MTF LineReg Psychotrader4 (BPS, History, Alert)#MTF LineReg Psychottrader4 (BPS, History, Alert)
1. Multi-Timeframe Trend Analysis: The indicator tracks two different timeframes (Fast HTF and Slow HTF) using Linear Regression to determine the dominant market direction and filter out noise.
2. Ultra-Smooth Signal Processing: It utilizes a proprietary "Ultra-Smooth" calculation method, combining Linear Regression with Hull Moving Averages (HMA) and EMA to reduce lag while maintaining high sensitivity to price changes.
3. Dynamic Volatility Filtering: It calculates an annualized Parkinson Volatility with a customizable IV-Buffer, ensuring that signals only trigger when market movement meets a minimum "Vol-Threshold."
4. Slope-Based Momentum Verification: Beyond simple crossovers, the script measures the "Slope" (angle) of the fast trend line to ensure a trade is only taken when momentum is strong enough.
5. Volatility-Adjusted Standard Deviation Levels: The indicator automatically projects three Standard Deviation (SD) levels based on current volatility, providing immediate targets or risk zones (SD 1, 2, and 3).
6. Intelligent Signal Shielding: To prevent "Over-Trading," the script includes a state-protection logic that resets triggers only after a trend reversal, preventing multiple buy/sell signals within the same trend phase.
7. Real-Time Diagnostic Dashboard: It displays a high-visibility table at a custom position (e.g., bottom-left) showing the current status (READY/WAITING), trend bias (BULL/BEAR), and precise volatility data.
8. Automated Trade History: The script maintains an internal array of the last five signals, including the entry price and the volatility at the time of the signal, for quick performance review.
9. Customizable Accessibility: It follows strict UI rules—using white text on red backgrounds and black text on green/yellow—with adjustable font sizes and table positions to fit any trader's screen setup.
#Have fun!
##Greetings from Germany!
Pine Script® indicator
