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LSMA ATR

This indicator combines the Linear Regression Moving Average (LSMA) with the Average True Range (ATR) to detect trend directions and potential reversals. The LSMA is used to determine the trend direction based on its slope, while the ATR, smoothed by a Simple Moving Average (SMA), provides dynamic bands around the LSMA.
Uptrend: Occurs when the LSMA slope is positive and the price is above the LSMA plus a multiple of the smoothed ATR.
Downtrend: Occurs when the LSMA slope is negative and the price is below the LSMA minus a multiple of the smoothed ATR.
Bar Colors: Bars are colored green for an uptrend and red for a downtrend.
The indicator also plots the upper and lower ATR bands around the LSMA to visually represent potential areas of price reversals or trend continuation.
Uptrend: Occurs when the LSMA slope is positive and the price is above the LSMA plus a multiple of the smoothed ATR.
Downtrend: Occurs when the LSMA slope is negative and the price is below the LSMA minus a multiple of the smoothed ATR.
Bar Colors: Bars are colored green for an uptrend and red for a downtrend.
The indicator also plots the upper and lower ATR bands around the LSMA to visually represent potential areas of price reversals or trend continuation.
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受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。