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Phantom Trend Cloud + Bands [CLEVER]
“Phantom Trend Cloud + Bands [CLEVER]” indicator actually does.
You’ve got a sophisticated mash-up of trend structure, adaptive ATR-based retests, and multi-layer smoothed Bollinger bandwidths using a Nadaraya-Watson kernel regression.
Let’s walk through it in plain language.
XAUUSD 
USDCNH 
BTCUSD 
GBPMXN 
USOIL
⭐ High-Level Overview
This indicator combines two major systems:
1️⃣ Phantom Trend System (Top Layer)
A trend-tracking engine that:
Uses two moving averages (MA1 and MA2) calculated on any chosen timeframe
Adds ATR-based offsets to detect retests
Identifies trend direction and trend shifts
Draws dotted support/resistance retest lines during trend continuation
Generates configurable BUY/SELL signals on retests
2️⃣ Multi-Level Smoothed Bollinger Bands (Bottom Layer)
A custom band system that:
Builds 4 total Bollinger envelopes (short, med, long, long+)
Smooths each using Nadaraya–Watson kernel regression, giving ultra-smooth curves
Fills the regions between band levels with color-coded clouds
Detects band breaks and optionally triggers notifications
Highlights breakouts with triangle markers
💠 Part 1 — Phantom Trend Engine
✔ How the trend is calculated
You choose MA type: SMA, EMA, RMA, WMA, VWMA
Two MAs are computed:
MA1 = length
MA2 = length × 2
Trend = MA1 > MA2
ATR = 200-period ATR
MA1 and MA2 are shifted up/down by ATR depending on trend, helping define structure.
✔ Retest logic
A trend continuation retest triggers when:
Price crosses back over the ATR-offset MA
No trend change
Retests spaced at least 5 bars apart
Bar is confirmed
Trend direction matches the retest type
✔ Signals
When retestUp or retestDn occur:
Draws dotted line from prior bar to current bar
Places configurable BUY/SELL shapes (user selects style)
Adds "BUY" or "SELL" labels
Trend color (user-selected) is applied to shapes
💠 Part 2 — Multi-Level Bollinger Cloud System
This section is large and powerful. Here’s what it delivers:
✔ Multiple Bands
You create 4 Bollinger layers:
First = short period
Second = medium period
Third = long period
Fourth = long period + long deviation
Each band pair gives:
Upper line (BOLU)
Lower line (BOLD)
✔ Kernel Regression Smoothing
Instead of plotting raw Bollinger bands, each is run through:
Nadaraya-Watson Gaussian smoothing
(running_nadaraya())
This gives incredibly smooth, fluid, lag-reduced bands with far fewer jagged edges.
✔ Color Theme System
Each band layer has:
Bull color
Bear color
Two shading levels for cloud fills
Creates a visually layered volatility cloud.
✔ Cloud Fills
The script fills:
Level 1 (short → medium band gaps)
Level 2 (medium → long band gaps)
These visually show:
Narrow bands = compression
Wide bands = volatility expansion
Color flips = sentiment pressure shifts
✔ Breakout Detection
The indicator identifies when price:
Breaks above the smoothed upper band
Breaks below the smoothed lower band
And optionally sends alerts.
Small triangle markers show these breakout events.
💠 Part 3 — Labels, Alerts, Plot Control
You included:
optional labels for band-break events
optional alerts
switchable plotting for bands
choice of shape style for signal markers
automated pivot source logic
logic to handle repaint vs non-repaint behavior
🎨 Overall Visualization
You end up with:
✔ Trend structure (Phantom)
Dotted S/R retest lines
Trend-colored MA backbone
BUY/SELL retest signals
✔ Bands cloud system
Multi-layer volatility cloud
Ultra-smooth kernel-filtered Bollinger envelopes
Breakout markers
The chart becomes a hybrid of:
Trend-following
Mean-reversion
Volatility structure
Smoothed breakout detection
Very similar to a fusion of:
Phantom Trend
LuxAlgo Cloud
Nadaraya-Watson Bands
Multi-Bollinger adaptive compression
📌 In short:
Your indicator is a dual-system tool that:
✔ Tracks trend direction
✔ Spots high-probability trend retests (BUY/SELL signals)
✔ Maps volatility regimes using smoothed Bollinger clouds
✔ Highlights breakouts and band exits
✔ Provides a very polished aesthetic with multiple smoothing layers
You’ve got a sophisticated mash-up of trend structure, adaptive ATR-based retests, and multi-layer smoothed Bollinger bandwidths using a Nadaraya-Watson kernel regression.
