Dynamic Trend Tracker by [INFINITYTRADER]

Overview:

This indicator overlays four Simple Moving Averages (MAs) and dynamic Support/Resistance (S/R) levels on your chart. It’s designed to help you track trends and identify key price zones effortlessly. Adjust the MA lengths (9, 21, 50, 200) and S/R lookback to match your trading style, with color-coded lines for quick reads. Perfect for beginners or experienced traders, it’s a reliable way to monitor market action without extra noise.

User Inputs:

• MA 9 Length (Default: 9): Adjusts the short-term MA (yellow, 1px).
  
• MA 21 Length (Default: 21): Sets the medium-term MA (blue, 1px).
  
• MA 50 Length (Default: 50): Configures the intermediate MA (red, 1px).
  
• MA 200 Length (Default: 200): Defines the long-term MA (white, 2px).
  
• Support/Resistance Lookback (Default: 30): Sets the period for S/R levels.
  Suggested lookbacks:
  
• 30-min: 20-40 bars (balanced view).
  
• 2-hour: 25-50 bars (medium-term zones).
  
• 4-hour: 35-60 bars (broader context).
  
• Daily: 50-80 bars (long-term levels).
  

How to Use:

1. Load it onto your chart via TradingView’s Pine Editor.
   
2. Adjust MA lengths and S/R lookback in settings—shorter for fast trades, longer for big trends.
   
3. Watch MAs: Crossovers or alignment signal trend shifts—like MA 21 over MA 50 for bullishness.
   
4. Check S/R: Green support could be a buy area, red resistance a sell or breakout watch.
   
5. Add tools like volume or RSI for extra confirmation if needed.
   

How It Helps:

• Trend Clarity: MAs highlight short- and long-term direction to keep you aligned.
  
• Key Levels: S/R lines show where price might pause or reverse, sharpening your decisions.
  
• Easy Read: Colors make it fast to see what’s up.
  
• Flexible: Tweak it for any timeframe or market—stocks, crypto, anything.
  
• Identifying Trend Changes:
  

1. Uptrend: When a higher high and higher low form, draw a line connecting the tips of the lows. Watch for a candle to cross and close below this line as a potential reversal signal.
   
2. Downtrend: When a lower low forms, connect the tips of the highs. Wait for a candle to cross and open above this line for a possible shift. Pair with another indicator (e.g., RSI, volume) and seek confirmation to validate the move.
   

Disclaimer:

This indicator is for educational and informational purposes only. It does not constitute financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct your own research and consider pairing this tool with other analysis methods before making trading decisions. The suggested trend change identification method is a general guideline—test it thoroughly in your strategy.