OPEN-SOURCE SCRIPT
EXODUS
EXODUS by (DAFE) Trading Systems
EXODUS is a sophisticated trading algorithm built by Dskyz (DAFE) Trading Systems for competitive and competition purposes, designed to identify high-probability trades with robust risk management. this strategy leverages a multi-signal voting system, combining three core components—SPR, VWMO, and VEI—alongside ADX, choppiness filters, and ATR-based volatility gates to ensure trades are taken only in favorable market conditions. the algo uses a take-profit to stop-loss ratio, dynamic position sizing, and a strict voting mechanism requiring all signals to align before entering a trade.
EXODUS was not overfitted for any specific symbol. instead, it uses a generic tuned setting, making it versatile across various markets. while it can trade futures, it’s not currently set up for it but has the potential to do more with further development. visuals are intentionally minimal due to its competition focus, prioritizing performance over aesthetics. a more visually stunning version may be released in the future with enhanced graphics.
The Unique Core Components Developed for EXODUS
SPR (Session Price Recalibration)
SPR measures momentum during regular trading hours (RTH, 0930-1600, America/New_York) to catch session-specific trends.
spr_lookback = input.int(15, "SPR Lookback") this sets how many bars back SPR looks to calculate momentum (default 15 bars). it compares the current session’s price-volume score to the score 15 bars ago to gauge momentum strength.
how it works: a longer lookback smooths out the signal, focusing on bigger trends. a shorter one makes SPR more sensitive to recent moves.
how to adjust: on a 1-hour chart, 15 bars is 15 hours (about 2 trading days). if you’re on a shorter timeframe like 5 minutes, 15 bars is just 75 minutes, so you might want to increase it to 50 or 100 to capture more meaningful trends. if you’re trading a choppy stock, a shorter lookback (like 5) can help catch quick moves, but it might give more false signals.
spr_threshold = input.float(0.7, "SPR Threshold")
this is the cutoff for SPR to vote for a trade (default 0.7). if SPR’s normalized value is above 0.7, it votes for a long; below -0.7, it votes for a short.
how it works: SPR normalizes its momentum score by ATR, so this threshold ensures only strong moves count. a higher threshold means fewer trades but higher conviction.
how to adjust: if you’re getting too few trades, lower it to 0.5 to let more signals through. if you’re seeing too many false entries, raise it to 1.0 for stricter filtering. test on your chart to find a balance.
spr_atr_length = input.int(21, "SPR ATR Length") this sets the ATR period (default 21 bars) used to normalize SPR’s momentum score. ATR measures volatility, so this makes SPR’s signal relative to market conditions.
how it works: a longer ATR period (like 21) smooths out volatility, making SPR less jumpy. a shorter one makes it more reactive.
how to adjust: if you’re trading a volatile stock like TSLA, a longer period (30 or 50) can help avoid noise. for a calmer stock, try 10 to make SPR more responsive. match this to your timeframe—shorter timeframes might need a shorter ATR.
rth_session = input.session("0930-1600","SPR: RTH Sess.") rth_timezone = "America/New_York" this defines the session SPR uses (0930-1600, New York time). SPR only calculates momentum during these hours to focus on RTH activity.
how it works: it ignores pre-market or after-hours noise, ensuring SPR captures the main market action.
how to adjust: if you trade a different session (like London hours, 0300-1200 EST), change the session to match. you can also adjust the timezone if you’re in a different region, like "Europe/London". just make sure your chart’s timezone aligns with this setting.
