OPEN-SOURCE SCRIPT

Smart Trend

141
Smart Trend — TradingView Indicator Documentation

© 2026 Arup Sarkar
Indicator Name: Smart Trend
Version: 1.0

What It Does

Smart Trend is a trend detection and momentum analysis indicator for TradingView. It identifies high-probability trend flips, strong momentum moves, volatility expansions, and short-term counter-trend signals.

It combines:

- Current timeframe trend lines (EMA + SMA)
- Higher timeframe EMA context (1H + 4H + Daily)
- ATR-based dynamic exits
- Volume confirmation

Smart Trend is designed to:

- Detect trend changes early
- Confirm momentum strength
- Highlight weakening trends before reversals
- Keep charts clean and actionable

How It Works
1. Trend Detection: Trend Line (EMA21 + SMA50): represents current trend direction
2. Higher Timeframe EMA (HTF EMA 1H): confirms alignment

Trend Conditions:

- Uptrend: candle closes above trend line and HTF EMA
- Downtrend: candle closes below trend line and HTF EMA
- Choppy / Flat: neither uptrend nor downtrend

2. Momentum Strength

- Calculated using slope of trend line EMA
- Candle colors indicate momentum:
* Bullish: green, opacity based on strength
* Bearish: red, opacity based on strength
* Neutral / Choppy: grey

3. Alerts

- Smart Trend sends alerts once per confirmed condition on candle close:
- Uptrend Flip (U) — 2-candle confirmation, trend turns bullish
- Downtrend Flip (D) — 2-candle confirmation, trend turns bearish
- Strong Bullish Momentum — trend up + ATR breakout + volume confirmation
- Strong Bearish Momentum — trend down + ATR breakout + volume confirmation
- Volatility Expansion — ATR rising
- Volatility Expansion After Squeeze — breakout after low-volatility period
- Counter-Trend Up — short-term uptrend vs HTF downtrend
- Counter-Trend Down — short-term downtrend vs HTF uptrend

4. ATR Dynamic Exits

- ATR (Average True Range) over last 50 days is used to calculate dynamic stop levels
- Plots longExit and shortExit levels
- Helps traders manage risk dynamically based on market volatility

5. Visuals

- Trend Line: colored by direction (green/red/gray)
- Smoothed 4H+1D EMA: thin orange line for higher timeframe context
- Labels: “U” for uptrend flips, “D” for downtrend flips
- Counter-trend signals: small triangles above/below bars
- ATR exit lines: semi-transparent for clean chart

Benefits

- Detects trend reversals early
- Confirms strong momentum moves
- Highlights weakening trends using volume and ATR
- Provides dynamic exit levels for risk management
- Keeps chart clean and readable
- Alerts are actionable and trigger once per pattern confirmation

Conclusion

Smart Trend is an all-in-one trend and momentum tool for traders who want:

- Early detection of trend flips
- High-probability momentum signals
- Volatility-aware trade management
- Minimal visual clutter with maximum actionable insights

Smart Trend can be combined with support/resistance levels, higher timeframe analysis, and other indicators to increase confidence and improve trade decisions.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.