🚀 Precision Trend Matrix by @DaviddTech 🤖

Precision Trend Matrix strategy integrates advanced indicators to pinpoint trend directions, confirm momentum, and gauge market sentiment with high accuracy. It's crafted for traders who seek a balanced approach, combining rapid entry and exit with the potential for capturing wider market movements.

Indicator Selection
Baseline Indicator: Triangle Moving Average Generalized (TriMAgen)
Role: Acts as the core trend filter, smoothing price data to delineate the prevailing market direction. Its unique calculation offers a refined view of the trend, reducing the noise often encountered in volatile markets like cryptocurrency.
Background: The Triangle Moving Average Generalized builds on the concept of the traditional Triangle Moving Average by applying a more sophisticated smoothing process, possibly incorporating additional layers or adjusting parameters to better suit fast-moving markets.
Confirmation Indicator: Elegant Oscillator
Role: Provides momentum confirmation with a focus on market cycles and phases. The Elegant Oscillator is designed to identify early signs of momentum shifts that align with the trend direction identified by the baseline indicator.
Background: Details on the Elegant Oscillator's creation, including its inventor and specific algorithm, are not widely documented. However, oscillators of this nature typically measure price velocity and acceleration, offering insights into the strength of trend movements.
Volume Indicator: Normalized Volume
Role: Confirms the presence of significant trading activity accompanying trend and momentum signals, ensuring that market moves are backed by substantial volume, which is crucial for the sustainability of trends.
Background: Normalized Volume adjusts raw volume data to a mean or average level, highlighting periods of unusual activity. This adjustment allows traders to discern whether movements are supported by genuine market participation.
Strategy Execution
Entry Criteria:

Buy Signal: Generated when the price is trending above the TriMAgen, the Elegant Oscillator indicates increasing bullish momentum, and there is a spike in Normalized Volume, suggesting strong buying interest.
Sell Signal: Occurs when the price trends below the TriMAgen, the Elegant Oscillator shows growing bearish momentum, and Normalized Volume spikes, indicating strong selling pressure.
Exit Criteria:

Profit Targets: Set based on significant resistance (for buys) or support levels (for sells), identified through historical price action or Fibonacci retracement levels.
Stop Loss: Employed dynamically, just below the most recent swing low for buys or above the swing high for sells, with adjustments for current volatility using the ATR.