My TMwP

## Indicator Description

This indicator is an enhanced version of the Trend Magic indicator, incorporating a clearly defined pivot line to visually indicate potential trend reversals.

The original Trend Magic indicator leverages two key components:

- **Commodity Channel Index (CCI)**: A momentum-based oscillator developed by Donald Lambert in 1980, which measures the current price relative to its average over a specified period.
- **Average True Range (ATR)**: A volatility indicator that captures market volatility by measuring price movement ranges.

### How the Indicator Works

The Commodity Channel Index (CCI) calculation involves three primary steps:

1. **Typical Price Calculation**
The typical price is the average of each period's high, low, and close prices:
$$
\text{Typical Price} = \frac{\text{High} + \text{Low} + \text{Close}}{3}
$$
*(In this indicator, the built-in variable `hlc3` is used.)*

2. **Simple Moving Average (SMA) of Typical Price**
The indicator calculates an SMA of the typical price over a user-defined period.

3. **CCI Calculation**
Finally, the CCI is computed as the difference between the typical price and its SMA, divided by a multiple of the mean deviation.

### Pivot Line and Trend Reversal

The pivot line added to this enhanced Trend Magic indicator clearly marks the price level at which a trend reversal would occur. Specifically, when the asset's price crosses and closes beyond the SMA of the typical price, a pivot occurs—signaling a potential change in market direction. This pivot line thus provides traders with an intuitive visual reference for identifying critical trend reversal points.

### Customizable Parameters

Users can easily customize key parameters through input settings:

- **CCI Period**: Adjusts sensitivity to momentum shifts.
- **ATR Multiplier**: Modifies volatility responsiveness.
- **ATR Period**: Defines the lookback period for volatility calculations.

By fine-tuning these parameters, you can adapt the indicator to their preferred trading style and market conditions.