True Trend¶
v.2.1.0.0
Overview¶
An ATR-based trailing line that follows the trend - under the price in an up trend, over it in a down trend - with a cloud between the line and the close. When the price crosses the line, the trend turns and a badge marks the signal with its price.
Parameters¶
General Parameters¶
| Parameter | Default | What it does |
|---|---|---|
| Responsiveness | 1.3 | The parameter is signal sensitive, in fact it is the ATR multiplier |
| ATR Period | 14 | The ATR period of the trailing line distance. |
| EMA Period | 1 | The EMA of the close that has to cross the trailing line for a signal; 1 = the close itself. |
Visual¶
| Parameter | Default | What it does |
|---|---|---|
| Trend line | On | The trailing line on the price chart: under the price in an up trend, over it in a down trend - where the trend turns. |
| Cloud | On | A soft fill between the close and the trend line: its width is how far the price ran from the line. |
| Cloud opacity | 18 | The cloud's opacity, %. |
| Signal badges | On | A pill with ▲ / ▼ and the close at each signal. |
| Up color | dodger blue | The up trend: line, cloud, badge. |
| Down color | red | The down trend: line, cloud, badge. |
For strategies¶
Trend - 1 on an up signal, -1 on a down signal, 0 otherwise.
Version history¶
v.2.1.0.0 - October 2026
- New: the trend line and cloud on the price chart; signal badges.
Earlier versions
v.2.0.0.0 - October 2026
- Fixed: a signal that disappears within the bar leaves no arrow.