TradingView Indicator | TrendAlerts: Buy & Sell Indicator V2.0 | For Options, Stock, Forex, Crypto

TrendAlert: Buy & Sell Indicator:
The TrendAlert: Buy & Sell indicator is designed to help traders identify potential buy and sell opportunities in the market using a combination of Heikin Ashi candles and customizable moving averages.

Easy to follow Indicator:
"Buy" and "Sell" indicator is plotted right on your TradingView chart. Can be used for ANY asset class (i.e. Stocks, Forex, Crypto, Options)

Set Alerts:
In Tradingview, clicks on the Alerts management, and you can set an alert for whenever the "Trendchanges" (free Tradingview version allows for 1 alert on a asset, pro allows unlimited alerts)

The indicator computes moving averages for open, close, high, and low prices based on the selected type, allowing for flexible analysis tailored to user preferences.

Period: Set the period for calculating moving averages (default is 35).
Hide Candles: Option to hide the standard candles for a cleaner chart view.
Candle Smoothing: Choose between two smoothing techniques (Valcu or Vervoort) to enhance the Heikin Ashi calculations.
Moving Average Type: Select from various moving average types (Weighted, Exponential, TEMA, Hull, Variable, or Simple) to best suit your trading strategy.
Moving Average Calculation:

Heikin Ashi Candles:
Utilizes Heikin Ashi candle logic to provide a clearer representation of price action, making it easier to spot trends and reversals.
Buy and Sell Conditions:

The script defines specific conditions to generate buy and sell signals based on the relationship between the Heikin Ashi open and close prices:
Buy Signal: Triggered when the Heikin Ashi open is below the close, indicating potential upward momentum.
Sell Signal: Triggered when the Heikin Ashi open is above the close, suggesting possible downward movement.
Visual Alerts:

Buy and sell signals are visually represented on the chart with clear labels, helping traders make informed decisions quickly.
Alerts for Trend Changes:

Users can set up alerts to notify them of trend changes based on the buy and sell conditions, allowing for timely responses to market movements.
Usage:
This indicator is ideal for both novice and experienced traders looking to enhance their trading strategies with automated signals and visual alerts. Whether you trade forex, stocks, or cryptocurrencies, TrendAlert: Buy & Sell can help you navigate market trends more effectively.