sharp vision traders

The Coral Trend (with Super Trend) is a popular Forex trading indicator, We proceeded to port this from TradingView. but we've incorporated an approach by #Mobius utilized in ThinkScript for trend detection. Our team holds the Super Trend Indicator in high regard for its logical framework, particularly the ART/CCI methods it employs. We've combined these methods with the Coral Trend indicator's features to enhance our version.

It's important to acknowledge a common limitation of standard trend indicators: they perform well in trending markets but can falter in ranging markets. Our integration of the Super Trend indicator's trend detection aims to mitigate this issue, though it's not a complete solution. Traders must be adept at discerning whether the market is trending or ranging, which can be aided by analyzing price action and possibly incorporating additional indicators for range detection.

Key Features of Our Indicator:

• Versatility in Usage: It functions like a standard moving average indicator. Users have the flexibility to choose whether or not to apply coloring based on the identified trend.
• Trend Detection Options: Users can select between the standard trend detection and our modified version. For those opting for the 'Modified' trend detection, it's crucial to enable 'Strict Mode'.
• Customization in 'Strict Mode': When 'Strict Mode' is active, users can fine-tune the Average True Range (ATR) parameters. This customization is particularly beneficial for adapting the indicator to different time frames.

We encourage you to examine the provided screenshots for a comprehensive understanding of the setup options available with our enhanced indicator. Remember, while our tool offers advanced features, the effectiveness of any trend indicator is partly dependent on the market's state and the trader's skill in interpreting market conditions.