VWMO (Volume-Weighted Momentum Oscillator)
VWMO measures momentum weighted by volume to spot sustained, high-conviction moves.
vwmo_momlen = input.int(21, "VWMO Momentum Length") this sets how many bars back VWMO looks to calculate price momentum (default 21 bars). it takes the price change (close minus close 21 bars ago).
how it works: a longer period captures bigger trends, while a shorter one reacts to recent swings.
how to adjust: on a daily chart, 21 bars is about a month—good for trend trading. on a 5-minute chart, it’s just 105 minutes, so you might bump it to 50 or 100 for more meaningful moves. if you want faster signals, drop it to 10, but expect more noise.
vwmo_volback = input.int(30, "VWMO Volume Lookback") this sets the period for calculating average volume (default 30 bars). VWMO weights momentum by volume divided by this average.
how it works: it compares current volume to the average to see if a move has strong participation. a longer lookback smooths the average, while a shorter one makes it more sensitive.
how to adjust: for stocks with spiky volume (like NVDA on earnings), a longer lookback (50 or 100) avoids overreacting to one-off spikes. for steady volume stocks, try 20. match this to your timeframe—shorter timeframes might need a shorter lookback.
vwmo_smooth = input.int(9, "VWMO Smoothing")
this sets the SMA period to smooth VWMO’s raw momentum (default 9 bars).
how it works: smoothing reduces noise in the signal, making VWMO more reliable for voting. a longer smoothing period cuts more noise but adds lag.
how to adjust: if VWMO is too jumpy (lots of false votes), increase to 15. if it’s too slow and missing trades, drop to 5. test on your chart to see what keeps the signal clean but responsive.
vwmo_threshold = input.float(10, "VWMO Threshold") this is the cutoff for VWMO to vote for a trade (default 10). above 10, it votes for a long; below -10, a short.
how it works: it ensures only strong momentum signals count. a higher threshold means fewer but stronger trades.
how to adjust: if you want more trades, lower it to 5. if you’re getting too many weak signals, raise it to 15. this depends on your market—volatile stocks might need a higher threshold to filter noise.
VEI (Velocity Efficiency Index)
VEI measures market efficiency and velocity to filter out choppy moves and focus on strong trends.
vei_eflen = input.int(14, "VEI Efficiency Smoothing") this sets the EMA period for smoothing VEI’s efficiency calc (bar range / volume, default 14 bars).
how it works: efficiency is how much price moves per unit of volume. smoothing it with an EMA reduces noise, focusing on consistent efficiency. a longer period smooths more but adds lag.
how to adjust: for choppy markets, increase to 20 to filter out noise. for faster markets, drop to 10 for quicker signals. this should match your timeframe—shorter timeframes might need a shorter period.
vei_momlen = input.int(8, "VEI Momentum Length") this sets how many bars back VEI looks to calculate momentum in efficiency (default 8 bars).
how it works: it measures the change in smoothed efficiency over 8 bars, then adjusts for inertia (volume-to-range). a longer period captures bigger shifts, while a shorter one reacts faster.
how to adjust: if VEI is missing quick reversals, drop to 5. if it’s too noisy, raise to 12. test on your chart to see what catches the right moves without too many false signals.
vei_threshold = input.float(4.5, "VEI Threshold") this is the cutoff for VEI to vote for a trade (default 4.5). above 4.5, it votes for a long; below -4.5, a short.
how it works: it ensures only strong, efficient moves count. a higher threshold means fewer trades but higher quality.
how to adjust: if you’re not getting enough trades, lower to 3. if you’re seeing too many false entries, raise to 6. this depends on your market—fast stocks like NQ1 might need a lower threshold.
Features
Multi-Signal Voting: requires all three signals (SPR, VWMO, VEI) to align for a trade, ensuring high-probability setups.
Risk Management: uses ATR-based stops (2.1x) and take-profits (4.1x), with dynamic position sizing based on a risk percentage (default 0.4%).
Market Filters: ADX (default 27) ensures trending conditions, choppiness index (default 54.5) avoids sideways markets, and ATR expansion (default 1.12) confirms volatility.
Dashboard: provides real-time stats like SPR, VWMO, VEI values, net P/L, win rate, and streak, with a clean, functional design.
Visuals
EXODUS prioritizes performance over visuals, as it was built for competitive and competition purposes. entry/exit signals are marked with simple labels and shapes, and a basic heatmap highlights market regimes. a more visually stunning update may be released later, with enhanced graphics and overlays.
