Coral Trend Indicator: How to Spot Market Trends Like a Pro (TradingView Pine Script)
Ever felt frustrated trying to figure out which way the market is actually heading? The Coral Trend Indicator might just be what you've been looking for. It's basically a really smart way to smooth out all the noise in price charts so you can see the actual trend without getting fooled by random price jumps.
What makes this thing cool is that it doesn't just slap a simple moving average on your chart and call it a day. Instead, it runs the price data through multiple layers of smoothing - think of it like filtering water through several layers to get it crystal clear. The end result? A clean line that changes color to tell you what's happening: green when prices are trending up, red when they're heading down, and blue when things are just sideways.




