Bcnk——GJB

Bcnk-GJB Trend Detection Indicator

Basic Introduction

Bcnk-GJB is a technical indicator based on Pine Script 6, displayed as an overlay on the price chart. This indicator analyzes market trend conditions using multiple moving average lines.

Visual Features

· Displayed directly on the candlestick chart
· Uses two colors: green and red
· Includes both upward and downward arrow shapes
· Arrows appear above or below the candlesticks

Technical Components

· Utilizes 10 calculation lines with different periods
· Period parameters increase from 31 to 40
· Each line has independent color status
· Employs linear regression calculation method

Display Elements

Color Status

· Green represents upward movement
· Red represents downward movement

Arrow Signals

· Green upward triangles: displayed below candlesticks
· Red downward triangles: displayed above candlesticks

Parameter Settings

Data Source Selection

· Default calculation uses closing price

Offset Adjustment

· Adjustable display position of the indicator

Feature Characteristics

· Multiple lines displayed simultaneously
· Intuitive and easy-to-understand color changes
· Clear and distinct arrow markers
· Simple and direct status recognition

Interface Description

· Indicator name: Bcnk——GJB
· Short title: Bcnk——GJB
· Display position: Overlay on top of price chart

This is a trend status visualization tool that helps observe market movement changes through colors and arrows.