Description
Overview
The Trend Break Scanner utilizes a high-speed momentum filter that translates complex volatility data into a visual “Cloud.” It identifies trend direction faster than traditional moving averages by using a proprietary sensitivity factor.
Core Concept
The scanner provides high-precision trendlines that utilize Angle Stabilization to ensure mathematical consistency.
- Logic: The slope is calculated using “Price Change Per Bar,” ensuring that the visual Line Length (defaulted to 45) does not affect the mathematical steepness of the trend.
- Customization: Users have full control over color, thickness, and style (Solid, Dashed, or Dotted) for both Resistance and Support flows to suit their visual preference.
- Intraday Fibonacci Session Pivots: A session-specific overlay providing target levels (P, R1-R3, S1-S3) based on the previous day’s range.
