🔵 OVERVIEW
A statistical trend analysis tool that combines moving average dynamics with standard deviation zones and trend-specific price distribution.
This is an experimental indicator designed for educational and learning purposes only.
🔵 CONCEPTS
🔵 FEATURES
🔵 HOW TO USE
🔵 CONCLUSION
Deviation Trend Profile [BigBeluga] visualizes how price distributes during trends relative to statistical deviation zones.
It’s a powerful confluence tool for identifying strength, exhaustion, and the rhythm of price behavior—ideal for swing traders and volatility analysts alike.
A statistical trend analysis tool that combines moving average dynamics with standard deviation zones and trend-specific price distribution.
This is an experimental indicator designed for educational and learning purposes only.
🔵 CONCEPTS
- Trend Detection via SMA Slope: Detects trend shifts when the slope of the SMA exceeds a ±0.1 threshold.
- Standard Deviation Zones: Calculates ±1, ±2, and ±3 levels from the SMA using ATR, forming dynamic envelopes around the mean.
- Trend Distribution Profile: Builds a histogram that shows how often price closed within each deviation zone during the active trend phase.
🔵 FEATURES
- Trend Signals: Immediate shift markers using colored circles at trend reversals.
- SMA Gradient Coloring: The SMA line dynamically changes color based on its directional slope.
- Trend Duration Label: A label above the histogram shows how many bars the current trend has lasted.
- Trend Distribution Histogram: Visual bin-based profile showing frequency of price closes within deviation bands during trend lookback period.
- Adjustable Bin Count: Set the granularity of the distribution using the “Bins Amount” input.
- Deviation Labels and Zones: Clearly marked ±1, ±2, ±3 lines with consistent color scheme.
- Trend Strength Insight:
• Wide profile skewed to ±2/3 = strong directional trend.
• Profile clustered near SMA = potential trend exhaustion or range.
🔵 HOW TO USE
- Use trend shift dots as entry signals:
• 🔵 = Bullish start
• 🔴 = Bearish start - Trade with the trend when price clusters in outer zones (±2 or ±3).
- Be cautious or fade the trend when price distribution contracts toward the SMA.
- View across multiple timeframes for trend confluence or divergence.
🔵 CONCLUSION
Deviation Trend Profile [BigBeluga] visualizes how price distributes during trends relative to statistical deviation zones.
It’s a powerful confluence tool for identifying strength, exhaustion, and the rhythm of price behavior—ideal for swing traders and volatility analysts alike.
Notas de Lançamento
-thumbnailNotas de Lançamento
-Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
🔵Gain access to our powerful tools : bigbeluga.com/tv
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
🔵Gain access to our powerful tools : bigbeluga.com/tv
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
🔵Join our free discord for updates : bigbeluga.com/discord
All scripts & content provided by BigBeluga are for informational & educational purposes only.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
