WizeDec Small Trend Indicator by DeluxAlgo

This indicator is meant to detect smaller trends that are created inside of bigger trends. It works very well with any indicators that show the bigger trend direction at hand - this makes it a lot easier to range trade.

The indicator uses several of the most popular methods of detecting trends in its calculation and has shown to be quite accurate across timeframes and securities.

If you would like to detect bigger trends, raise the value of ‘Small Trend Meter’ and lower it to allow the detection of smaller trends.

If you would like to try this indicator out, please contact me directly or comment below this post.

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact DeluxAlgo for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

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