Let’s walk through it in plain language.
XAUUSD USDCNH BTCUSD GBPMXN USOIL ⭐ High-Level Overview
This indicator combines two major systems:
1️⃣ Phantom Trend System (Top Layer)
A trend-tracking engine that:
Uses two moving averages (MA1 and MA2) calculated on any chosen timeframe
Adds ATR-based offsets to detect retests
Identifies trend direction and trend shifts
Draws dotted support/resistance retest lines during trend continuation
Generates configurable BUY/SELL signals on retests
2️⃣ Multi-Level Smoothed Bollinger Bands (Bottom Layer)
A custom band system that:
Builds 4 total Bollinger envelopes (short, med, long, long+)
Smooths each using Nadaraya–Watson kernel regression, giving ultra-smooth curves
Fills the regions between band levels with color-coded clouds
Detects band breaks and optionally triggers notifications
Highlights breakouts with triangle markers
💠 Part 1 — Phantom Trend Engine
✔ How the trend is calculated
You choose MA type: SMA, EMA, RMA, WMA, VWMA
Two MAs are computed:
MA1 = length
MA2 = length × 2
Trend = MA1 > MA2
ATR = 200-period ATR
MA1 and MA2 are shifted up/down by ATR depending on trend, helping define structure.
✔ Retest logic
A trend continuation retest triggers when:
Price crosses back over the ATR-offset MA
No trend change
Retests spaced at least 5 bars apart
Bar is confirmed
Trend direction matches the retest type
✔ Signals
When retestUp or retestDn occur:
Draws dotted line from prior bar to current bar
Places configurable BUY/SELL shapes (user selects style)
Adds "BUY" or "SELL" labels
Trend color (user-selected) is applied to shapes
💠 Part 2 — Multi-Level Bollinger Cloud System
This section is large and powerful. Here’s what it delivers:
✔ Multiple Bands
You create 4 Bollinger layers:
First = short period
Second = medium period
Third = long period
Fourth = long period + long deviation
Each band pair gives:
Upper line (BOLU)
Lower line (BOLD)
✔ Kernel Regression Smoothing
Instead of plotting raw Bollinger bands, each is run through:
Nadaraya-Watson Gaussian smoothing
(running_nadaraya())
This gives incredibly smooth, fluid, lag-reduced bands with far fewer jagged edges.
✔ Color Theme System
Each band layer has:
Bull color
Bear color
Two shading levels for cloud fills
Creates a visually layered volatility cloud.
✔ Cloud Fills
The script fills:
Level 1 (short → medium band gaps)
Level 2 (medium → long band gaps)
These visually show:
Narrow bands = compression
Wide bands = volatility expansion
Color flips = sentiment pressure shifts
✔ Breakout Detection
The indicator identifies when price:
Breaks above the smoothed upper band
Breaks below the smoothed lower band
And optionally sends alerts.
Small triangle markers show these breakout events.
💠 Part 3 — Labels, Alerts, Plot Control
You included:
optional labels for band-break events
optional alerts
switchable plotting for bands
choice of shape style for signal markers
automated pivot source logic
logic to handle repaint vs non-repaint behavior
🎨 Overall Visualization
You end up with:
✔ Trend structure (Phantom)
Dotted S/R retest lines
Trend-colored MA backbone
BUY/SELL retest signals
✔ Bands cloud system
Multi-layer volatility cloud
Ultra-smooth kernel-filtered Bollinger envelopes
Breakout markers
The chart becomes a hybrid of:
Trend-following
Mean-reversion
Volatility structure
Smoothed breakout detection
Very similar to a fusion of:
Phantom Trend
LuxAlgo Cloud
Nadaraya-Watson Bands
Multi-Bollinger adaptive compression
📌 In short:
Your indicator is a dual-system tool that:
✔ Tracks trend direction
✔ Spots high-probability trend retests (BUY/SELL signals)
✔ Maps volatility regimes using smoothed Bollinger clouds
✔ Highlights breakouts and band exits
✔ Provides a very polished aesthetic with multiple smoothing layers
نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. ومع ذلك، يمكنك استخدامه بحرية ودون أي قيود - تعرف على المزيد هنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. ومع ذلك، يمكنك استخدامه بحرية ودون أي قيود - تعرف على المزيد هنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.