Dynamic Support & Impulse Signals

Overview
Dynamic Support & Impulse Signals is a professional trend-following tool designed to identify high-probability pull-back entries and define the "health" of a current trend. Unlike standard trailing indicators that often produce "noisy" staircase patterns, this script utilizes a smoothed ATR-trailing logic to provide a clean, reactive, and reliable dynamic support zone.

Key Logic
The indicator is built on three core pillars:

1. ATR-Trailing Engine: The support line follows the price action based on the Average True Range (ATR). It "locks" the level during an uptrend and only moves upward, preventing the line from lagging during sharp retracements.
   
2. WMA Smoothing: We’ve implemented Weighted Moving Average (WMA) smoothing within the calculation. This eliminates the jagged "steps" common in indicators like SuperTrend, providing a curved, organic line that better represents market liquidity flows.
   
3. Impulse "Rocket" Signals: The signals (default: 🚀) are triggered when the price successfully tests the dynamic support zone. Specifically, they appear when a bar's Low touches or pierces the support line while the overall trend remains intact.
   

Main Features

• Multi-Timeframe (MTF) Capability: Analyze higher-timeframe support levels (e.g., 1H support) while trading on lower timeframes (e.g., 5M). This helps in identifying "anchored" support zones.
  
• Fully Customizable Visuals:Change the signal symbol to any emoji (⚡, 🔥, 💎).
  Adjust line thickness and colors to match your chart theme.
  Scale signal sizes (from Tiny to Huge) and toggle their position (Above/Below bar).
  
• Built for Pine Script v6: Optimized for the latest TradingView engine for maximum performance and stability.
  

How to Trade with it

• The Trend Filter: As long as the price is above the Purple Line, the trend is considered Bullish. If the price closes below the line, the support is "broken," signaling a potential trend reversal or deep correction.
  
• Buy the Dip: The most effective strategy is to wait for an impulse move, then wait for the price to return to the Dynamic Support. When a Rocket appears near the line, it confirms a successful bounce.
  
• Risk Management: The line itself acts as a dynamic Stop-Loss level.
  

Settings

1. ATR Period: Adjusts the sensitivity to volatility.
   
2. Multiplier: Controls the distance between the price and the support line.
   
3. Smoothing: Defines how "curved" the line appears.
   
4. Timeframe: Switch between "Chart" (dynamic) or a fixed higher timeframe.