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Sawaes Strategy

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Here’s a **clear TradingView-style description** you can use directly in the indicator’s **Description** field or when sharing it publicly.

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## 📈 Sawaes Strategy – Buy & Sell Signal (SuperTrend-Based)

### 🔹 Overview

**Sawaes Strategy** is a trend-following indicator based on a **custom SuperTrend calculation** using **ATR (Average True Range)**.
It is designed to identify **trend direction**, **dynamic support/resistance**, and provide **clear buy and sell signals** when price confirms a trend change.

The indicator plots a colored trailing line on the chart and generates visual arrows for entries, making it suitable for **intraday, swing, and positional trading**.

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### 🔹 How It Works

1. **ATR Volatility Measurement**

* Uses ATR to measure market volatility.
* The ATR value is multiplied by a user-defined **Factor** to adapt to different markets and timeframes.

2. **Dynamic Trend Lines**

* A **SuperTrend trailing stop line** is calculated above or below price.
* The line moves only in the direction of the current trend, preventing whipsaws.

3. **Trend Direction**

* 🟢 **Green line** → Uptrend (Bullish)
* 🔴 **Red line** → Downtrend (Bearish)

4. **Trend Switching**

* Trend flips when price decisively crosses the trailing stop line.
* Entry arrows appear only on confirmed trend changes.

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### 🔹 Buy & Sell Signals

#### 🟢 Buy Signal

* Price crosses **above** the SuperTrend line
* Price closes **above** the trailing stop
* Trend changes from **bearish to bullish**
* Displayed as:

* Green **triangle up**
* Green **arrow up** on trend reversal

#### 🔴 Sell Signal

* Price crosses **below** the SuperTrend line
* Price closes **below** the trailing stop
* Trend changes from **bullish to bearish**
* Displayed as:

* Red **triangle down**
* Red **arrow down** on trend reversal

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### 🔹 Inputs

* **Factor**
Controls sensitivity.

* Higher value → fewer signals, stronger trends
* Lower value → more signals, faster reactions

* **ATR Period**
Defines how volatility is calculated.

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### 🔹 Best Use Cases

✔ Trending markets
✔ Index, Forex, Crypto, Stocks
✔ Works on all timeframes
✔ Can be combined with:

* Volume confirmation
* RSI / MACD
* Support & Resistance

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### 🔹 Risk Management Tips

* Use the SuperTrend line as a **dynamic stop-loss**
* Trail stops along the colored trend line
* Avoid choppy or sideways markets
* Confirm higher-timeframe trend for better accuracy

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### 🔹 Alerts

The indicator includes:

* 📢 Buy alert
* 📢 Sell alert
These can be used for automation or mobile notifications.

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If you want, I can:

* Rewrite this as a **short public TradingView description**
* Add **disclaimer text**
* Convert it into a **strategy with backtesting**
* Optimize parameters for **crypto / forex / indices**

Just tell me 👍

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.