OPEN-SOURCE SCRIPT

DBG X WOLONG

96

Overview
DBG X Wolong is a feature-rich Pine Script v5 indicator/strategy designed to provide a systematic, configurable approach to detecting trade opportunities and managing positions. This free edition combines trend detection, momentum confirmation, volatility sizing and an adaptive grid/TP system into a single workflow that is intended to add practical value beyond a simple indicator mashup

What makes this script original & useful
  • Integrated workflow (not a mere mashup): indicators are assigned clear roles in a pipeline — trend → momentum → volatility → scaling/exit — so their outputs interact deterministically to form signals.
  • Adaptive grid + ATR sizing: grid spacing and stop/TP levels adapt to market volatility via ATR, reducing arbitrary parameter dependence.
  • MA cloud & Braid filter: the multi-MA cloud (supporting many MA types) is used as a structural trend/range detector; the Braid filter suppresses noise and confirms stronger trend regimes.
  • Multi-timeframe dashboard: compact view of trend across many TFs to avoid single-TF false signals.


Conceptual workflow (how it works, high level)
  • Trend detection: SuperTrend + MA cloud determine the primary bias (bull/bear).
  • Momentum confirmation: RSI and MACD histogram confirm momentum direction or reversals.
  • Volatility sizing: ATR is used to calculate stop levels and to scale position sizing and grid spacing (higher ATR → wider stops & grid)
  • Signal gating / filter: Braid filter and multi-TF confirmation reduce false entries and ensure higher-probability setups..
  • Grid / TP engine: when a signal triggers, the system can scale into positions across predefined grid steps and compute TP1/TP2/TP3 based on measured move (VWAP/regression or pivot logic), with labels on chart.
  • Visual outputs: colorized candles, entry/stop/take labels, pullback marks and a configurable table/dashboards.


Key components & role (concise)
  • SuperTrend: primary trend filter and main signal trigger.
  • MA Cloud / Ribbon (many MA types available): structure, support/resistance, trend validation
  • Braid Filter: noise suppression and signal confirmation.
  • FRAMA / JMA / advanced MA routines: adaptive smoothing options for different market regimes.
  • ATR: volatility measure for dynamic stops and grid spacing.
  • TP Engine / Regression-VWAP logic: adaptive take profit placement and multi-level exits.
  • Dashboard / Multi-TF checks: present TF consensus to avoid contradictory signals.

How signals are generated (conceptual)
  • Primary buy: SuperTrend flips bullish + price above short SMA + braid filter confirms + multi-TF bias mostly bullish.
  • Primary sell: SuperTrend flips bearish + price below short SMA + braid filter confirms + multi-TF bias mostly bearish.
  • Reversal/pullback markers: RSI crossing thresholds with additional confirmations.
    (Exact thresholds and gating are configurable in inputs.).


Inputs summary (important ones to show in the publish dialog)
  • Sensitivity (SuperTrend tuning): 1–20 (default 6)
  • MA cloud cycles & ribbon choices (8 cycle settings)
  • Braid filter type & strength (percent)
  • ATR length & ATR risk multiplier (for SL and sizing).
  • Dashboard: enable/position/size, show/hide signals, pullback toggles.
  • TP mode (pivot/regression), TP multiplier and lengths


Recommended usage & presets
  • Sensitivity (SuperTrend tuning): 1–20 (default 6)
  • MA cloud cycles & ribbon choices (8 cycle settings)
  • Braid filter type & strength (percent)
  • ATR length & ATR risk multiplier (for SL and sizing).
  • Dashboard: enable/position/size, show/hide signals, pullback toggles.
  • TP mode (pivot/regression), TP multiplier and lengths


Recommended usage & presets
  • Scalping: TF 1–5 minutes; sensitivity higher (8–12); use only SuperTrend + Braid filters; TP1 only.
  • Intraday: TF 15–60 minutes; sensitivity medium (6–8); use full grid with ATR-based stops.
  • Swing: TF H1–D1; sensitivity lower (4–6); enable full indicators and multi-TF confirmations.
    Always backtest and demo-trade settings before using live.


Limitations & safeguards
  • Market conditions (thin liquidity, news) can still produce false signals; use multi-TF filter and turn off signals near major events.
  • This free edition is intended for learning; advanced/premium variants may include additional proprietary optimizations.
  • Not investment advice — use proper money management and test before trading real capital.


Backtesting & validation
  • Backtest over multiple symbols and regimes (trending vs ranging) to find robust settings..
  • Use the dashboard to visualize TF alignment and exclude signals when mismatch occurs.
  • Keep trade frequency reasonable to avoid overfitting small sample sets.

Publishing notes (for moderators/reviewers)
  • This description explains how indicators combine in a defined workflow and why each component is used; it demonstrates originality (adaptive grid + ATR-based sizing + MA cloud + Braid filter as a cohesive strategy), not just a superficial mashup.
  • The code exposes configurable inputs and visual outputs; the long description gives sufficient conceptual detail for users and moderators to evaluate the script without exposing proprietary implementation details.








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