OPEN-SOURCE SCRIPT
Updated ADIL_TREND
// ===== NOTES =====
// - This indicator tracks an internal position state (inLong / inShort). These are NOT actual executed trades — they are used only to decide when to show exit/cover markers.
// - Long entry requires anchored VWAP condition; short entry ignores VWAP per your earlier spec.
// - Exit / Cover markers are generated only on the single bar that meets the exit condition while the corresponding position is open.
// - This indicator tracks an internal position state (inLong / inShort). These are NOT actual executed trades — they are used only to decide when to show exit/cover markers.
// - Long entry requires anchored VWAP condition; short entry ignores VWAP per your earlier spec.
// - Exit / Cover markers are generated only on the single bar that meets the exit condition while the corresponding position is open.
Release Notes
// ===== NOTES =====// - I disabled the VWAP requirement only on the DAILY timeframe to allow buy criticals on 1D charts.
// - If you want VWAP still required on daily, or want a user input to control this behavior, I can add that.
// - Only execution labels and background are plotted now (no SMA/VWAP lines or critical dots).
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.