Haven Trend Tracker
- Indikatoren
- Maksim Tarutin
- Version: 1.0
Haven Trend Tracker is a trend indicator designed to simplify market direction analysis. It constructs two colored lines that consistently display the current trend on the chart and marks potential trend reversal points with arrows.
P.S. The functionality will be expanded. Other products -> HERE
The indicator analyzes price dynamics over a specified number of bars, identifying key levels characteristic of local highs and lows. These levels are used to plot lines reflecting the direction of price movement. When market dynamics change, arrows appear, signaling a possible reversal, allowing traders to focus on potential entry or exit points.
Parameters such as amplitude and the number of bars for calculation enable traders to adjust the indicator to suit a specific trading instrument and strategy. This approach ensures flexibility and adaptability, which is especially important in volatile market conditions.
The indicator is designed with an emphasis on simplicity and clarity, making it convenient for both experienced traders and those new to technical analysis. Its visual representation helps quickly assess the current market situation without unnecessary details, facilitating timely and well-informed trading decisions.