HalfTrend Indicator (Indie Version) is a trend-following indicator designed to help traders identify the current trend direction and potential trend reversals with clear visual signals. The indicator plots a dynamic half trend line that changes color based on market conditions and highlights possible entry and exit points using arrows.
This half trend indicator is based on price action, ATR (Average True Range), and swing high / swing low detection. When the trend shifts, the indicator line changes color and a blue or red arrow appears, signaling a possible bullish or bearish move. This makes it a practical trading tool for trend detection and trend identification across different markets.
The indicator works on all timeframes and is commonly used in forex trading, especially on higher time frames where trend strength is more stable. Traders can combine the HalfTrend indicator with other technical analysis tools, such as moving average or RSI, to filter signals and improve actual trading decisions.
Originally popular on TradingView and MT4, this version brings the classic HalfTrend logic to the TakeProfit platform with clean visuals and consistent behavior.
Key use cases:
The HalfTrend indicator is a reliable trend indicator for traders who prefer clear visuals, dynamic trend lines, and structured trend-following analysis without unnecessary complexity.
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