Space Road Indicator - The Market's Cosmic Path

Slogan: "With Space Road, navigate the market like an astronaut exploring the galaxy of prices!"

Space Road Indicator Overview

The Space Road indicator is an advanced technical analysis tool based on a combination of Triangular Moving Average (TMA) and adaptive bands. It helps traders identify market trends and potential reversal points with greater accuracy.

How It Works

Center Line (TMA): A triangular moving average that gives more weight to recent prices.

Upper/Lower Bands: Calculated based on ATR multiplier, dynamically adjusting to market volatility.

Trend Signals: The center line appears in three states:

Green (Bullish): When slope is strongly positive

Red (Bearish): When slope is strongly negative

Gold (Neutral): When market is in ranging condition

Key Settings

TMAPeriod: Triangular MA calculation period (default: 17)

ATRPeriod: ATR calculation period (default: 100)

ATRMultiplier: Band expansion factor (default: 1.7)

TrendThreshold: Trend detection threshold (default: 0.25)

TimeFrame: Analysis timeframe (default: current timeframe)

Applications

Identifying strong market trends

Detecting potential reversal points

Determining dynamic support/resistance levels

Filtering trade signals in volatile markets

Important Notes

Performs better in trending markets

Combining with other indicators like RSI may improve results

Parameters should be adjusted according to the trading instrument's characteristics

This powerful indicator combines the smoothing benefits of TMA with adaptive volatility bands, creating a unique tool for market analysis across all timeframes.