Key Features

Trend Analysis

Supertrend Algorithm: Uses ATR-based bands to determine the prevailing market trend and generate buy/sell signals.
Trend Ribbon: Visualizes the trend using two moving averages (short and medium-term).
Long-Term Moving Average: An optional, color-coded EMA line that adapts to trend direction.

Signal Generation

Buy/Sell Signals: Triggered when price crosses the Supertrend bands.
Diamond Signals: Special reversal signals based on lead line crossovers and candle color.
Reversal Signals: Advanced RSI-based system to detect potential market reversals.

Support and Resistance

Dynamic Levels: Automatically identifies and plots key support and resistance levels using pivot highs/lows.
Zones: Optionally highlights support and resistance zones for better visualization.

Risk Management

Take Profit (TP) Levels: Up to three customizable TP targets, calculated using ATR-based risk-to-reward ratios.
Stop Loss (SL): Dynamic, ATR-based stop loss placement.
Visual Entry/Exit Markers: Clearly marks entry, stop, and target levels on the chart.