Smart Trend Catcher

Smart Trend Catcher

key features of the Smart Trend Catcher Indicator

1. ATR-Based Trend Detection
   Uses Average True Range (ATR) with a multiplier to identify market trends and volatility.

2. SuperTrend Logic
   Implements a SuperTrend-style algorithm to determine uptrend and downtrend levels.

3. Custom Price Source Selection
   Allows multiple price sources like Open, High, Low, Close, HL2, HLC3, OHLC4, etc.

4. Trend Lines on Chart
   Displays Uptrend (Green) and Downtrend (Red) lines directly on the chart.

5. Trend Change Signals
   Shows Buy and Sell arrows when the trend reverses.

6. Trend Start Markers
   Draws circle markers at the beginning of new trends.

7. Trend Highlighter
   Optional colored background fill to visually highlight bullish or bearish zones.

8. Flexible Display Controls
   Users can enable/disable lines, arrows, circles, and highlight zones.

9. Adjustable ATR Calculation
   Option to use Wilder’s RMA ATR or SMA ATR for different smoothing styles.

10. Visual Trading Aid
    Designed to help traders catch early trend changes and follow ongoing trends.