https://www.tradingview.com/script/IZax8gii-Trend-Tornado-by-DaviddTech/
Baseline Indicator
Kaufman Adaptive Moving Average (KAMA): KAMA adapts to market volatility and can effectively identify the overall trend, making it suitable as a baseline indicator.
Confirmation Indicators
Schaff Trend Cycle (STC): The STC is known for its efficiency in identifying market trends and potential reversals, making it a robust confirmation indicator.
Aroon Indicator: Measures the time between highs and lows over a specified period, providing insight into the strength and direction of the trend.
Volume/Volatility Indicator
Wattah Attar Explosion (WAE): WAE is excellent for identifying explosive moves in the market, which helps confirm the validity of trade signals.
Risk Management (Stop Loss and Take Profit)
Average True Range (ATR): Used to dynamically set stop loss and take profit levels based on current market volatility, ensuring adaptive risk management.
Strategy Implementation
Entry Criteria:
Long Position:
Price is above the KAMA.
Schaff Trend Cycle shows a bullish signal (crosses above the threshold level, e.g., 25).
Aroon Indicator shows a strong uptrend (Aroon Up crosses above Aroon Down).
WAE shows a green bar, indicating strong bullish momentum and volume.
Short Position:
Price is below the KAMA.
Schaff Trend Cycle shows a bearish signal (crosses below the threshold level, e.g., 75).
Aroon Indicator shows a strong downtrend (Aroon Down crosses above Aroon Up).
WAE shows a red bar, indicating strong bearish momentum and volume.
Exit Criteria:
Stop Loss: Set a stop loss at 1.5 x ATR below the entry point for long positions and 1.5 x ATR above the entry point for short positions.
Take Profit: Set a take profit at 2 x ATR from the entry point to maintain a favorable risk-reward ratio.
Risk Management:
Adjust the position size based on the ATR and account balance to ensure that no more than 1-2% of the trading account balance is at risk on any single trade
https://cdn.discordapp.com/attachments/1245402651684900964/1245402651898806353/thumbnail-29MAY.jpg?ex=66589f1a&is=66574d9a&hm=943011e61d4bf678128308e756dea4458ab89502cf1c83f6b2074c0c3301ba52&
https://cdn.discordapp.com/attachments/1245402651684900964/1245402835214929950/Trend_Tornado_by_DaviddTech_1.csv?ex=66589f46&is=66574dc6&hm=5e905f20bda4c9760ee7a57f5f243ccea012112943aad068e40bf3c2caff1147&
https://cdn.discordapp.com/attachments/1245402651684900964/1245402835902922844/Trend_Tornado_by_DaviddTech_2.csv?ex=66589f46&is=66574dc6&hm=635ff9797b58aae1bf4cab8490490edcdb80ae032671f1d5462c82f730274286&
https://cdn.discordapp.com/attachments/1245402651684900964/1245402836733526017/Trend_Tornado_by_DaviddTech_.csv?ex=66589f46&is=66574dc6&hm=1726fcd27b239fd78c6ee7aec2f732f44a054b7571543aa9df9af95af4e1201a&
