Coral is a technical indicator designed to identify market trends and reversals with reduced lag compared to standard moving averages. It employs a 6-stage Infinite Impulse Response (IIR) filter, which applies six consecutive exponential moving averages (EMAs) to smooth price data and calculate slope changes. The indicator visually represents trends using a color-coded line: blue for uptrends, red for downtrends, and yellow dots marking precise reversal points.

Key features include alert notifications (popup and sound) for trend reversals and optional entry arrows indicating bullish (▲) and bearish (▼) entry points. The indicator supports all timeframes and is applicable across various markets, including Forex, Indices, Metals, and Stocks. Users can customize parameters such as price type, smoothing period, and alert settings.

The entry strategy suggests entering long positions when the line transitions from red to yellow to blue, and short positions when it shifts from blue to yellow to red. Coral aims to provide clearer, timely trend signals to assist traders in identifying trend changes as they occur.