PROTECTED SOURCE SCRIPT

RiskyInvesting Algo v1.0.0 - Basic

37
A multi‑layer trend‑following and momentum‑confirmation system designed around dual adaptive baselines, and smart candle‑strength filtering. This indicator blends volatility‑based trailing logic with macro trend bias tools (EMA + SMMA) to identify clean directional flips and filter out weak signals.

This indicator uses 5 parameters to determine the trend direction.

Disclaimer:
- Please use this in conjunction with other tools and confirmations. Labels are not meant to be used as financial advice.

Core features include:

- Two Adaptive Trailing Baselines: ATR‑adjusted equations (Parameter 1 & 2) that flip direction based on baseline breaks.

- Directional Shift Detection: Buy markers on bullish dual‑baseline flip; sell markers on bearish dual‑baseline flip.

- Trend Bias Filtering: Uses EMA vs SMMA relationship to color signals and provide market bias context.

- Candle Strength Filter: Ensures signals only trigger on meaningful momentum candles relative to ATR.

- Clean Visual Display: Auto‑coloring buy/sell labels, baseline plots, and signal triangles.
🟩/🟥 = Strong Directional Bias
🟦/🟧 = Neutral Directional Bias

Built for traders who want a structured trend‑flip system that avoids noise, highlights strong directional moments, and maintains visual clarity even on volatile intraday charts.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.