INVITE-ONLY SCRIPT
Malamal Weekly
This Pine Script implements a weekly breakout trading strategy called "Malamal Weekly" designed for TradingView. It combines multiple technical indicators to identify high-potential entries and applies a dynamic trailing stop-loss system to protect gains.
🔍 Core Strategy Logic
Entry Condition: A long (buy) position is initiated when:
Weekly close meet the various technical conditions.
Stop-Loss Calculation: The stop-loss is dynamically set as the highest value among:
three different technical indicator value
🧠 Key Features
Uses Weekly Timeframe all technical indicator, and close price.
Trailing Stop-Loss updates every bar to lock in profits.
Dashboard Display shows Buy Price, Profit %, CAGR, and Trailing SL at the bottom-right of the chart.
Clean Plotting of Buy & SL levels for visual clarity.
💡 Purpose
This strategy helps position traders identify strong weekly breakouts and manage risk with smart trailing exits, aiming for multi-bagger potential.
🔍 Core Strategy Logic
Entry Condition: A long (buy) position is initiated when:
Weekly close meet the various technical conditions.
Stop-Loss Calculation: The stop-loss is dynamically set as the highest value among:
three different technical indicator value
🧠 Key Features
Uses Weekly Timeframe all technical indicator, and close price.
Trailing Stop-Loss updates every bar to lock in profits.
Dashboard Display shows Buy Price, Profit %, CAGR, and Trailing SL at the bottom-right of the chart.
Clean Plotting of Buy & SL levels for visual clarity.
💡 Purpose
This strategy helps position traders identify strong weekly breakouts and manage risk with smart trailing exits, aiming for multi-bagger potential.
免責聲明
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