PROTECTED SOURCE SCRIPT

Indicator: Sniper + 6 Stage + MACD + P/L (Trend Hold Mode)

53
Indicator: Sniper Trend + 6 Market Stages Dashboard [Trend Hold Mode]

This is a comprehensive Trend-Following System designed to help traders catch big moves while filtering out market noise. Unlike standard scalping indicators, this script operates in "Trend Hold Mode," meaning it aims to keep you in a position as long as the major trend remains valid, ignoring minor pullbacks or choppy price action.

It combines a "Sniper" entry logic (HMA + Supertrend) with a 6-Stage Market Analysis (EMA relationships) and a detailed Real-time Dashboard.

Key Features

1. Sniper Entry Engine:
- Uses Hull Moving Average (HMA) for speed and smoothness.
- Uses Supertrend to determine the directional bias.
- Confluence Signal: A trade is only triggered when HMA, Supertrend, and enabled filters all align.


2.Trend Hold Mechanism:

- No Premature Exits: The script does not exit when the HMA turns gray (choppy). It holds the position until the Supertrend actually flips direction.
- This allows you to ride the trend longer and maximize P/L per trade.

3. Triple Filter System (Optional):
- EMA 200 Trend Filter: Only Long above EMA 200, only Short below EMA 200.
- RSI Filter: Prevents buying at Overbought (>70) or selling at Oversold (<30) levels.
- Volume Filter: Requires volume to be higher than the 20-period average to confirm momentum.

4. 6-Stage Market Analysis:
- Analyzes the relationship between Price, Fast EMA (50), and Slow EMA (200).
- Identifies the market cycle: Recovery, Accumulation, Bull, Warning, Distribution, Bear.

5. Live Dashboard:
- Displays current P/L (Paper Trading Tracker).
- Current Market Stage & Duration.
- Supertrend Stop-Loss Level.
- MACD Status & Momentum.

🚀 How to Use (Trading Rules)
1. Entry Strategy
LONG (Buy):
- Wait for the Green Triangle below the bar.
- Condition: HMA rises, Supertrend is Bullish, Price > EMA 200, RSI < 70, and Volume is High.
- Background turns Green.

SHORT (Sell):
- Wait for the Red Triangle above the bar.
- Condition: HMA falls, Supertrend is Bearish, Price < EMA 200, RSI > 30, and Volume is High.
- Background turns Red.

2. Exit Strategy (Take Profit / Stop Loss)
- The Exit Rule: The indicator is designed to HOLD the trend.
- Close Position When: The Supertrend Line flips color (Green to Red for Longs, Red to Green for Shorts).

Note: Do not panic if the HMA turns Gray (Choppy). As long as the Supertrend line holds, the trade is active.
Hard Stop Loss: You can manually use the "Supertrend SL" price shown on the dashboard as your trailing stop.

⚙️ Settings & Customization
Sniper Settings:
- HMA Length: Adjust sensitivity of the trend line (Default: 50).
- ATR Multiplier: Controls the Supertrend width. Higher = Wider Stop Loss, stays in trend longer.

Filters (Toggle On/Off):
- Use EMA 200 Filter: Recommended ON for trend following. Turn OFF for counter-trend or ranging markets.
- Use RSI Filter: Prevents entering at bad prices.
- Use Volume Filter: Ensures there is enough participation in the move.

Visuals:
- You can move the Dashboard table to any corner of the chart or resize it.

⚠️ Best Practices & Warnings
- Best Assets: High volatility and trending assets (Crypto: BTC/ETH, Forex: Major Pairs, Tech Stocks).
- Worst Conditions: Sideways/Ranging markets. In a flat market, you may get whipsawed. Solution: Look at the "Market Stage" on the dashboard. If it flips rapidly between "Warning" and "Recovery," stay out.
- Timeframes: Recommended for 4H, D, W. Lower timeframes (1H, 15m) may produce too many false signals due to noise.
- Repainting: This script uses barstate.islast for the dashboard, which updates in real-time. The signals (Triangles) are confirmed once the candle closes. Always wait for Candle Close before entering.

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.