space road Version: 1.0

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This "Space Road" indicator is an advanced tool for market trend analysis and identification, using moving averages and various bands. With advanced algorithms and ATR (Average True Range) calculations, it accurately detects market fluctuations and helps in making precise trading decisions. The "Space Road" indicator dynamically updates central lines and upper/lower bands and is used for graphical analysis and detecting key market points.


How the Indicator Works & Features:

TMA Bands:

The indicator uses the Triangular Moving Average (TMA) to identify trends. This moving average makes price changes smoother and more manageable than other indicators.


Upper and Lower Bands:

Upper and lower bands simulate market volatility and support/resistance conditions. These bands are updated using ATR to better predict market changes.


Center Line:

The center line, representing the general market trend, is automatically updated. If the trend is upward, the center line shows "bull," and if downward, it shows "bear." If there’s no significant change, it shows "neutral."


Customizable Settings:


TimeFrame: Sets the time period for the analysis.


TMAPeriod: The period for the moving average calculation.


Price: The price types used for the calculations (close, open, high, low, or average).


ATRMultiplier: A multiplier applied to ATR to determine the bands.


TrendThreshold: The threshold that helps identify the market trend.


alertsOn: Option to enable sound, email, and message alerts.


Interpolation: Adjusts the accuracy of calculations.


TMA Update Calculations:

The indicator updates the TMA in two ways:


Full recalculation: When significant price changes occur.


Incremental update: When small price changes occur, and the calculations are done gradually.


This indicator is designed to help traders accurately follow market trends and adjust their strategies accordingly.



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$55