Mawhoob (TD - Trend Direction) - v1.1

Mawhoob (Trend Direction - TD) Indicator v1.1
Professional Trend Analysis & Market Context Dashboard

----------------------------------------------------
🎯 Overview
----------------------------------------------------
Mawhoob (Trend Direction - TD) is a comprehensive, professional-grade technical analysis tool designed to provide traders with multi-dimensional market insights. This advanced indicator combines a proprietary adaptive trend line with real-time market context data, offering a complete market analysis solution in one elegant package.

✨ Key Features ✨

----------------------------------------------------
📈 Trend Direction Line (TD Line)
----------------------------------------------------
Intelligent Moving Average System: Utilizes a sophisticated blend of EMA, RMA, and WMA with smart adaptive error correction.

1- Dynamic Color Coding:

• 🟢 Green: Bullish trend (price momentum upward).
  
• 🔴 Red: Bearish trend (price momentum downward).
  

2- Customizable Parameters:

• Main Period (1-200): Control long-term vs. short-term sensitivity.
  
• Fast Period (0-50): Fine-tune responsiveness to price changes.
  
• Weighting Factor (0-3): Adjust current price influence on the trend line.
  

3- Visual Bands: Optional upper and lower bands that create a dynamic channel around the trend line.

----------------------------------------------------
📊 Real-Time Market Dashboard
----------------------------------------------------
A comprehensive information panel displaying multiple technical indicators and market dominance metrics.

Technical Indicators Section:
1- RSI (Relative Strength Index)

• Current value with color-coded momentum indication.
  
• Direction status: UP / DOWN / NEUTRAL.
  
• Customizable overbought/oversold levels.
  
• Includes RSI SMA for trend confirmation.
  

2- MACD (Moving Average Convergence Divergence)

• Real-time MACD line value.
  
• Trend direction based on MACD vs. Signal line relationship.
  
• Fully customizable fast, slow, and signal periods.
  

3- ADX (Average Directional Index)

• Trend strength measurement.
  
• Color-coded display: Strong vs. Weak trend.
  
• Adjustable strength threshold.
  

Market Dominance Section:
1- DXY (US Dollar Index)

• Real-time dollar strength tracking.
  
• Direction indicator for forex correlation analysis.
  

2- BTC.D (Bitcoin Dominance)

• Bitcoin market dominance percentage.
  
• Useful for crypto market sentiment analysis.
  

3- USDT.D (Tether Dominance)

• Stablecoin dominance tracking.
  
• Risk-on/risk-off market indicator.
  

All dominance metrics feature:

• Customizable timeframe selection.
  
• UP/DOWN/NEUTRAL directional indicators.
  
• Color-coded values for quick visual assessment.
  

----------------------------------------------------
🔔 Alert & Signal System
----------------------------------------------------

• Price Crossover Alerts: Get notified when price crosses above or below the TD line.
  
• Smart Alert Logic: Filters out neutral/flat market conditions to reduce noise.
  
• Visual Signals: Optional triangle markers on chart (▲ bullish, ▼ bearish).
  
• Once-Per-Bar Frequency: Prevents alert spam while ensuring you don't miss opportunities.
  

----------------------------------------------------
🎨 Visual Customization
----------------------------------------------------

• Candle Color Mode: Option to color candles based on trend direction.
  
• Dashboard Positioning: Choose LEFT, RIGHT, or CENTER placement.
  
• Text Size Options: TINY, SMALL, NORMAL, or LARGE for optimal readability.
  
• Customizable colors for Bullish/Bearish trend lines.
  
• Customizable colors for dashboard backgrounds and borders.
  
• Customizable colors for UP/DOWN/NEUTRAL status indicators.
  

----------------------------------------------------
📚 Use Cases
----------------------------------------------------
For Day Traders

• Quick trend identification with color-coded TD line.
  
• Real-time momentum gauges (RSI, MACD).
  
• Instant crossover alerts for entry/exit timing.
  

For Swing Traders

• Medium-term trend direction with adjustable periods.
  
• ADX strength indicator for high-probability setups.
  
• Market dominance context for broader market analysis.
  

For Crypto Traders

• BTC.D and USDT.D tracking for altcoin season detection.
  
