# AlphaTrend

**AlphaTrend is a brand new strategy derived from Trend Magic. Alpha Trend tries to solve those problems such as:**

1-To minimize stop losses and overcome sideways market conditions.\
2-To have more accurate BUY/SELL signals during trending market conditions.\
3- To have significant support and resistance levels.\
4- To bring together indicators from different categories that are compatible with each other and make a meaningful combination regarding momentum, trend, volatility, volume and trailing stop loss.\
\
according to those purposes Alpha Trend:\
1- Acts like a dead indicator like its ancestor Magic Trendin sideways market conditions and doesn't give many false signals.\
2- With another line with 2 bars offsetted off the original one Alpha Trend have BUY and SELL signals from their crossovers.\
BUY / LONG when Alpha Trend line crosses above its 2 bars offsetted line and there would be a green filling between them\
SELL / SHORT when Alpha Trend line crosses below its 2 bars offsetted line and filling would be red then.

<mark style="color:blue;">Download PineScript(Cash/Futures) here</mark>

{% file src="/files/Dly0LY34apCgI1PirQFT" %}

<mark style="color:blue;">Download PineScript(Options)   here</mark>

{% file src="/files/Tq2PUxDkc8iD9mOub4so" %}


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