OPEN-SOURCE SCRIPT

No-lag Trend signal

By chaitanya2121
Adaptive ATR Calculation:

Implemented an Adaptive True Range (ATR) calculation utilizing KAMA and HMA methods, optimizing the strategy for both long-term and scalping scenarios.
Trend Change Signals:

Integrated buy and sell signals that trigger on trend changes, enhancing decision-making efficiency and trade execution timing.
Market Analysis and Testing:

Conducted thorough backtesting and analysis of the strategy's performance across various market conditions, demonstrating its effectiveness with measurable results.
Visualization and Alerts:

Enhanced user experience by incorporating visual elements, such as trend indicators and color-coded bars, along with alert conditions for trend changes.
Collaborative Strategy Development:

Worked with fellow traders to gather feedback on the strategy’s functionality, leading to iterative improvements based on user experience.
Performance Tracking:

Developed a system for ongoing performance evaluation, enabling real-time adjustments to improve strategy accuracy and profitability.
Documentation and User Guide:

Authored comprehensive documentation detailing the strategy's logic, inputs, and usage, facilitating easy adoption by other traders.
Continuous Learning and Adaptation:

Remained engaged with market trends and feedback to refine the strategy, showcasing adaptability to changing market dynamics.
Presentation Skills:

Presented the strategy and its performance results to peers, enhancing communication skills and fostering collaborative discussions on trading methodologies.
Breadth IndicatorsCandlestick analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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