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[AlgoFract Quant] True Trend Candles

[AlgoFract Quant] True Trend Candles — Redefining Charts
Highly trend-filtered, noise-reduced candlesticks that preserve what matters — real highs, lows, and closes.
Unlike Heikin-Ashi which modifies ALL OHLC values (making stops and targets unreliable), True Trend Candles smooth only the Open while keeping the actual price extremes intact. You get clean trend visualization WITHOUT sacrificing chart fidelity.
This is a PAID indicator, part of the [AlgoFract Quant] Suite.
🔗 Get Access:
AlgoFract.com
Whop Marketplace
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🔷 THE PROBLEM WITH TRADITIONAL CANDLES
Standard candlesticks flicker constantly — green candles appear randomly during clear downtrends, red candles interrupt obvious uptrends. This visual noise makes trend identification harder than it needs to be.
Heikin-Ashi solves noise but creates a bigger problem: ALL values are modified. You can't trust the highs and lows for stop placement or targets.
True Trend Candles gives you the best of both worlds and more.
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🔷 HOW IT WORKS
Philosophy: Smooth the Open, Preserve the Reality
The Open is the only static value in a candle — it's set at bar start and never changes. By smoothing only this value, we create cleaner trend visualization while keeping price action fidelity at the extremes.
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🔷 TRUE TREND VS HEIKIN-ASHI
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🔷 CANDLE STATES
Color transitions are smooth and deliberate — no random flickering. When the trend is down, you see consistent red. When it flips, the green is crisp and clear.
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🔷 FLAT-OPEN LEVELS
When a candle opens with no wick on one side, it marks a significant level:
They often signal the start of a new trend.
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🔷 HOW TO USE
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🔷 WHY TRUE TREND CANDLES?
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🔷 BEST FOR
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Part of the [AlgoFract Quant] Suite — Quantitative tools for data-driven traders.
🔗 algofract.com
Highly trend-filtered, noise-reduced candlesticks that preserve what matters — real highs, lows, and closes.
Unlike Heikin-Ashi which modifies ALL OHLC values (making stops and targets unreliable), True Trend Candles smooth only the Open while keeping the actual price extremes intact. You get clean trend visualization WITHOUT sacrificing chart fidelity.
This is a PAID indicator, part of the [AlgoFract Quant] Suite.
🔗 Get Access:
AlgoFract.com
Whop Marketplace
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔷 THE PROBLEM WITH TRADITIONAL CANDLES
Standard candlesticks flicker constantly — green candles appear randomly during clear downtrends, red candles interrupt obvious uptrends. This visual noise makes trend identification harder than it needs to be.
Heikin-Ashi solves noise but creates a bigger problem: ALL values are modified. You can't trust the highs and lows for stop placement or targets.
True Trend Candles gives you the best of both worlds and more.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔷 HOW IT WORKS
Philosophy: Smooth the Open, Preserve the Reality
- Open — Smoothed (reduces noise, stabilizes candle body)
- High — ACTUAL (unchanged — use for stops/targets)
- Low — ACTUAL (unchanged — use for stops/targets)
- Close — ACTUAL (unchanged — critical for signals)
The Open is the only static value in a candle — it's set at bar start and never changes. By smoothing only this value, we create cleaner trend visualization while keeping price action fidelity at the extremes.
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🔷 TRUE TREND VS HEIKIN-ASHI
- Stop Placement — TTC: Accurate ✓ | HA: Unreliable ✗
- Price Targets — TTC: Accurate ✓ | HA: Unreliable ✗
- Visual Clarity — TTC: High ✓ | HA: High ✓
- Chart Fidelity — TTC: Preserved ✓ | HA: Lost ✗
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🔷 CANDLE STATES
- 🟢 Green — Bullish trend state (Close > Smoothed Open)
- 🔴 Red — Bearish trend state (Close < Smoothed Open)
Color transitions are smooth and deliberate — no random flickering. When the trend is down, you see consistent red. When it flips, the green is crisp and clear.
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🔷 FLAT-OPEN LEVELS
When a candle opens with no wick on one side, it marks a significant level:
- Green Flat-Open — Open = Low → Strong Buying Pressure (buyers controlled from the start)
- Red Flat-Open — Open = High → Strong Selling Pressure (sellers controlled from the start)
They often signal the start of a new trend.
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🔷 HOW TO USE
- Trade with the color — Green = bullish bias, Red = bearish bias
- Enter on flips — Color change signals potential entry
- Watch flat-open levels — Trend-starting Potential
- Trust the wicks — They show ACTUAL price for stops/targets
- Combine with other tools — Use as a trend filter for other signals
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🔷 WHY TRUE TREND CANDLES?
- Noise-filtered — Clean, consistent color runs during trends
- Price fidelity — Real highs/lows preserved for accurate stops and targets
- Clear transitions — Reversals are crisp, not gradual
- Simple interpretation — Green = bullish, Red = bearish
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🔷 BEST FOR
- Traders frustrated by candle noise
- Anyone who needs accurate highs/lows for stop placement
- Trend-following strategies
- Using as a directional filter for other indicators
- Any timeframe — scalping to swing
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Part of the [AlgoFract Quant] Suite — Quantitative tools for data-driven traders.
🔗 algofract.com
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、AlgoFractに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
Get access by visiting our website: https://www.algofract.com/ Or visit our Marketplace: https://whop.com/algofract/algofract-quant
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、AlgoFractに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
Get access by visiting our website: https://www.algofract.com/ Or visit our Marketplace: https://whop.com/algofract/algofract-quant
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。