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TrendWay Strategy

📈 TrendWay Strategy – Smart Trend Following Algorithm
The TrendWay Strategy is a powerful trend-following algorithm designed for traders who aim to capture sustained market movements with clarity and precision. Built on the principle of combining volatility with trend strength, this strategy utilizes the Average True Range (ATR) and dynamic support/resistance levels to generate high-probability buy and sell signals.
🔍 Key Features:
ATR-Based Volatility Filter: Adjusts sensitivity based on market volatility using customizable ATR periods and multipliers.
Dynamic Trend Lines: Adapts trailing stop levels based on price action, helping to stay in trends longer and reduce false signals.
Clear Entry/Exit Signals: Visual Buy (🔼) and Sell (🔽) markers provide intuitive decision-making on the chart.
Signal Highlighting Option: Easily switch between visual trend highlighting or a clean chart view.
⚙️ Parameters:
ATR Period (default: 10)
ATR Multiplier (default: 3.0)
Source (e.g., hl2)
Option to toggle ATR method (SMA or standard)
Optional signal markers and trend coloring
✅ Suitable For:
Swing traders and intraday traders
Crypto, forex, and stock markets
Traders looking for a reliable way to trail trends and exit on reversal signals
Note: Like all strategies, TrendWay should be used in conjunction with sound risk management and market awareness. Always backtest and forward-test before using with live capital.
The TrendWay Strategy is a powerful trend-following algorithm designed for traders who aim to capture sustained market movements with clarity and precision. Built on the principle of combining volatility with trend strength, this strategy utilizes the Average True Range (ATR) and dynamic support/resistance levels to generate high-probability buy and sell signals.
🔍 Key Features:
ATR-Based Volatility Filter: Adjusts sensitivity based on market volatility using customizable ATR periods and multipliers.
Dynamic Trend Lines: Adapts trailing stop levels based on price action, helping to stay in trends longer and reduce false signals.
Clear Entry/Exit Signals: Visual Buy (🔼) and Sell (🔽) markers provide intuitive decision-making on the chart.
Signal Highlighting Option: Easily switch between visual trend highlighting or a clean chart view.
⚙️ Parameters:
ATR Period (default: 10)
ATR Multiplier (default: 3.0)
Source (e.g., hl2)
Option to toggle ATR method (SMA or standard)
Optional signal markers and trend coloring
✅ Suitable For:
Swing traders and intraday traders
Crypto, forex, and stock markets
Traders looking for a reliable way to trail trends and exit on reversal signals
Note: Like all strategies, TrendWay should be used in conjunction with sound risk management and market awareness. Always backtest and forward-test before using with live capital.
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。