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STMD Indicator PRO

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The STMD Indicator PRO is designed for traders looking to capture strong trends using moving average alignment and the powerful Elephant Bar pattern, popularized by Oliver Velez.

đź“‹ How it works?
âś” Simple Moving Averages:

SMA 8 (Black)

SMA 13 (Purple)

SMA 20 (Blue)

SMA 200 (Red, optional filter)

âś” Signal conditions:

All SMAs aligned and trending in the same direction

Price near the short-term SMAs

A strong candle (Elephant Bar) with a big body and small opposite wick

Signal only on the first or second consecutive candle of the same color

âś… Features
âś” Background color showing trend bias
âś” Alerts ready: STMD Buy and STMD Sell
âś” Optional SMA 200 filter for higher timeframe confirmation

📌 Disclaimer: This script is for educational purposes only. Not financial advice.

Note di rilascio
STMD Indicator PRO – Professional Setup
The STMD Indicator PRO is designed for traders looking to capture strong trends using moving average alignment and the powerful Elephant Bar pattern, popularized by Oliver Velez.

đź“‹ How it works?
âś” Simple Moving Averages:

SMA 8 (Black)

SMA 13 (Purple)

SMA 20 (Blue)

SMA 200 (Red, optional filter)

âś” Signal conditions:

All SMAs aligned and trending in the same direction

Price near the short-term SMAs

A strong candle (Elephant Bar) with a big body and small opposite wick

Signal only on the first or second consecutive candle of the same color

Declinazione di responsabilitĂ 

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.