WAE + WaveTrend + ST Strategy Finale

Confluence Multi-Filter Strategy (WAE + WT + ST + EMA M5) | Pine Script v6 | High R:R
This advanced strategy, written in Pine Script v6, is the culmination of combining powerful and tested trading logics. It is specifically optimized for low timeframes (e.g., 1 minute), but the multi-timeframe filters make it highly adaptable.
The main goal is to identify high-probability signals when there is a confluence (agreement) between momentum, volatility, and long-term trends, while maintaining exceptional risk control.
Key Features:
4-Way Logic: Combines WAE [SHK], WaveTrend, an EMA 50M5 (Multi-Timeframe) filter, and an optional SuperTrend filter.
Dynamic Risk Management: Uses ATR to automatically calculate tight Stop Losses and a smart Trailing Stop that activates upon reaching the first Take Profit (TP1).
Excellent Risk/Reward Ratio (R:R): Designed for aggressive R:R (base 1:3), which can be easily customized in the inputs.
Discrete Signals: Keeps the chart clean by only showing entry points (BUY/SELL), SL, and TP with small dots.
Maximum Customization: Control which filters to activate (EMA, ST, simplified SMC) using the checkboxes in the inputs.
How It Works:
The strategy looks for the "perfect storm":
Trend Confirmation: The price must be aligned with the long-term EMA 50M5 and/or the SuperTrend.
Momentum/Volume: WAE and WaveTrend must signal an explosion of volume and momentum in the same direction.
Execution: When confluence occurs, the order is triggered with SL and TP predefined by the ATR.
Performance Notes:
Recent backtesting results (with specific settings): Profit Factor above 39, minimal Drawdown, and a P&L of +50% in one week with only 3 trades.
Please Note: Past performance is not a reliable indicator of future results.