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Lele-Trend Market Analysis

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This is a TradingView Pine Script indicator for analyzing futures trading trends. Here's what it does:
Core Functionality:

Analyzes market trends using multiple technical indicators on a customizable timeframe
Displays trend strength classifications from "Neutral" to "Super Bullish/Bearish"

Key Indicators Used:

EMAs: 7, 21, 50, and 200-period exponential moving averages to identify trend direction
RSI: Relative Strength Index (14-period default) for momentum
ADX: Average Directional Index (14-period) to measure trend strength
VWAP: Volume Weighted Average Price for intraday levels
Parabolic SAR: For trend reversals and stop-loss placement

Trend Classification Logic:

Bullish: When 7 EMA > 21 EMA, price > VWAP, RSI > 50, ADX > 22
Bearish: When 7 EMA < 21 EMA, price < VWAP, RSI < 50, ADX > 22
Upgrades to "Very" or "Super" based on price position relative to 50 and 200 EMAs

Visual Features:

Plots all indicators on the chart with color-coded lines
Shows percentage and price difference labels on each candle
Dashboard table in the top-right displaying all indicator values and current trend status

It's essentially a comprehensive trend-following system that combines multiple timeframe analysis with strength classification.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.