[X342] Trend Compass

[X342] Trend Compass — MTF Signal System

OVERVIEW
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Trend Compass is an ATR-based trend following indicator that combines momentum analysis with optional engulfing pattern confirmation. It provides clear BUY/SELL signals with two operational modes for different trading styles.

METHODOLOGY
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
The indicator uses a unique approach combining:

1. ATR-Based Dynamic Trend Line
- Calculates Average True Range over configurable period
- Creates adaptive support/resistance zones using ATR × Multiplier
- Trend direction determined by momentum indicator (MFI or RSI)

2. Momentum Classification
- Uses Money Flow Index (MFI) when volume data is available
- Falls back to RSI for instruments without volume
- Above 50 = Bullish momentum → calculates uptrend line
- Below 50 = Bearish momentum → calculates downtrend line

3. Engulfing Pattern Confirmation (Confirmed Mode)
- Detects Grade-A engulfing patterns (configurable scale)
- Validates candle size against minimum threshold
- Lookback period for pattern matching with trend signals

SIGNAL MODES
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
• BASIC Mode: Signals generated on trend line crossovers only
• CONFIRMED Mode: Requires both trend crossover AND engulfing pattern

BUY Signal: Trend line crosses above its lagged value (+ engulfing in Confirmed mode)
SELL Signal: Trend line crosses below its lagged value (+ engulfing in Confirmed mode)

FEATURES
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
✓ Dual language support (English / Türkçe)
✓ Two signal modes for flexibility
✓ Engulfing pattern grade filtering
✓ Visual trend fill between lines
✓ Comprehensive alert conditions
✓ Info panel showing current status

SETTINGS
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
General:
- Language: English / Türkçe

Trend Settings:
- Signal Mode: Basic or Confirmed
- Multiplier: ATR multiplier (default: 1.0)
- Period: Lookback period (default: 14)
- Source: Price source for calculations
- No Volume Data: Use RSI instead of MFI

Engulfing Settings:
- Engulfing Scale: Minimum size ratio (default: 1.5x)
- Min Candle Size: Absolute minimum size filter
- Lookback: Bars to search for engulfing (default: 3)

ALERTS
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
• BUY Signal / SELL Signal
• Confirmed BUY / Confirmed SELL
• Bullish Engulfing / Bearish Engulfing
• Price Cross (trend line cross)

BEST PRACTICES
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
- Use CONFIRMED mode for higher quality signals with fewer false positives
- Use BASIC mode for more frequent signals in trending markets
- Combine with support/resistance or liquidity zones for entry refinement
- Higher multiplier values reduce sensitivity (good for volatile assets)