OPEN-SOURCE SCRIPT

Trend Display Table (with Change Alerts)

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📌 Indicator: Trend Display Table (with Change Alerts)

This indicator helps identify trend direction based on a 15-minute 20 SMA compared against a 10 EMA applied to that SMA.

Trend Logic:

Bullish → 20 SMA crosses above 10 EMA (on SMA values)

Bearish → 20 SMA crosses below 10 EMA (on SMA values)

Neutral → No crossover (trend continues from previous state)


Display:
A compact trend table appears on the chart (top-right), showing the current trend with customizable colors, font size, and background.

Alerts:
Alerts are triggered only when the trend changes (from Bullish → Bearish or Bearish → Bullish).
This prevents repeated alerts on every bar.


✅ Useful for:

Confirming higher timeframe trend bias

Filtering trades in choppy markets

Getting notified instantly when the trend flips

Aviso legal

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