TS Multi-Indicator Trend Detector

Developed by KP

This indicator provides a visually clean and reliable trend overlay by combining multiple high-confidence technical indicators into a single floating line above price action. It’s designed for traders who want trend clarity without chart clutter.

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🔍 What It Does:
• Uses EMA (21), RSI, MACD, ADX, and Directional Movement (DI) indicators to evaluate the market trend
• Assigns a “Bullish” or “Bearish” score based on how many indicators confirm the trend
• Plots a floating colored trend line above the price candles to avoid visual interference
• 🟡 Yellow Line = Bullish Trend
• 🔵 Blue Line = Bearish Trend
• Built with multi-timeframe compatibility (works on 5m to weekly charts)
• Minimalist, no noise — no arrows, no labels, just clarity

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⚙️ How It Works:
• Trend shifts when 3 or more out of 5 conditions are met:
• Price above/below 21 EMA
• RSI > 50 or < 50
• MACD crossover
• ADX strength confirmation
• Directional movement dominance (+DI vs -DI)

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🧠 Why Use This?

Unlike traditional moving averages or lagging signals, this tool filters market noise using a multi-indicator consensus approach, then visualizes it as a non-intrusive floating trend line — helping you focus only on meaningful price action.

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✅ Best For:
• Swing traders, intraday trend followers, and algo developers
• Clean-chart enthusiasts who value signal quality over quantity