DeltaTrend

DeltaTrend (Invite-Only) Indicator Description
DeltaTrend is an advanced backtesting strategy engine designed for identifying and analyzing long-term market direction (Bias).
This indicator is not a direct copy of any single indicator but is built by referencing, adapting, and combining the core analytical concepts of approximately five different methodologies.
Key Features
100% Non-Repainting: This indicator is built using only confirmed close data and does not use open data or any other element that may cause repainting or look-ahead bias. The historical data is stable and will not change.
Optimized for High Timeframe (1D): DeltaTrend is optimized for the Daily (1D) timeframe to clearly visualize the market's macro trend (Long Bias / Short Bias).
Strategic Application: Users can leverage this Daily 'Bias' analysis to apply and test their own strategies (e.g., Pullback or Breakout strategies) on lower timeframes, using the macro-trend as a guide.
[!!!] IMPORTANT LEGAL DISCLAIMER & TERMS OF USE (READ BEFORE USE)
Before using this indicator, you MUST read and understand the following terms. Requesting access, accepting an invitation, or applying this indicator to your chart (which includes checking the "CONSENT" box within the script settings) constitutes your unconditional agreement to all terms and conditions listed below.
1. For Educational and Analytical Purposes ONLY
This indicator is provided as a software tool for educational and analytical purposes ONLY. It is NOT financial advice, investment advice, a trade signal, or a recommendation to buy or sell any asset in any way.
2. Past Performance Does NOT Guarantee Future Results
All backtesting data generated by this indicator is 'hypothetical' and based on 'past' data. The user must unconditionally acknowledge and agree that past performance (including simulated results) DOES NOT, under any circumstances, guarantee future results or profits.
3. Full Assumption of Risk
Trading and investing are high-risk activities that can result in the loss of your entire principal or more. The analysis provided by this indicator, including the Daily trend, does not and cannot protect you from extreme market volatility, severe drawdowns, or significant financial loss.
The creator shall not be held liable, under any circumstances, for any financial losses or damages incurred by the user, regardless of whether this indicator was used.
4. Consent and User's Sole Responsibility
This indicator is provided on an 'AS-IS' basis. The user activating this indicator acknowledges that they are the sole and exclusive responsible party for all of their own investment and trading decisions.
By checking the 'CONSENT' checkbox within the indicator settings, the user unconditionally agrees to hold the creator harmless and not seek any legal or financial recourse against the creator for any and all outcomes, including any potential losses, resulting from the use of this indicator.
5. No Warranty and Disclaimer of Liability
The creator does not warrant the complete accuracy, completeness, or fitness for a particular purpose of this indicator, nor does the creator guarantee it is free from bugs or errors.
The creator explicitly disclaims any and all liability for any direct, indirect, or consequential damages or losses arising from the use or misuse of this indicator.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact simpletech directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact simpletech directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.