Flat-Trend Indicator for Distinguishing Trends from Ranges

Summary

This brief description introduces an indicator that classifies market conditions as trending or flat. Its display uses pink bars for trends, gray bars for flat conditions, and violet bars to mark a transition between the two states.

The document gives no calculation method, settings, market examples, or performance evidence. It therefore conveys the indicator’s visual interpretation but is insufficient to assess how reliably it identifies regimes or how it might be used in a trading system.

Key ideas

• The indicator labels market conditions as trend or flat.
• Pink bars represent a trend, while gray bars represent a flat market.
• Violet bars indicate a transition between trend and flat states.
• The description does not explain the calculation or provide evidence of predictive value.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.