QuadTrendPro

QuadTrendPro:
This indicator is designed to capitalize on trend momentum, utilizing a blend of momentum indicators, directional volume, and volatility metrics. It is specifically optimized for trading SPY & QQQ on the 5-minute chart.
https://www.tradingview.com/x/fslz8t5X/https://www.tradingview.com/x/fslz8t5X/
Key Features:
Primary Setup: The indicator identifies optimal entry points during a breakout above the 5-minute Opening Range Breakout (ORB) and above the Volume Weighted Average Price (VWAP). A retest of the VWAP or ORB, signaled by a green arrow, confirms a strong 'Long' position. The opposite setup applies for 'Short' positions.
Settings Flexibility: Users can adjust the QTP1 Length setting to suit different trading styles:
Standard Trading: A length of 15-20 is ideal for timeframes from 15 minutes to 1 hour.
Scalping: A shorter length of 3-7 enhances responsiveness for scalping strategies.
Customization: Four adjustable settings allow for tailored strategy alignment. For highest success rates, it is recommended to activate all four settings. Turning off the VWAP can yield good reversal signals, though keeping it on generally results in higher success.
Visualization: Best results are observed when used with Heikin Ashi candles.
Additional Notes:
Ensure the 'QTP1 Exit on/off' is activated to utilize the feature fully.
The trailing stop feature is available but currently under final testing and optimization.
Note: This indicator may not perform optimally on choppy market days and I find best results using Heikin Ashi Candles.
I am open to all feedback. Thank you.
QuadTrendPro:
This indicator is designed to capitalize on trend momentum, utilizing a blend of momentum indicators, directional volume, and volatility metrics. It is specifically optimized for trading SPY & QQQ on the 5-minute chart.
https://www.tradingview.com/x/fslz8t5X/https://www.tradingview.com/x/fslz8t5X/
Key Features:
Primary Setup: The indicator identifies optimal entry points during a breakout above the 5-minute Opening Range Breakout (ORB) and above the Volume Weighted Average Price (VWAP). A retest of the VWAP or ORB, signaled by a green arrow, confirms a strong 'Long' position. The opposite setup applies for 'Short' positions.
Settings Flexibility: Users can adjust the QTP1 Length setting to suit different trading styles:
Standard Trading: A length of 15-20 is ideal for timeframes from 15 minutes to 1 hour.
Scalping: A shorter length of 3-7 enhances responsiveness for scalping strategies.
Customization: Four adjustable settings allow for tailored strategy alignment. For highest success rates, it is recommended to activate all four settings. Turning off the VWAP can yield good reversal signals, though keeping it on generally results in higher success.
Visualization: Best results are observed when used with Heikin Ashi candles.
Additional Notes:
Ensure the 'QTP1 Exit on/off' is activated to utilize the feature fully.
The trailing stop feature is available but currently under final testing and optimization.
Note: This indicator may not perform optimally on choppy market days and I find best results using Heikin Ashi Candles.
I am open to all feedback. Thank you.
QuadTrendPro:
This indicator is designed to capitalize on trend momentum, utilizing a blend of momentum indicators, directional volume, and volatility metrics. It is specifically optimized for trading SPY & QQQ on the 5-minute chart.
https://www.tradingview.com/x/fslz8t5X/https://www.tradingview.com/x/fslz8t5X/
Key Features:
Primary Setup: The indicator identifies optimal entry points during a breakout above the 5-minute Opening Range Breakout (ORB) and above the Volume Weighted Average Price (VWAP). A retest of the VWAP or ORB, signaled by a green arrow, confirms a strong 'Long' position. The opposite setup applies for 'Short' positions.
Settings Flexibility: Users can adjust the QTP1 Length setting to suit different trading styles:
Standard Trading: A length of 15-20 is ideal for timeframes from 15 minutes to 1 hour.
Scalping: A shorter length of 3-7 enhances responsiveness for scalping strategies.
Customization: Four adjustable settings allow for tailored strategy alignment. For highest success rates, it is recommended to activate all four settings. Turning off the VWAP can yield good reversal signals, though keeping it on generally results in higher success.
Visualization: Best results are observed when used with Heikin Ashi candles.
Additional Notes:
Ensure the 'QTP1 Exit on/off' is activated to utilize the feature fully.
The trailing stop feature is available but currently under final testing and optimization.
Note: This indicator may not perform optimally on choppy market days and I find best results using Heikin Ashi Candles.
I am open to all feedback. Thank you.
QuadTrendPro:
This indicator is designed to capitalize on trend momentum, utilizing a blend of momentum indicators, directional volume, and volatility metrics. It is specifically optimized for trading SPY & QQQ on the 5-minute chart.
https://www.tradingview.com/x/fslz8t5X/https://www.tradingview.com/x/fslz8t5X/
Key Features:
Primary Setup: The indicator identifies optimal entry points during a breakout above the 5-minute Opening Range Breakout (ORB) and above the Volume Weighted Average Price (VWAP). A retest of the VWAP or ORB, signaled by a green arrow, confirms a strong 'Long' position. The opposite setup applies for 'Short' positions.
Settings Flexibility: Users can adjust the QTP1 Length setting to suit different trading styles:
Standard Trading: A length of 15-20 is ideal for timeframes from 15 minutes to 1 hour.
Scalping: A shorter length of 3-7 enhances responsiveness for scalping strategies.
Customization: Four adjustable settings allow for tailored strategy alignment. For highest success rates, it is recommended to activate all four settings. Turning off the VWAP can yield good reversal signals, though keeping it on generally results in higher success.
Visualization: Best results are observed when used with Heikin Ashi candles.
Additional Notes:
Ensure the 'QTP1 Exit on/off' is activated to utilize the feature fully.
The trailing stop feature is available but currently under final testing and optimization.
Note: This indicator may not perform optimally on choppy market days and I find best results using Heikin Ashi Candles.
I am open to all feedback. Thank you.
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Script su invito
Solo gli utenti autorizzati dall'autore hanno accesso a questo script e ciò richiede solitamente un pagamento. Puoi aggiungere lo script ai tuoi preferiti, ma potrai utilizzarlo solo dopo aver richiesto l'autorizzazione e averla ottenuta dal suo autore - per saperne di più leggi qui. Per maggiori dettagli, segui le istruzioni dell'autore qui sotto o contatta direttamente Tradingfy.
Si noti che questo script privato, ad invito, non è stato esaminato dai moderatori e la sua conformità con il Regolamento non è stata accertata. TradingView NON consiglia di pagare o utilizzare uno script a meno che non ci si fidi pienamente del suo autore e non si comprenda il suo funzionamento. Puoi anche trovare alternative gratuite e open-source nei nostri script della comunità.
Istruzioni dell'autore
Attenzione: prima di richiedere l'accesso, leggi la nostra guida per gli script su invito.