OPEN-SOURCE SCRIPT

Kulahli - KLSI

422
Dynamic Price Levels & Trend Tracker
Description

This indicator focuses on identifying dynamically changing price levels and determining the trend direction.

Key Features:

Dynamic Level Calculation: Price levels are continuously recalculated in a way that is sensitive to market conditions.
Trend Indicator: Based on how long the price stays above or below a certain level, the indicator shows the trend direction (uptrend or downtrend).
Color Coding: Price levels and trend direction are coded with different colors for easy visual identification.
Customizable Sensitivity: Offers sensitivity settings to adjust how quickly the indicator reacts to price changes.
Alert Options: Can be configured to receive alerts when the price crosses a specific level or when the trend direction changes.
How to Use:

Disclaimer:

This indicator is for educational and informational purposes only and should not be considered financial advice.
Past performance is not indicative of future results.1  

Use at your own risk.
Feel free to adjust this draft according to the specific features and functions of your indicator.

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