The Bear & Bull Tie

What it does:
Bear & Bull Tie is a moving average crossover indicator that identifies trend reversals and generates entry/exit signals based on the relationship between price and three simple moving averages (SMA 21, SMA 55, SMA 89). The indicator combines these three MAs into an Average Moving Average (AMA) to confirm directional bias, then uses ATR (Average True Range) volatility measurement for dynamic position sizing and stop-loss placement.

How it works:
The indicator operates on a simple but effective principle: it enters a bullish trend when price closes above all three moving averages simultaneously, and enters a bearish trend when price closes below all three MAs simultaneously. This "three MA alignment" approach filters out noise and confirms genuine trend changes. The indicator then plots:

Entry levels at the highest MA during uptrends or lowest MA during downtrends
Stop-loss zones calculated using 2x ATR distance from entry prices
Trend confirmation fill between price and the Average Moving Average, color-coded blue for bullish and red for bearish

The ATR-based stop-loss sizing adapts to market volatility, making it suitable for different market conditions and timeframes.

How to use it:
Monitor the filled zones to visually confirm your trend bias
Watch for alerts when new long or short setups form; entry prices and ATR-based stops are displayed on the chart
Trade the zones between your entry level and stop-loss zone, adjusting position size based on your risk tolerance
Exit when colors reverse to indicate trend termination

The indicator works best on higher timeframes (1H and above) where trend clarity is stronger and false signals are reduced.

Alerts: FOR AUTOMATION / NOTIFICATION's (create an alert for B/B tie (2, 4) that uses Any Alert / Function Call )

Long Positions:

entries ---> "Bull Tie on NVDA | Entry : 100.5 | ATR Stop : 99.5"

exits ------> "Bull Tie on NVDA | Exit : 110.1"

Short Positions:

entries ---> "Bear Tie on NVDA | Entry : 120.05 | ATR Stop : 85.05"

exits -----> "Bear Tie on NVDA | Exit : 100"


Credits:
This script incorporates concepts and code portions from LOKEN94 with his explicit permission. Special thanks for the foundational logic that inspired this development.

Disclaimer:
This indicator is for educational and analytical purposes. It is not financial advice. Past performance does not guarantee future results. Always manage risk properly and use stops. Test thoroughly on historical data before live trading.