Smart Trail Signals NO CONDITIONS

Smart Trail Signals Indicator
Overview
This is a trend-following indicator that uses a dynamic trailing stop system to identify bullish and bearish trends. It adapts to market volatility using ATR (Average True Range) and provides visual signals when the trend direction changes.
Core Components
Smart Trail System:

Calculates dynamic support (trail_up) and resistance (trail_down) levels
Adjusts trail levels based on price movement and volatility
Maintains trend direction until price crosses the opposite trail level

Key Parameters:

Length (14): Period for ATR calculation
Multiplier (2.0): Distance of trail from price relative to ATR
Sensitivity (1-5): Fine-tunes how quickly the trail adapts to price changes

How It Works

Trend Detection: Monitors whether price is above the support trail (bullish) or below the resistance trail (bearish)
Trail Movement:

In uptrends: Support trail rises with price but never decreases
In downtrends: Resistance trail falls with price but never increases


Signals: Diamond shapes appear when trend flips:

Green diamond below bar = bullish trend change
Red diamond above bar = bearish trend change


Visual Aids:

Trail line changes color (lime for uptrend, red for downtrend)
Candles colored green (bullish), red (bearish), or gray (neutral)



Best Use Cases

Identifying trend reversals on any timeframe
Following strong directional moves
Setting dynamic stop-loss levels
Works 24/7 on all instruments (stocks, crypto, forex)
RetryClaude can make mistakes. Please double-check responses. Sonnet 4.5