Usage
EXODUS is designed for stocks and ETFs but can be adapted for futures with adjustments. it performs best in trending markets with sufficient volatility, as confirmed by its generic tuning across symbols like TSLA, AMD, NVDA, and NQ1. adjust inputs like SPR threshold, VWMO smoothing, or VEI momentum length to suit specific assets or timeframes.
Setting I used: (Again, these are a generic setting, each security needs to be fine tuned)
SPR LB = 19 SPR TH = 0.5 SPR ATR L= 21 SPR RTH Sess: 9:30 – 16:00
VWMO L = 21 VWMO LB = 18 VWMO S = 6 VWMO T = 8
VEI ES = 14 VEI ML = 21 VEI T = 4
R % = 0.4
ATR L = 21 ATR M (S) =1.1 TP Multi = 2.1 ATR min mult = 0.8 ATR Expansion = 1.02
ADX L = 21 Min ADX = 25
Choppiness Index = 14 Chop. Max T = 55.5
Backtesting: TSLA
Frame: Jan 02, 2018, 08:00 — May 01, 2025, 09:00
Slippage: 3
Commission .01
Disclaimer
this strategy is for educational purposes. past performance is not indicative of future results. trading involves significant risk, and you should only trade with capital you can afford to lose. always backtest and validate any strategy before using it in live markets.
(This publishing will most likely be taken down do to some miscellaneous rule about properly displaying charting symbols, or whatever. Once I've identified what part of the publishing they want to pick on, I'll adjust and repost.)
About the Author
Dskyz (DAFE) Trading Systems is dedicated to building high-performance trading algorithms. EXODUS is a product of rigorous research and development, aimed at delivering consistent, and data-driven trading solutions.
Use it with discipline. Use it with clarity. Trade smarter.
**I will continue to release incredible strategies and indicators until I turn this into a brand or until someone offers me a contract.
2025 Created by Dskyz, powered by DAFE Trading Systems. Trade smart, trade bold.
EXODUS is a sophisticated trading algorithm built by Dskyz (DAFE) Trading Systems for competitive and competition purposes, designed to identify high-probability trades with robust risk management. this strategy leverages a multi-signal voting system, combining three core components—SPR, VWMO, and VEI—alongside ADX, choppiness filters, and ATR-based volatility gates to ensure trades are taken only in favorable market conditions. the algo uses a take-profit to stop-loss ratio, dynamic position sizing, and a strict voting mechanism requiring all signals to align before entering a trade.
EXODUS was not overfitted for any specific symbol. instead, it uses a generic tuned setting, making it versatile across various markets. while it can trade futures, it’s not currently set up for it but has the potential to do more with further development. visuals are intentionally minimal due to its competition focus, prioritizing performance over aesthetics. a more visually stunning version may be released in the future with enhanced graphics.
The Unique Core Components Developed for EXODUS
SPR (Session Price Recalibration)
SPR measures momentum during regular trading hours (RTH, 0930-1600, America/New_York) to catch session-specific trends.
spr_lookback = input.int(15, "SPR Lookback") this sets how many bars back SPR looks to calculate momentum (default 15 bars). it compares the current session’s price-volume score to the score 15 bars ago to gauge momentum strength.
how it works: a longer lookback smooths out the signal, focusing on bigger trends. a shorter one makes SPR more sensitive to recent moves.
how to adjust: on a 1-hour chart, 15 bars is 15 hours (about 2 trading days). if you’re on a shorter timeframe like 5 minutes, 15 bars is just 75 minutes, so you might want to increase it to 50 or 100 to capture more meaningful trends. if you’re trading a choppy stock, a shorter lookback (like 5) can help catch quick moves, but it might give more false signals.
spr_threshold = input.float(0.7, "SPR Threshold")
this is the cutoff for SPR to vote for a trade (default 0.7). if SPR’s normalized value is above 0.7, it votes for a long; below -0.7, it votes for a short.
how it works: SPR normalizes its momentum score by ATR, so this threshold ensures only strong moves count. a higher threshold means fewer trades but higher conviction.
