Profit Hunter @DaviddTech

## 📊 Recommended Usage
- Timeframes: Most effective on 1H, 4H, and Daily charts for swing trading; 5M and 15M for day trading
- Markets: Works across all markets including Forex, Crypto, Indices, and Stocks
- Setup Guidelines: Look for T3 crossovers with strong ADX readings (>25) coinciding with breakout signals (yellow dots/red crosses) near key support/resistance levels for highest probability entries
## 🔥 Key Features:
### T3 Adaptive Trend Detection:
- Utilizes premium T3 adaptive indicators instead of standard EMAs for superior smoothing and accuracy
- Dynamic color-shifting cloud formation between fast and slow T3 lines reveals immediate trend direction
- Proprietary transparency algorithm intensifies cloud colors during strong trends based on real-time ADX readings
### Advanced Support & Resistance Mapping:
- Automatically identifies and marks key market structure levels during T3 crossovers
- Dynamic horizontal level plotting with optional extension for monitoring future price interactions
- Intelligent level validation - converts to dotted lines when price breaks through, maintaining visual clarity
### SuperTrend Trailing Stoploss System:
- Professional-grade white trailing stop indicator adapts to market volatility using ATR calculations
- Generates precise entry and exit signals with optional buy/sell labels at critical reversal points
- Visual trend state highlighting for immediate assessment of current market position
### Breakout Detection & Confirmation:
- Sophisticated dual-algorithm breakout system combining Bollinger Bands and Keltner Channels
- Visual breakout alerts with yellow dots (bullish) and red crosses (bearish) for instant pattern recognition
- Validates breakouts against T3 trend direction to minimize false signals
### Alpha Edge Color System:
- Utilizes DaviddTech's signature color scheme with bullish green and bearish pink
- Revolutionary transparency algorithm translates ADX readings into precise visual intensity
- Higher ADX values produce more vivid colors, instantly communicating trend strength without additional indicators
## 💰 Trading Applications:
- Alpha Discovery: Identify emerging trends before the majority of market participants
- Precision Entry/Exit: Use SuperTrend signals combined with support/resistance levels for optimal trade execution
- Risk Management: Set stops based on the white trailing stoploss line for mathematically-optimized protection
- Trend Confirmation: Validate setups using the T3 cloud direction and ADX-based intensity
- Breakout Trading: Capture explosive moves with confirmed Bollinger/Keltner breakout signals
- Swing Position Management: Monitor extended support/resistance levels for multi-day positioning
## ✨ Strategy Example
As shown in the chart image, ideal entries occur when:
- The T3 cloud turns bullish (green) or bearish (pink) with strong color intensity
- A yellow dot (bullish) or red cross (bearish) breakout signal appears
- Price respects the white SuperTrend line as support/resistance
- The trade aligns with key horizontal support/resistance levels identified by the indicator
## 📝 Attribution
This indicator builds upon and enhances concepts from:
- Market Trend Levels Detector by BigBeluga (support/resistance detection framework)
- T3 indicator implementation by DaviddTech (adaptive moving average system)
- Average Directional Index (ADX) methodology for trend strength measurement
Profit Hunter daviddtech represents the culmination of advanced technical analysis methodologies in one seamless system.
🎯 Why This Combination Matters:
- Adaptive Trend Detection (T3 Moving Averages):
Utilizes dual T3 adaptive moving averages to provide smoother, faster, and more reliable trend signals compared to traditional EMAs, significantly reducing market noise and false signals. - Momentum and Trend Strength Analysis (ADX Indicator):
Employs the ADX indicator to measure the strength and sustainability of trends, filtering out trades that lack sufficient directional strength, ensuring traders focus only on robust market moves. - Dynamic Support & Resistance Detection:
Automatically plots and adapts support and resistance lines in real-time, providing clear entry and exit levels validated by structural market movements, enhancing trade precision and timing. - Volatility Management (SuperTrend Trailing Stop):
Utilizes an advanced, volatility-based SuperTrend system to dynamically manage risk and optimize trade exits, securing profits while adapting to market volatility conditions.
Each of these components has been carefully selected and integrated to reinforce the strengths of the others, creating an unmatched trading advantage compared to traditional single-indicator methods.
🔥 Latest Update – Enhanced BUY & SELL Signals:
Profit Hunter now includes clearly marked automated BUY and SELL signals directly on your charts. These signals only appear when all indicator components—trend alignment (T3), momentum strength (ADX), volatility conditions (breakouts), and support/resistance validation—fully align, ensuring a high level of consistency and confidence in trade execution.
📌 How Traders Benefit from New Signals:
- BUY Signal: Initiate long trades confidently when bullish alignment is confirmed through T3 crossovers, strong ADX momentum readings, breakout conditions, and dynamic support validation.
- SELL Signal: Enter short positions when bearish alignment is clearly indicated across trend direction, strong ADX momentum confirmation, breakout conditions, and validated resistance levels.
- Signal Validation: Always cross-verify the dashboard’s strength metrics to confirm the integrity of each signal, ensuring comprehensive market analysis before execution.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.
daviddtech.com
🔥Telegram Group:
t.me/DaviddTech
⚡ Videos & Tutorials :
youtube.com/channel/UC7NJLsf6IonOy8QI8gt5BeA?sub_confirmation=1
♥ @DaviddTech
Declinazione di responsabilità
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.
daviddtech.com
🔥Telegram Group:
t.me/DaviddTech
⚡ Videos & Tutorials :
youtube.com/channel/UC7NJLsf6IonOy8QI8gt5BeA?sub_confirmation=1
♥ @DaviddTech