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Dynamic Trend Bands (DTB)

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Description:
Dynamic Trend Bands (DTB) is a volatility-based range filter combined with multiple trend confirmation tools to detect and visualize market direction and possible reversals.

Features:

Range Filter: Identifies potential highs/lows and filters out market noise.

Trend Strength: Integrated ADX to validate trend momentum.

VIDYA Bands + ATR: Detects breakout conditions using variable adaptive moving averages and volatility bands.

EMA 200 Filter: Determines long-term trend direction.

Auto Buy/Sell Labels: Generates clear entry and exit signals.

Alerts: Ready-to-use alert conditions for automated notifications.

Recommended Use:

Timeframe: 4H (works on other timeframes as well)

Markets: BTC, ETH, major altcoins, and traditional assets.

Advantages:

Combines short-term and long-term trend detection.

Filters out false signals in choppy markets.

Visual and alert-based trade setups for easier execution.



//version=6
// ─────────────────────────────────────────────────────────────────────────────
// Title: Dynamic Trend Bands (DTB) + Auto Buy/Sell + EMA 200 + ADX + VIDYA
//
// Description:
// Dynamic Trend Bands (DTB) is a volatility-based range filter combined with
// multiple trend confirmation tools to detect and visualize market direction
// and possible reversals.
//
// Features:
// - Range Filter: Identifies potential highs/lows and filters out market noise.
// - Trend Strength: Integrated ADX to validate trend momentum.
// - VIDYA Bands + ATR: Detects breakout conditions using variable adaptive moving averages and volatility bands.
// - EMA 200 Filter: Determines long-term trend direction.
// - Auto Buy/Sell Labels: Generates clear entry and exit signals.
// - Alerts: Ready-to-use alert conditions for automated notifications.
//
// Recommended Use:
// - Timeframe: 4H (works on other timeframes as well)
// - Markets: BTC, ETH, major altcoins, and traditional assets.
//
// Advantages:
// - Combines short-term and long-term trend detection.
// - Filters out false signals in choppy markets.
// - Visual and alert-based trade setups for easier execution.
// ───────────────────────────────────────────

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