[blackcat] L3 Composite Trading System with Control

26 mar

OVERVIEW

This indicator combines three distinct trading strategies into a unified decision-making framework. Utilizing KDJ oscillators, MACD divergence analysis, and adaptive signal filtering techniques, it provides actionable buy/sell signals validated against multi-period momentum trends and structural support/resistance levels.

FEATURES

Integrated KDJ oscillator with weighted moving average smoothing
Dynamic MACD difference visualization normalized against price volatility
Multi-layered confirmation process: • Momentum convergence/divergence tracking
• Candle pattern recognition (Yellow/Fuchsia flags)
• SMAs cross-validation (20/60-day thresholds)
Adaptive risk controls via tunable α parameter adjustment

HOW TO USE

Set Alpha Period parameter matching market cycle characteristics
Monitor primary trend direction via candle coloring (green/red zones)
Confirm directional bias using: ▪️ KDJ-J line position relative to zero axis ▪️ MACD histogram slope persistence (>3 bar validation)
Execute trades only when: • Buy/Sell labels align across both oscillator panels • Coincide with candle flag transitions (e.g., red→yellow) • Validate against concurrent SMA breakout conditions

LIMITATIONS

Lag inherent in EMA-based components during rapid reversals
Requires minimum 60-bar history for full functionality
Sensitive to fractal scaling due to normalization methods
Does not account for liquidity/volume dynamics

NOTES
• Yellow/Fuchsia flags reflect relative strength changes vs prior session
• SMA crossover validations have 16-bar lookback memory retention

28 apr

Note di rilascio

OVERVIEW

📈 [blackcat] L3 Composite Trading System with Control is a comprehensive TradingView indicator that combines multiple technical analysis tools to provide a holistic view of market conditions and generate trading signals. This advanced script incorporates KDJ, MACD, and price action analysis to offer a versatile trading system.

FEATURES

Custom helper functions for value retrieval and calculations
KDJ and MACD indicators with customizable parameters
Preparation signal visualization
Price action-based buy/sell signals
Divergence detection and trading signals
Visual representation of various market conditions
HOW TO USE

Add the script to your TradingView chart.
Adjust input variables in the settings panel:
Alpha Period
Observe the generated plots and signals on your chart:
White candles indicating preparation signals
Lime and red candles showing price action-based signals
Yellow and fuchsia candles representing specific market conditions
Buy/Sell labels for trading signals
LIMITATIONS

The complexity of the system may be overwhelming for novice traders
Performance can vary across different markets and timeframes
Requires careful tuning of input parameters for optimal results
NOTES

The script uses a combination of moving averages, oscillators, and price action analysis
Signals are generated based on various conditions and persistence checks
Different colored candles represent different market states and potential trading opportunities
THANKS

Special thanks to the TradingView community for their valuable feedback and contributions to this indicator's development.