Smart Trend Indicator

📈 Smart Trend Indicator:
The Smart Trend Indicator is a multi-factor trend detection tool designed to filter noise, reduce false signals, and provide clear, actionable regimes for traders. It combines classic technical analysis elements with modern refinements to deliver a professional-grade view of market conditions.

🔍 What It Does
This indicator synthesizes several powerful components into a single scoring and state machine system:
- EMA Backbone: Fast and slow EMAs establish the primary trend direction.
- Ichimoku Cloud: Confirms bullish or bearish bias based on price relative to the cloud.
- Heikin Ashi & Supertrend: Capture short-term momentum shifts and trend persistence.
- Pivot Breakouts & ATR Filters: Detect decisive breakout moves while filtering weak signals.
- RSI Zones: Classify market conditions into Overbought, Oversold, Uptrend, Downtrend, or Sideways regimes.
- Composite Scoring System: Each factor contributes to a weighted score, mapped into clear states.
- State Machine Logic: Prevents whipsaws by enforcing minimum hold bars and allowing Sideways states only in neutral zones.
The result is a five-state regime model:
- 🟢 UpTrend
- 🟩 OverBought
- 🟡 SideWay
- 🟠 DownTrend
- 🔴 OverSold

🎯 How to Use It
- Visual Regimes: Colored bars and background shading make trend states instantly recognizable.
- Price Scale Labels: The current regime is displayed directly on the chart for quick reference.
- Trade Alignment:
- Go long in UpTrend or OverBought zones (with caution in OB).
- Go short in DownTrend or OverSold zones (with caution in OS).
- Reduce exposure or wait during SideWay regimes.
- Confirmation Tool: Use alongside your existing strategy to confirm entries/exits and avoid false flips.
- Customization: Inputs allow fine-tuning of RSI thresholds, EMA lengths, ATR multipliers, and minimum hold bars to match your trading style.

✅ Key Benefits
- Filters out noise with multi-factor scoring.
- Prevents premature flips using hold guards.
- Provides institutional-style clarity with bold visuals and regime labels.
- Adaptable to different assets and timeframes

🔧 Toggling with the Settings
The Smart Trend Indicator is designed to be flexible. Traders can toggle inputs to quickly adapt the indicator to different market conditions or personal styles.
- RSI Zones
- Toggle Overbought and Oversold thresholds to make the regime detection stricter or looser.
- Example: Lowering the OB level from 75 to 70 will trigger “OverBought” states sooner.
- EMA Lengths
- Switching between shorter and longer EMAs changes how fast the backbone reacts.
- Example: A fast EMA of 10 vs. 21 makes the indicator more sensitive to short‑term swings.
- Pivot Lookback & ATR Multipliers
- Toggle Pivot Lookback to widen or tighten breakout detection.
- Adjust ATR Multipliers to filter weak moves — higher values demand stronger breakouts.
- Hold Bars
- Increasing Minimum Hold Bars locks the regime longer, reducing whipsaws.
- Decreasing it allows quicker flips for scalpers.
- Supertrend Settings
- Toggle ATR Length and ATR Mult to make Supertrend more reactive or conservative.
- Visual Controls
- Turn Show Background Shading on/off depending on whether you prefer a clean chart or visual regimes.
- Labels and colored bars remain active regardless, so you always see the current state.