ending point (Y2) during an uptrend, the channel turns neutral, indicating lower momentum and a possible ranging market. The same applies in a downtrend, where the channel turns neutral if Y1 is lower than Y2.
Example of neutral momentum channels:
⯌ Future Price Projection :
At the end of each channel, the indicator generates a projected future price based on the midpoint of the channel. By default, this projection is made 50 bars into the future, but users can adjust the number of bars to their preference.
Example of future price projection:
⯌ Diamond Signals for Valid Trends :
Lime-colored diamonds appear when an uptrend channel is confirmed, while orange diamonds indicate valid downtrend channels. These signals confirm the presence of a strong trend and help identify valid entry and exit points. Neutral channels, which indicate lower momentum, do not show diamond signals.
Example of trend confirmation signals:
⯌ Customizable Settings :
Users can adjust the channel length (how far back the trend is analyzed) and the width (which determines the channel boundaries based on volatility). The future price projection can also be customized to forecast further or fewer bars into the future.
⯁ USER INPUTS
Trend Length : Sets the number of bars used to calculate the trend channels.
Channel Width : Adjusts the width of the channels, based on volatility (ATR multiplier).
Up and Down Colors : Allows customization of the colors used for uptrend and downtrend channels.
Future Bars : Sets the number of bars used for future price projection.
⯁ CONCLUSION
The Future Trend Channel indicator is a versatile tool for identifying and trading trends. With its ability to detect momentum shifts and project future prices, it provides traders with key insights for making more informed decisions. The use of diamond signals for trend validation adds an extra layer of confirmation, helping traders act with greater confidence during volatile or trending markets. Indicator
