BB Trend Avg

BB Trend Avg – Probabilistic Trend Duration Dashboard

BB Trend Avg is a trend-analysis companion tool that estimates how long bullish and bearish moves typically last and compares them to the current trend in real time. Instead of trying to predict direction, this indicator focuses on context and probability by measuring how trends historically behave for each ticker.

The script identifies trend transitions using a momentum + trend-following framework, then tracks how many bars each bullish and bearish phase remains active. Over time, it builds rolling averages from prior market behavior and displays those values in a compact table overlay.

The result is a live dashboard that shows:

• Current trend direction
  
• How long the present trend has lasted
  
• Historical average trend length for the same direction
  
• A “probable” remaining trend duration based on prior cycles
  

This allows traders and investors to quickly answer:

• “Is this move early, average, or extended?”
  
• “Am I late to the trend or still inside its normal lifespan?”
  
• “Do bullish or bearish moves usually run longer on this asset?”
  

BB Trend Avg does not provide buy or sell signals. It is designed for position management, expectation setting, and risk context, not entries. It is best used alongside your primary strategy to judge trend maturity and avoid chasing overextended moves or exiting too early from strong trends.

Markets repeat behavior more than price. This tool measures that behavior.