TREND UP-DN is a professional trend tracking indicator designed for use on the cTrader platform (version 5.0 or later). It identifies potential market reversal points through an adaptive pivot detection algorithm, enhancing accuracy in trend analysis. The indicator features a dynamic adaptive band that adjusts automatically based on market volatility, calculated using Average True Range (ATR) and Simple Moving Average (SMA).
Visual elements include smart candle coloring that transitions from "Fresh" to "Mature" to indicate trend strength, and shaded bearish resistance zones for clearer market interpretation. Entry and exit signals are marked by colored dots when price breaks the band or key support levels. The interface remains clean by displaying the bearish band only during downtrends, disappearing automatically in bullish phases.
Users have full customization over colors, transparency, and sensitivity parameters, allowing adaptation to various trading styles and instruments. The indicator supports multiple markets including forex pairs, commodities, indices, and cryptocurrencies, and is optimized for timeframes of 15 minutes and above to reduce noise. It updates calculations in real time with minimal resource usage and manages chart objects automatically to prevent clutter.
TREND UP-DN is implemented in C# using the cAlgo API and requires no special permissions. It is intended for analytical and educational purposes to assist traders in identifying trend phases and potential reversal points.