AlphaTrend - Medium Term Trend Probability indicator on TOTALES

AlphaTrend – Medium Term Trend Probability Indicator

The MTPI aggregates signals from seven powerful technical indicators to give a high-probability view of market trends. By analyzing multiple trend, momentum, and oscillator indicators simultaneously, MTPI provides a single, unified signal for trading decisions.

Key features:

Aggregated Trend Score: Combines seven indicators to determine bullish or bearish bias. A majority of long signals triggers a bullish view, while a majority of short signals triggers a bearish view.

Dynamic Bar Coloring: Bars are visually colored based on aggregated signals: greenish-blue for bullish, purple for bearish.

Indicator Table: Clear snapshot of which indicators are signaling long, short, or neutral on the current bar.

Customizable Inputs: Adjustable parameters for all underlying indicators, allowing fine-tuning for any trading style.

MTPI is ideal for traders who want to combine multiple technical insights into a single, actionable view without cluttering the chart.