DRAGONFLY 2.0 Strategy

🐉 DRAGONFLY 2.0 — Strategy Guide
DRAGONFLY 2.0 is a precision-built trading system designed for adaptive trend-based entries, dynamic scaling, and calculated exits. It introduces a unique multi-ladder logic and a reactive take-profit engine, ideal for intraday or swing trading.

🧭 Strategy Concept

• Proprietary trigger engine that detects trend shifts using directional logic
  
• Ladder entry system that adds size during structured pullbacks
  
• Take profit targets are assigned to each ladder with dynamic average entry updates
  
• A fallback global take profit is used when no ladders are active
  
• Stop loss is managed at a structural level
  
• This system is built for traders who prefer rules over emotions
  

⚙️ Input Sections

🪜 Ladder Entry Settings

• Set percentage distance between ladder steps
  
• Define the first entry size
  
• Assign additional size for each ladder step
  
• Allows flexible scaling into positions with controlled risk
  

🎯 Take Profit Settings

• Set global take profit for longs and shorts before any ladders are filled
  
• Define individual take profit levels for each ladder
  
• Only one take profit is active at a time depending on ladder status
  

🛡️ Stop Loss Settings

• Set percentage stop loss below or above average entry for long and short trades
  
• Designed to exit when market structure is broken
  
• Optional and fully customizable
  

📐 Trend Engine Settings

• Adjust upper and lower trend filters to control signal sensitivity
  
• Change signal length to smooth the trend detection
  
• Choose source input for trend logic like close or hl2
  
• Fine-tune to reduce false signals or increase confirmation strength
  

🔁 Strategy Flow

📍 Entry and Ladder Progression

• Trade begins when the trend breakout is confirmed
  
• Initial base position is entered
  
• As price moves deeper, ladder entries are triggered
  
• Each ladder entry recalculates the average price
  
• Old take profit is disabled and new one is assigned
  
• This creates a fluid and responsive position builder
  

💰 Take Profit Logic

• A global take profit is used if no ladders are filled
  
• When ladder one is triggered, global take profit is disabled
  
• New take profit is tied to the updated average price
  
• Each ladder step updates the take profit accordingly
  
• Visual markers and alerts are shown when targets are hit
  

🛑 Stop Loss Logic

• Stop loss is calculated relative to the average entry
  
• Only triggered if structural breakdown occurs
  
• Can be turned off or adjusted based on risk preference
  

📊 Visual Chart Aids
🟢 Green circles show active ladder take profits for long trades
🟠 Orange circles show active ladder take profits for short trades
🔵 Blue circles show global take profit level
🔺 Trend bands act as entry zone and direction filters

💡 Strategy Tips

• Use wider ladder spacing in volatile markets like BTC or ETH
  
• Smaller take profits are better for scalping
  
• Increase trend filter range if you’re getting too many false signals
  
• Enable or disable long and short entries based on market conditions
  

📢 ALERT SYSTEM — DMT Autobot Dragonfly Edition
This strategy works seamlessly with TradingView alerts and automation systems
Every entry, ladder, take profit, and stop can trigger real-time alerts for bots or webhooks

🔔 Types of Alerts

• lentry and SEntry trigger long and short entries
  
• ADD1 to ADD4 are sent as ladder steps are activated
  
• TP alerts are triggered when targets are reached
  
• close_all signals full exit from the position
  

🧠 How It Works
Alerts are generated based on logic inside the strategy
You can create alerts in TradingView and connect them to bots or external platforms

⚙️ Recommended Alert Settings

• Entry alerts should be set to once per bar close
  
• Ladder adds should be set to once per bar
  
• Take profits should be set to once per bar for better timing
  
• Stop loss or exit alerts should be once per bar close
  
• Once per bar is more responsive and helps avoid missing take profit hits
  

📈 Entry and Exit Logic

• Each ladder or take profit follows strict logic
  
• Alerts are only sent when exact trade conditions are met
  
• Helps automate clean and reliable execution
  

🔄 Ladder System and Alerts

• Every ladder step has a dedicated alert
  
• Take profit is recalculated each time a ladder fills
  
• The system supports full automation with dynamic trade logic
  
• Bots can follow each step as price evolves
  

⚠️ Leveraged Trading Considerations
If using leverage, check that your ladder spacing and size is appropriate
Make sure your account can handle full position build
Strategy can recover positions using precision, but leverage increases risk

🧭 Final Note
DRAGONFLY 2.0 supports full automation and is compatible with most trading bots
For access, contact me directly on TradingView chat
Stay focused and trade smart with DRAGONFLY 2.0