Nehan Trend Assist

Nehan Trend Assist is a trend-following and decision-support indicator designed to help traders visually identify market bias and potential entry zones without providing direct trading advice.

This indicator combines the following concepts into a single framework:
• ATR-based trailing logic to visualize directional pressure and trend transitions
• EMA trend filtering (EMA 20 / EMA 50) to identify whether the market is in a bullish or bearish environment
• Optional Heikin Ashi source to reduce noise and smooth price behavior during volatile conditions

Core Concept

The purpose of this script is not to generate standalone buy/sell signals.
Instead, it serves as a context and confirmation tool to support discretionary trading decisions.

Signals are displayed only when:
• A directional change is detected by the ATR trailing logic, and
• The broader trend direction is aligned using EMA filters (when enabled)

This helps reduce counter-trend indications during strong trending conditions.

How to Use
• Use this indicator together with your own analysis, such as price action, support/resistance, or volatility tools
• Signals should be treated as alerts or points of interest, not execution commands
• Best suited for trend-following environments on intraday timeframes

This script is intended for educational and analytical purposes only and does not constitute financial or trading advice.