DTC - 1.3.6

DTC - 1.3.6 Trading Indicator for TradingView

The DTC - 1.3.6 indicator is a powerful, customizable tool designed to enhance your trading experience with dynamic buy/sell signals, sophisticated risk management through stop-loss (SL) and take-profit (TP) levels, multi-timeframe analysis, and visual support and resistance (S/R) zones. Ideal for traders looking to gain more insight into market trends and improve trade entry and exit strategies, this indicator combines trend-following strategies with advanced charting features.

Key Features:

Buy/Sell Signals:

The indicator provides real-time BUY and SELL signals based on a combination of exponential moving averages (EMAs) and volatility filters.

Customizable Alerts: Receive notifications when a trade signal is triggered, ensuring you never miss a trade.

Take-Profit (TP) and Stop-Loss (SL) Management:

Automatically generates 7 levels of take-profit targets and a stop-loss level based on entry price and market volatility.

The indicator dynamically adjusts SL and TP levels based on the current market conditions, providing effective risk management.

Multi-Timeframe Trend Analysis:

Analyze market trends across 5 different timeframes (from hourly to monthly) to gain a broader perspective on market direction.

View trend strength and direction for each timeframe, allowing for a more informed decision-making process.

ATR Volatility Filter:

Use the Average True Range (ATR) to filter signals based on market volatility, ensuring that trades are only taken during favorable market conditions.

Adjustable ATR period and multiplier for finer control over the volatility filter.

Pivot Points and S/R Levels:

Visualize daily support/resistance (S/R) levels using pivot points calculated from the previous day’s price action.

Easily identify key levels where price might reverse or face resistance, helping to optimize entry/exit points.

Risk/Reward Zones:

Visual markers show the entry price, stop-loss, and take-profit targets directly on the chart, with color-coded zones to easily spot potential profit and loss areas.

Green zones for profits and Red zones for losses, helping traders manage positions more effectively.

Customizable Dashboard:

Displays key trading information directly on the chart in a user-friendly table that includes:

Trend Status for multiple timeframes

Unrealized PnL based on current position

ATR Volatility Filter status

EMA Trend Logic:

The trend is calculated based on the alignment of multiple EMAs. A bullish trend is indicated when the EMAs align upwards, and a bearish trend when they align downwards.

Customizable EMA lengths (from 30 to 60 periods) for various strategies.

Ideal for Traders Who:

Want an easy-to-use, all-in-one solution for tracking trends, signals, and price levels.

Need customizable alerts and signals for entry and exit points.

Are looking for automated risk management strategies that adjust to changing market conditions.

Prefer multi-timeframe analysis for a broader perspective on trends and price action.