Decision Tree + Support and Resistance Channel [cryptoonchain]

This custom TradingView indicator brings together an adaptive decision tree trend model with advanced dynamic support and resistance detection, leveraging both pivot analysis and Ichimoku cloud elements.

It is designed for traders who want clear charts, rapid bias detection, and unique, non-repeating trade signals—optimizing for both ease of use and interpretability.

Key Features:

Smart Trend Visualization:Real-time coloring for candles based on market direction using decision tree logic. Quickly identify trend changes and potential consolidation zones.
Dynamic Support & Resistance:Automatic plotting of support and resistance levels from recent pivots, enhancing your ability to spot breakout and reversal points even in rapidly changing markets.
Ichimoku Cloud Integration:Added calculation of Ichimoku spans, lending further depth to the detection of key trend boundaries and price equilibria.
One-Time “Long” and “Short” Signals:Whenever a new bullish or bearish trend is detected, a unique signal marker (“Long” or “Short”) is plotted once—never cluttering charts with repetitive signals during the same trend.
Universal Chart Compatibility:As this script is an indicator (not a strategy), it runs smoothly on all chart types, including Renko and range bars. No backtesting or order execution code is included—TradingView’s publishing policies are fully respected.
How to use it:

Use colored bars and support/resistance zones to quickly gauge market conditions.
Watch for “Long”/“Short” markers as early warnings of potential new trends.
Combine this tool with your other analysis and risk management routines; this indicator is designed to complement—not replace—your decision making.
No financial advice:

This script is for educational and analytical purposes. Always do your own research and use appropriate risk management.

Original author: [cryptoonchain]