🔵 OVERVIEW
A statistical trend analysis tool that combines moving average dynamics with standard deviation zones and trend-specific price distribution.
This is an experimental indicator designed for educational and learning purposes only.
🔵 CONCEPTS
🔵 FEATURES
🔵 HOW TO USE
🔵 CONCLUSION
Deviation Trend Profile [BigBeluga] visualizes how price distributes during trends relative to statistical deviation zones.
It’s a powerful confluence tool for identifying strength, exhaustion, and the rhythm of price behavior—ideal for swing traders and volatility analysts alike.
A statistical trend analysis tool that combines moving average dynamics with standard deviation zones and trend-specific price distribution.
This is an experimental indicator designed for educational and learning purposes only.
🔵 CONCEPTS
- Trend Detection via SMA Slope: Detects trend shifts when the slope of the SMA exceeds a ±0.1 threshold.
- Standard Deviation Zones: Calculates ±1, ±2, and ±3 levels from the SMA using ATR, forming dynamic envelopes around the mean.
- Trend Distribution Profile: Builds a histogram that shows how often price closed within each deviation zone during the active trend phase.
🔵 FEATURES
- Trend Signals: Immediate shift markers using colored circles at trend reversals.
- SMA Gradient Coloring: The SMA line dynamically changes color based on its directional slope.
- Trend Duration Label: A label above the histogram shows how many bars the current trend has lasted.
- Trend Distribution Histogram: Visual bin-based profile showing frequency of price closes within deviation bands during trend lookback period.
- Adjustable Bin Count: Set the granularity of the distribution using the “Bins Amount” input.
- Deviation Labels and Zones: Clearly marked ±1, ±2, ±3 lines with consistent color scheme.
- Trend Strength Insight:
• Wide profile skewed to ±2/3 = strong directional trend.
• Profile clustered near SMA = potential trend exhaustion or range.
🔵 HOW TO USE
- Use trend shift dots as entry signals:
• 🔵 = Bullish start
• 🔴 = Bearish start - Trade with the trend when price clusters in outer zones (±2 or ±3).
- Be cautious or fade the trend when price distribution contracts toward the SMA.
- View across multiple timeframes for trend confluence or divergence.
🔵 CONCLUSION
Deviation Trend Profile [BigBeluga] visualizes how price distributes during trends relative to statistical deviation zones.
It’s a powerful confluence tool for identifying strength, exhaustion, and the rhythm of price behavior—ideal for swing traders and volatility analysts alike.
Notes de version
-thumbnailNotes de version
-Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
🔵Gain access to our powerful tools : bigbeluga.com/tv
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
🔵Gain access to our powerful tools : bigbeluga.com/tv
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
