Trinity MidPoint ATR Ribbon
This script's source code is protected by the author.
Instead of continuously adjusting range boundaries with every price move, the indicator establishes fixed horizontal ranges based on VWAP-derived price dispersion. Each range stays active until price confirms a breakout above its upper or below its lower boundary.
The indicator combines three core components:
• VWAP Range = volume-weighted horizontal price structure
• Smart Trend = volatility-adaptive directional classification
• Range-Anchored VWAP = developing volume-weighted price equilibrium
The VWAP Range establishes the upper, lower, and central price levels. Smart Trend evaluates broader directional conditions and classifies each new range as bullish, bearish, or neutral.
Once a range is established, its boundaries and trend classification remain fixed until the next range forms.
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