• Integrated multi-indicator analysis.
  
• Customizable timeframes for dominance metrics.
  

For Multi-Market Analysis

• DXY correlation for forex and commodities.
  
• Comprehensive dashboard for quick market scans.
  
• Cross-market sentiment analysis.
  

----------------------------------------------------
⚙️ Settings & Customization
----------------------------------------------------
Trend Direction Settings

• Main TD Period: Adjust overall trend sensitivity.
  
• Fast TD Period: Control responsiveness (0 = no smoothing).
  
• Weighting Factor: Balance between historical and current prices.
  
• Line width and colors for visual preference.
  
• Optional trend bands with adjustable transparency.
  

Dashboard Settings

• Toggle individual indicators on/off.
  
• Customize all indicator periods and thresholds.
  
• Choose timeframe for dominance indices.
  
• Adjust colors, position, size, and borders.
  
• Complete visual control for your trading style.
  

Alert & Signal Settings

• Enable/disable crossover alerts.
  
• Optional visual signals on chart.
  
• Smart built-in filtering to reduce false signals.
  

----------------------------------------------------
🎓 Best Practices
----------------------------------------------------

1. Trend Following: Use the TD line as your primary trend filter - trade with the color.
   
2. Confirmation: Combine TD direction with RSI and MACD for higher probability setups.
   
3. Strength Filter: Use ADX to avoid weak/choppy trends.
   
4. Market Context: Check dominance indicators for broader market sentiment.
   
5. Alerts: Set alerts to catch reversals without constant chart watching.
   

----------------------------------------------------
🚀 What Makes This Indicator Special ?
----------------------------------------------------
✅ All-in-One Solution: Multiple professional indicators in one clean package.
✅ Adaptive System: Responds to market conditions, not just static calculations.
✅ Professional Dashboard: Institutional-grade information display.
✅ Real-Time Data: Live updates from multiple markets and assets.
✅ Highly Customizable: Tailor every aspect to your trading style.
✅ Clean Code: Optimized Pine Script v6 for maximum performance.
✅ No Repainting: Uses (barstate.isconfirmed) to ensure calculations only occur on closed bars.
✅ Resource Efficient: Smooth performance even with all features enabled.

----------------------------------------------------
🎯 Perfect For
----------------------------------------------------

• Trend identification and following.
  
• Multi-timeframe analysis.
  
• Market sentiment tracking.
  
• Entry and exit timing.
  
• Portfolio management decisions.
  
• Risk assessment through trend strength.
  
• Correlation analysis across markets.
  

----------------------------------------------------
📝 Notes
----------------------------------------------------

• All calculations are performed on confirmed bars to prevent repainting.
  
• Dashboard updates in real-time as market conditions change.
  
• Dominance indices (DXY, BTC.D, USDT.D) require market data access.
  
• Best results achieved when combined with proper risk management.
  
• Suitable for all markets: stocks, forex, crypto, commodities, indices.
  

----------------------------------------------------
💡 Pro Tips
----------------------------------------------------

• Start with default settings and adjust based on your timeframe.
  
• Lower periods (5-10) for scalping, higher (20-50) for swing trading.
  
• Use the dashboard as a quick health check for your current positions.
  
• Combine TD line with support/resistance for confluence.
  
• Watch dominance indicators for early market regime changes.
  

----------------------------------------------------
⚠️ Important Notes
----------------------------------------------------

• This indicator is for educational and informational purposes only.
  
• Always confirm signals with your own analysis before trading.
  
• Use proper risk management and position sizing.
  
• The indicator works on all timeframes and instruments.
  
• Past performance does not guarantee future results.
  

----------------------------------------------------
🔄 Updates & Support
----------------------------------------------------
Current Version: v1.1
This indicator is actively maintained and updated. Future versions may include additional features and improvements based on user feedback.

----------------------------------------------------
🙏 Acknowledgments
----------------------------------------------------
Created & designed by: mawhoobx

📝 Remember: The best indicator is the one combined with proper risk management, discipline, and a solid trading plan. This tool is designed to assist your analysis, not replace your judgment.

Trade Smart. Trade Safe. Trade Profitable.