This custom indicator is designed to efficiently identify and follow market trends while avoiding false reversals.
It dynamically adjusts to market volatility, ensuring that it stays on the right side of the trend without reacting prematurely to minor market fluctuations.
Trend Signals
The indicator displays signals at the key turning points (triangles) with a price value, indicating the bullish or bearish momentum.
Flow Trend Signals
Retest Signals
The Retest Signals indicator identifies potential continuation points by marking key retest levels of dynamic zones (bands).
Bullish Retest
Bearish Retest
It provides visual confirmation for traders to analyze whether the price is likely to respect critical zones, aiding in decision-making for entries.
Customizable Timeframes
Users can choose higher timeframes from which the FlowTrend is plotted.
Selecting a higher timeframe than the current chart provides a broader, longer-term trend perspective with reducing a noise from the bands and clearly see the trends and momentum shifts.
Settings
Settings
Description
Toggle ON/OFF
Enable or disable the FlowTrend layer on the chart.
Timeframe Selector
Choose the higher only timeframe from which the trend data is derived (e.g., Chart = current chart timeframe).
Color Settings
Adjust bullish and bearish colors to match your preferred visual style.
