wma+ tendance

🟢 Wma+ tendance– Trend Ribbon with Weighted Moving Averages and Alerts
Description:
Wma+ tendance is a visual trend indicator that uses two Weighted Moving Averages (WMA) – a fast and a slow one – to clearly highlight market direction. It fills the space between the two WMAs with dynamic colors and includes alerts for trend changes.

🟩 Green: Uptrend – the fast WMA is above the slow WMA, and both are rising.

🟥 Red: Downtrend – the fast WMA is below the slow WMA, and both are falling.

⬜ Gray: No clear trend – indicating potential sideways or consolidating price action.

Features:

Trend ribbon visualized between fast and slow WMAs

Alerts for bullish and bearish trend detection

Customizable inputs for MA lengths and price source

Use cases:

Spot early trend formations

Combine with other indicators for confirmation

Adaptable for intraday and swing trading strategies

This script helps traders stay on the right side of the trend with minimal noise and real-time alerts.