In the dynamic landscape of financial markets, the Adaptive Trend Finder (log) stands out as an example of precision and professionalism. This advanced tool, equipped with a unique feature, offers traders a sophisticated approach to market trend analysis: the choice between automatic detection of the long-term or short-term trend channel.
Key Features:
1. Choice Between Long-Term or Short-Term Trend Channel Detection: Positioned first, this distinctive feature of the Adaptive Trend Finder (log) allows traders to customize their analysis by choosing between the automatic detection of the long-term or short-term trend channel. This increased flexibility adapts to individual trading preferences and changing market conditions.
2. Autonomous Trend Channel Detection: Leveraging the robust statistical measure of the Pearson coefficient, the Adaptive Trend Finder (log) excels in autonomously locating the optimal trend channel. This data-driven approach ensures objective trend analysis, reducing subjective biases, and enhancing overall precision.
3. Precision of Logarithmic Scale: A distinctive characteristic of our indicator is its strategic use of the logarithmic scale for regression channels. This approach enables nuanced analysis of linear regression channels, capturing the subtleties of trends while accommodating variations in the amplitude of price movements.
4. Length and Strength Visualization: Traders gain a comprehensive view of the selected trend channel, with the revelation of its length and quantification of trend strength. These dual pieces of information empower traders to make informed decisions, providing insights into both the direction and intensity of the prevailing trend.
In the demanding universe of financial markets, the Adaptive Trend Finder (log) asserts itself as an essential tool for traders, offering an unparalleled combination of precision, professionalism, and customization. Highlighting the choice between automatic detection of the long-term or short-term trend channel in the first position, this indicator uniquely caters to the specific needs of each trader, ensuring informed decision-making in an ever-evolving financial environment.
Key Features:
1. Choice Between Long-Term or Short-Term Trend Channel Detection: Positioned first, this distinctive feature of the Adaptive Trend Finder (log) allows traders to customize their analysis by choosing between the automatic detection of the long-term or short-term trend channel. This increased flexibility adapts to individual trading preferences and changing market conditions.
2. Autonomous Trend Channel Detection: Leveraging the robust statistical measure of the Pearson coefficient, the Adaptive Trend Finder (log) excels in autonomously locating the optimal trend channel. This data-driven approach ensures objective trend analysis, reducing subjective biases, and enhancing overall precision.
3. Precision of Logarithmic Scale: A distinctive characteristic of our indicator is its strategic use of the logarithmic scale for regression channels. This approach enables nuanced analysis of linear regression channels, capturing the subtleties of trends while accommodating variations in the amplitude of price movements.
4. Length and Strength Visualization: Traders gain a comprehensive view of the selected trend channel, with the revelation of its length and quantification of trend strength. These dual pieces of information empower traders to make informed decisions, providing insights into both the direction and intensity of the prevailing trend.
In the demanding universe of financial markets, the Adaptive Trend Finder (log) asserts itself as an essential tool for traders, offering an unparalleled combination of precision, professionalism, and customization. Highlighting the choice between automatic detection of the long-term or short-term trend channel in the first position, this indicator uniquely caters to the specific needs of each trader, ensuring informed decision-making in an ever-evolving financial environment.
Notes de version:
Tooltip added
Notes de version:
Minor changes
Notes de version:
Color adjustment
Notes de version:
Tooltips updated
Notes de version:
Check out the latest optimized version of my TradingView script.
It's faster, smoother, and packed with new features. Big thanks to an anonymous contributor for the help.
Explore the changes in the script and share your thoughts.
Appreciate your support!
It's faster, smoother, and packed with new features. Big thanks to an anonymous contributor for the help.
Explore the changes in the script and share your thoughts.
Appreciate your support!
Notes de version:
minor upgrade
Notes de version:
Update:
* Adjusting lengths, with the addition of intermediate lengths for increased precision.
* Text Size option
* Adjusting lengths, with the addition of intermediate lengths for increased precision.
* Text Size option
Notes de version:
Update
In response to a request, I reverted to the color options from the original version, which were more functional.
In response to a request, I reverted to the color options from the original version, which were more functional.
Notes de version:
Minor bug fixed
Notes de version:
inputs reorganization
Notes de version:
Major Update
The code is really clean now.
After some big changes, the script runs smoothly with simplified calculations, revamped code, and a stronger structure, bringing optimized performance and exceptional speed.
The code is really clean now.
After some big changes, the script runs smoothly with simplified calculations, revamped code, and a stronger structure, bringing optimized performance and exceptional speed.
Notes de version:
Minor update: The long-term length range has been modified to prevent similarity with the default channel, and the term "Projection Confidence" has been replaced with "Trend Strength.the term "Projection Confidence" has been replaced with "Trend Strength.
Notes de version:
Minor update: The long-term length range has been modified to prevent similarity with the default channel, and the term "Projection Confidence" has been replaced with "Trend Strength.
Notes de version:
Minor update
Notes de version:
Minor Update: I've added the option to choose the color of the Mid Line in the settings.