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INVITE-ONLY SCRIPT
Updated

Trend detector HBS weekly v2.6

107
This indicator aims to detect trends in a more efficient way than the first version.

There is now a pending signal mechanism. It is a buffer of a maximum period of 2 candles to confirm the signal. During the pending period, the investor should assess the state of the market and context.

The indicator does not repaint!

It offers the following options:


  • Confluence bars (in fushia) which signals smart money activity and important event.
    Consolidation channels and boxes that tracks low volatility and compression before a big move.
    Breakout bars from both consolidation box and its related channel (in green)
    Show important liquidity levels where some big volumes have occurred.
    Draw SMA 50, 100 and 200. Besides a custom length that user can introduce.
    Show filtered swing highs and lows based on close signal.





Release Notes
Minor corrections.
Release Notes
Added a better wick handling for reversals.
Release Notes

  • Enhanced reversals based on in-house outside candles.
  • Allow confirmation signal if next two candles do not close below the symmetry of lac level (strong support)
Release Notes
Optimized swing entries.
Added lac symmetrical level.
Release Notes
Fixed minor bugs at extreme signal reversals.
Release Notes
Minor correction: If a candle closes below the low or above the high of a pending candle in the other direction, unconfirm the signal immediately.
Release Notes
Added Start bar detection pattern.
Added immediate confirmation for some down bars.
Release Notes
3std volume
Release Notes
Added confluence signals and adjusted the pin down to be in the highest close of the last bars.
Release Notes
Removed a plotshape used for debug.
Added Reversal bar code but not used yet.
Release Notes
Added consolidation boxes drawing. Works well with confluence bars breakout.
Release Notes
Removed lookback periods from inputs
Release Notes
Added consolidation channels and breakout from them.

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 hassou7 directly.

Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. 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

To be updated later.
Warning: please read our guide for invite-only scripts before requesting access.
hassou7
Trend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trend Analysis

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 hassou7 directly.

Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. 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

To be updated later.
Warning: please read our guide for invite-only scripts before requesting access.
hassou7

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.