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Adaptive Fractal Range | ranwood2010

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The AFR (Adaptive Fractal Range) indicator is a trend-following tool designed to identify shifts in market direction using a combination of double exponential moving averages (DEMA) and ATR-based adaptive ranges. It dynamically adjusts to price volatility, highlighting bullish and bearish trend flips in real-time.

Key Features:

Trend Detection: Uses DEMA and ATR to calculate adaptive support/resistance levels and detect trend changes.

Color-Coded Signals:

Red color bars/line indicate an uptrend.

Green color bars/line indicate a downtrend.

Multi-Timeframe Support: Calculate signals on a higher or lower timeframe than the chart.

Alerts:

Intrabar alerts trigger immediately when the trend flips.

Bar-close alerts trigger after the bar closes for confirmed signals.

Customizable Inputs: DEMA length, ATR period, ATR factor, and bar coloring options.

Use Cases:

Identify trend reversals and potential entry/exit points.

Combine with other technical analysis tools to confirm market direction.

Receive real-time notifications for faster trading decisions.

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