Trend Follow Line Point

📌 Trend Follow Line Point

The Trend Follow Line Point indicator removes the confusing, repainting-based swing connections commonly found in traditional swing tools.
It maintains consistent swing-point calculation, keeps structural swing lines intact even when trend lines are broken, and integrates market structure + trend + volatility + volume into one intuitive, visual indicator.

This tool is designed for:

Trend Following

Swing Structure Analysis

Volatility-Based Entry & Exit

Market Strength Evaluation

📊 Component Explanation
🔹 1. Swing High / Swing Low Detection

Based on the user-defined sensitivity (swgLen):

A Swing High forms when the current high exceeds the previous swgLen highs.

A Swing Low forms when the current low falls below the previous swgLen lows.

🔹 2. Swing-Based Structure Lines

Connect Swing Highs → Structural visualization

Connect Swing Lows → Structural visualization
These lines reveal the underlying market structure without repainting or disappearing unexpectedly.

🔹 3. Dynamic ATR + Volume Weighting

ATR values combined with the volume ratio (vol / volMA) create a dynamic volatility channel that reflects real-time market pressure.

🔹 4. Enhanced SuperTrend Calculation

Uses ATR-based stability to produce more realistic and smoother trend lines, reducing noise and improving signal clarity.

🔹 5. Trend Color Mapping

Up Trend → User-selected color

Down Trend → User-selected color
Visual trend direction and strength can be identified immediately.

🧭 How to Use

When Swing Highs/Lows are detected, structure lines are automatically drawn between previous swings.

Use these lines to evaluate support/resistance breaks and overall structural direction.

Manage risk with volatility guidance:

Higher ATR (volume-weighted) → wider trend spacing → increased risk

Lower ATR → tighter spacing → reduced risk

This helps with position sizing, entry timing, and exit decisions.

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