how to adjust: if you’re getting too few trades, lower it to 0.5 to let more signals through. if you’re seeing too many false entries, raise it to 1.0 for stricter filtering. test on your chart to find a balance.
spr_atr_length = input.int(21, "SPR ATR Length") this sets the ATR period (default 21 bars) used to normalize SPR’s momentum score. ATR measures volatility, so this makes SPR’s signal relative to market conditions.
how it works: a longer ATR period (like 21) smooths out volatility, making SPR less jumpy. a shorter one makes it more reactive.
how to adjust: if you’re trading a volatile stock like TSLA, a longer period (30 or 50) can help avoid noise. for a calmer stock, try 10 to make SPR more responsive. match this to your timeframe—shorter timeframes might need a shorter ATR.
rth_session = input.session("0930-1600","SPR: RTH Sess.") rth_timezone = "America/New_York" this defines the session SPR uses (0930-1600, New York time). SPR only calculates momentum during these hours to focus on RTH activity.
how it works: it ignores pre-market or after-hours noise, ensuring SPR captures the main market action.
how to adjust: if you trade a different session (like London hours, 0300-1200 EST), change the session to match. you can also adjust the timezone if you’re in a different region, like "Europe/London". just make sure your chart’s timezone aligns with this setting.
VWMO (Volume-Weighted Momentum Oscillator)
VWMO measures momentum weighted by volume to spot sustained, high-conviction moves.
vwmo_momlen = input.int(21, "VWMO Momentum Length") this sets how many bars back VWMO looks to calculate price momentum (default 21 bars). it takes the price change (close minus close 21 bars ago).
how it works: a longer period captures bigger trends, while a shorter one reacts to recent swings.
how to adjust: on a daily chart, 21 bars is about a month—good for trend trading. on a 5-minute chart, it’s just 105 minutes, so you might bump it to 50 or 100 for more meaningful moves. if you want faster signals, drop it to 10, but expect more noise.
vwmo_volback = input.int(30, "VWMO Volume Lookback") this sets the period for calculating average volume (default 30 bars). VWMO weights momentum by volume divided by this average.
how it works: it compares current volume to the average to see if a move has strong participation. a longer lookback smooths the average, while a shorter one makes it more sensitive.
how to adjust: for stocks with spiky volume (like NVDA on earnings), a longer lookback (50 or 100) avoids overreacting to one-off spikes. for steady volume stocks, try 20. match this to your timeframe—shorter timeframes might need a shorter lookback.
vwmo_smooth = input.int(9, "VWMO Smoothing")
this sets the SMA period to smooth VWMO’s raw momentum (default 9 bars).
how it works: smoothing reduces noise in the signal, making VWMO more reliable for voting. a longer smoothing period cuts more noise but adds lag.
how to adjust: if VWMO is too jumpy (lots of false votes), increase to 15. if it’s too slow and missing trades, drop to 5. test on your chart to see what keeps the signal clean but responsive.
vwmo_threshold = input.float(10, "VWMO Threshold") this is the cutoff for VWMO to vote for a trade (default 10). above 10, it votes for a long; below -10, a short.
how it works: it ensures only strong momentum signals count. a higher threshold means fewer but stronger trades.
how to adjust: if you want more trades, lower it to 5. if you’re getting too many weak signals, raise it to 15. this depends on your market—volatile stocks might need a higher threshold to filter noise.
VEI (Velocity Efficiency Index)
VEI measures market efficiency and velocity to filter out choppy moves and focus on strong trends.
vei_eflen = input.int(14, "VEI Efficiency Smoothing") this sets the EMA period for smoothing VEI’s efficiency calc (bar range / volume, default 14 bars).
how it works: efficiency is how much price moves per unit of volume. smoothing it with an EMA reduces noise, focusing on consistent efficiency. a longer period smooths more but adds lag.
how to adjust: for choppy markets, increase to 20 to filter out noise. for faster markets, drop to 10 for quicker signals. this should match your timeframe—shorter timeframes might need a shorter period.
