I Seek Trends: A SuperTrend Indicator with Neutral Confirmation States

Summary

I Seek Trends adapts the ATR-based SuperTrend by inserting neutral phases between confirmed bullish and bearish states. Its five states distinguish established trends, transitions out of either trend, and full neutrality after a failed breakout. When price first breaks a trend line, the indicator waits through a one-bar lag; subsequent movement can confirm a reversal or return the market to neutral. The stated aim is to reduce whipsaws during consolidation, at the cost of later signals on genuine reversals.

The indicator uses separate multipliers for bullish, bearish, and neutral bands, and can measure volatility with ATR or standard deviation. A moving average of price can smooth band inputs. Suggested uses include trend entries and exits, dynamic stop levels, and identifying markets that spend substantial time in neutral states; the document also suggests confirmation from momentum or volume measures. It provides implementation logic and parameter defaults, but no backtest or measured evidence for improved results. Performance depends on instrument, timeframe, and parameter choices.

Key ideas

• The indicator uses five states to distinguish confirmed trends from transitional and directionless markets.
• A one-bar delay and confirmation conditions aim to filter whipsaws around trend changes.
• Separate band multipliers allow different distances during bullish, bearish, and neutral states.
• Volatility can be measured with ATR or standard deviation, and price inputs can be smoothed.
• The confirmation delay may reduce false signals but also makes genuine reversals appear later.

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