OPEN-SOURCE SCRIPT

Solar VPR (No EVMA) + Alpha Trend

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This Pine Script v6 indicator combines Solar VPR (without EVMA slow average) and Alpha Trend to identify potential trading opportunities.

Solar VPR calculates a Simple Moving Average (SMA) of the hlc3 price and defines upper/lower bands based on a percentage multiplier. It highlights bullish (green) and bearish (red) zones.
Alpha Trend applies ATR-based smoothing to an SMA, identifying trend direction. Blue indicates an uptrend, while orange signals a downtrend.
Buy/Sell Signals appear when price crosses Alpha Trend and aligns with Solar VPR direction.

Aviso legal

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