Wizard Trend Supports

The "Trend Supports" indicator is designed to help you visually track market trends based on smoothed price data. Here's a guide on how to use this indicator effectively:

1. Understanding the Step Line and Diamonds
Green Step Line with Diamonds: When the indicator shows a green step line with diamonds, it suggests an uptrend in the market.
Red Step Line with Diamonds: When you see a red step line with diamonds, it indicates a downtrend.
2. Trend Interpretation
The indicator uses a smoothing algorithm to filter out market noise and show a clearer trend direction.
You can interpret the trend direction based on the color of the step line:
Green Line (Uptrend): This is a signal to consider buying opportunities or holding long positions if other conditions align with your strategy.
Red Line (Downtrend): This suggests a downtrend, where you might look for selling opportunities or avoid buying.
3. Adjusting Settings for Customization

"Disclaimer: This indicator is intended for educational purposes only and does not constitute financial advice. Trading involves significant risk, and users should perform their own research and consult with a licensed financial advisor before making any trading decisions."