OPEN-SOURCE SCRIPT
Veil Trend

# Veil Trend (VTrend)
**Veil Trend** is a minimalist trend-following and volatility framework built around a triple-EMA structure and adaptive price bands. It is designed to clearly define trend direction, dynamic support and resistance, and momentum expansion—without clutter.
---
## 🔹 Core Components
### Main EMA (Slow)
Acts as the primary trend axis.
- Price **above** the main EMA → bullish bias
- Price **below** the main EMA → bearish bias
### Medium EMA
Tracks intermediate momentum and trend strength, helping visualize pullbacks within the broader trend.
### Fast EMA (Optional)
Provides short-term momentum sensitivity and early trend shifts.
Hidden by default to maintain a clean chart.
---
## 🔹 Adaptive Veil Bands
Veil Trend wraps the main EMA with adaptive volatility bands (“the veil”) to define normal price movement versus expansion.
- **ATR-Based Bands (Default)**
Bands automatically expand and contract with volatility, adapting to changing market conditions.
- **Percentage-Based Bands (Optional)**
Bands are offset by a fixed percentage from the main EMA, useful for consistent scaling across instruments.
The shaded area between bands represents the **healthy trend zone**, where pullbacks and consolidations typically occur.
---
## 🔹 Signals & Interpretation
*(Disabled by default for a clean visual experience)*
### Band Breaks
- **Break above upper band** → strong bullish momentum
- **Break below lower band** → strong bearish momentum
### Band Bounces
- **Bounce from lower band** → potential bullish continuation
- **Rejection at upper band** → potential bearish continuation
Alerts are included for all band events and can be enabled as needed.
---
## 🔹 Visual Design Philosophy
- Clean, layered EMA structure (“noodles”)
- Subtle volatility bands with optional fill
- Optional status table for quick market context
- Minimalist by default, information-rich when enabled
---
## 🔹 Best Use Cases
- Identifying trend direction and bias
- Trading pullbacks within established trends
- Spotting volatility expansion and breakout conditions
- Works on **stocks, crypto, forex, and indices**
- Effective across all timeframes
---
**Veil Trend doesn’t predict — it reveals.**
**Veil Trend** is a minimalist trend-following and volatility framework built around a triple-EMA structure and adaptive price bands. It is designed to clearly define trend direction, dynamic support and resistance, and momentum expansion—without clutter.
---
## 🔹 Core Components
### Main EMA (Slow)
Acts as the primary trend axis.
- Price **above** the main EMA → bullish bias
- Price **below** the main EMA → bearish bias
### Medium EMA
Tracks intermediate momentum and trend strength, helping visualize pullbacks within the broader trend.
### Fast EMA (Optional)
Provides short-term momentum sensitivity and early trend shifts.
Hidden by default to maintain a clean chart.
---
## 🔹 Adaptive Veil Bands
Veil Trend wraps the main EMA with adaptive volatility bands (“the veil”) to define normal price movement versus expansion.
- **ATR-Based Bands (Default)**
Bands automatically expand and contract with volatility, adapting to changing market conditions.
- **Percentage-Based Bands (Optional)**
Bands are offset by a fixed percentage from the main EMA, useful for consistent scaling across instruments.
The shaded area between bands represents the **healthy trend zone**, where pullbacks and consolidations typically occur.
---
## 🔹 Signals & Interpretation
*(Disabled by default for a clean visual experience)*
### Band Breaks
- **Break above upper band** → strong bullish momentum
- **Break below lower band** → strong bearish momentum
### Band Bounces
- **Bounce from lower band** → potential bullish continuation
- **Rejection at upper band** → potential bearish continuation
Alerts are included for all band events and can be enabled as needed.
---
## 🔹 Visual Design Philosophy
- Clean, layered EMA structure (“noodles”)
- Subtle volatility bands with optional fill
- Optional status table for quick market context
- Minimalist by default, information-rich when enabled
---
## 🔹 Best Use Cases
- Identifying trend direction and bias
- Trading pullbacks within established trends
- Spotting volatility expansion and breakout conditions
- Works on **stocks, crypto, forex, and indices**
- Effective across all timeframes
---
**Veil Trend doesn’t predict — it reveals.**
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.
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.
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.