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Trends & Ranges

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Trends & Ranges uses EMA ATR bands as a SuperTrend indicator.

How to use:
This indicator can be used to give you a direction bias, with the added function to create ranges which often lead to reversals or flat trading periods. Trade the break-out or wait for pull backs in the direction of the trend.

I'm not great at explaining stuff and will probably make things only more complicated, so I won't bother for now,
but if you have a question on how the script works I will gladly give it a try.

The option "Flexible Trends" will disable the min/max function (trailing or non trailing).

Flexible Trends enabled:
imagen

Flexible Trends disabled:
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Settings are not optimized for any asset or time frame, you will have to do that for yourself. Feel free to share them in the comments.
Thanks for showing interest, enjoy and good luck! :)

Notas de prensa
Fixed a typo
Notas de prensa
Update:
- New alerts
- New moving average options
- New extend line function

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.