Purpose: Trend Master TP is designed to identify and highlight the current market trend along with potential stop-loss levels by utilizing dynamic Average True Range (ATR) and Multiplier values. The inclusion of take profit targets helps confirm take profit points and visually displays them on the chart, allowing traders to validate suitable entry and exit points.

How to Apply: Select “Trend Master TP [Market Spotter]” under the “Invite-only scripts” on TradingView.

Characteristics: This indicator offers flexibility and a user-friendly interface, allowing traders to adjust ATR values and activate visual signals with customizable entry and take profit targets. Alert options enhance the framework by supporting entries, managing stop-loss levels, and setting take profit targets.

Alerts: TradingView alerts notify traders of specific market conditions or price movements in real time. Users can configure them based on parameters such as price levels or technical indicators. These alerts help traders stay informed and make timely decisions to optimize their trading strategies. A tutorial on setting alerts with our indicators is available for further guidance.