OPEN-SOURCE SCRIPT
[FGL] Stochastic ATR Trend Indicator

This indicator:
INPUT PARAMETERS:
LOGIC FLOW
STRATEGIC INTERPRETATION
- Detects trend direction using ATR-based dynamic bands around SMA.
 - Generates buy/sell signals using Stochastic crossover conditions filtered by trend.
 - Colors candles to show trend direction.
 - Plots a visual “trend zone” band on the chart.
 
INPUT PARAMETERS:
- Stochastic Length → Period for the stochastic oscillator.
 - Smooth K and Smooth D → Smoothing parameters for %K and %D lines.
 - ATR Length → Period used for SMA-based trend detection.
 
LOGIC FLOW
- Determine trend using long ATR-based SMA channel.
 - Detect momentum change with Stochastic cross.
 - Confirm both momentum and price align with trend.
 - Generate buy/sell signal + change candle color.
 
STRATEGIC INTERPRETATION
- Best use: Trend-following momentum entries.
 - Avoids: Countertrend false signals by filtering with trend value.
 - Signals:
- Buy: In uptrend + bullish stochastic crossover.
 - Sell: In downtrend + bearish stochastic crossover.
 
 - Buy: In uptrend + bullish stochastic crossover.
 
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。