vei_momlen = input.int(8, "VEI Momentum Length") this sets how many bars back VEI looks to calculate momentum in efficiency (default 8 bars).
how it works: it measures the change in smoothed efficiency over 8 bars, then adjusts for inertia (volume-to-range). a longer period captures bigger shifts, while a shorter one reacts faster.
how to adjust: if VEI is missing quick reversals, drop to 5. if it’s too noisy, raise to 12. test on your chart to see what catches the right moves without too many false signals.
vei_threshold = input.float(4.5, "VEI Threshold") this is the cutoff for VEI to vote for a trade (default 4.5). above 4.5, it votes for a long; below -4.5, a short.
how it works: it ensures only strong, efficient moves count. a higher threshold means fewer trades but higher quality.
how to adjust: if you’re not getting enough trades, lower to 3. if you’re seeing too many false entries, raise to 6. this depends on your market—fast stocks like NQ1 might need a lower threshold.
Features
Multi-Signal Voting: requires all three signals (SPR, VWMO, VEI) to align for a trade, ensuring high-probability setups.
Risk Management: uses ATR-based stops (2.1x) and take-profits (4.1x), with dynamic position sizing based on a risk percentage (default 0.4%).
Market Filters: ADX (default 27) ensures trending conditions, choppiness index (default 54.5) avoids sideways markets, and ATR expansion (default 1.12) confirms volatility.
Dashboard: provides real-time stats like SPR, VWMO, VEI values, net P/L, win rate, and streak, with a clean, functional design.
Visuals
EXODUS prioritizes performance over visuals, as it was built for competitive and competition purposes. entry/exit signals are marked with simple labels and shapes, and a basic heatmap highlights market regimes. a more visually stunning update may be released later, with enhanced graphics and overlays.
Usage
EXODUS is designed for stocks and ETFs but can be adapted for futures with adjustments. it performs best in trending markets with sufficient volatility, as confirmed by its generic tuning across symbols like TSLA, AMD, NVDA, and NQ1. adjust inputs like SPR threshold, VWMO smoothing, or VEI momentum length to suit specific assets or timeframes.
Setting I used: (Again, these are a generic setting, each security needs to be fine tuned)
SPR LB = 19 SPR TH = 0.5 SPR ATR L= 21 SPR RTH Sess: 9:30 – 16:00
VWMO L = 21 VWMO LB = 18 VWMO S = 6 VWMO T = 8
VEI ES = 14 VEI ML = 21 VEI T = 4
R % = 0.4
ATR L = 21 ATR M (S) =1.1 TP Multi = 2.1 ATR min mult = 0.8 ATR Expansion = 1.02
ADX L = 21 Min ADX = 25
Choppiness Index = 14 Chop. Max T = 55.5
Backtesting: TSLA
Frame: Jan 02, 2018, 08:00 — May 01, 2025, 09:00
Slippage: 3
Commission .01
Disclaimer
this strategy is for educational purposes. past performance is not indicative of future results. trading involves significant risk, and you should only trade with capital you can afford to lose. always backtest and validate any strategy before using it in live markets.
(This publishing will most likely be taken down do to some miscellaneous rule about properly displaying charting symbols, or whatever. Once I've identified what part of the publishing they want to pick on, I'll adjust and repost.)
About the Author
Dskyz (DAFE) Trading Systems is dedicated to building high-performance trading algorithms. EXODUS is a product of rigorous research and development, aimed at delivering consistent, and data-driven trading solutions.
Use it with discipline. Use it with clarity. Trade smarter.
**I will continue to release incredible strategies and indicators until I turn this into a brand or until someone offers me a contract.
2025 Created by Dskyz, powered by DAFE Trading Systems. Trade smart, trade bold.
Skrip sumber terbuka
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Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda — ketahui lebih lanjut di sini.
Empowering everyday traders | DAFE Trading Systems
DAFETradingSystems.com
DAFETradingSystems.com
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda — ketahui lebih lanjut di sini.
Empowering everyday traders | DAFE Trading Systems
DAFETradingSystems.com
DAFETradingSystems.com
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.