TrendMaster Pro with Dynamic ATR

Overview
TrendMaster Pro with Dynamic ATR is a comprehensive trend-following indicator designed for traders seeking to identify entry and exit points in trending markets while incorporating volatility-based risk management. Built on a multi-timeframe Exponential Moving Average (EMA) system, it combines short-term momentum signals with long-term trend filters, enhanced by a Volatility-Adjusted Moving Average (VMA) for confirmation and Average True Range (ATR) for adaptive stop-loss and take-profit levels.
This indicator overlays directly on your chart, providing visual cues for buy/sell signals, dynamic stops/targets, and optional EMA lines. It's ideal for swing trading, day trading, or scalping across various assets like stocks, forex, cryptocurrencies, and commodities. The system emphasizes trend alignment to reduce false signals, with customizable options for trailing mechanisms and filters to suit different market conditions.
Key benefits:

Multi-Timeframe Analysis: Incorporates higher timeframe EMAs for robust trend detection without needing to switch charts.
Volatility Adaptation: Uses ATR for dynamic positioning of stops and targets, helping manage risk in volatile environments.
Flexible Customization: Toggles for displaying EMAs, using trailing stops/targets, and applying VMA filters for entries/exits.
Alert Integration: Built-in alerts for entries, exits, stop breaches, and target hits to automate notifications.

Core Components
The indicator revolves around four EMAs, a VMA, and ATR calculations:

Exponential Moving Averages (EMAs):

Fast EMA (Default: 12 periods): Captures short-term momentum and quick price changes.
Slow EMA (Default: 27 periods): Identifies medium-term trends, providing a smoother view than the Fast EMA.
Stop EMA (Default: 48 periods on 15-minute timeframe): Acts as dynamic support/resistance for risk management and exit signals.
Trend EMA (Default: 288 periods on 5-minute timeframe): Serves as a long-term trend filter to ensure trades align with the overall market direction.


Volatility-Adjusted Moving Average (VMA):

A dynamic moving average that adjusts its sensitivity based on market volatility (using a Directional Movement Index-inspired calculation).
Length: Default 6 periods.
Colored green (uptrend), red (downtrend), or blue (neutral/sideways).
Optionally filters entries and exits to confirm trend direction.


Average True Range (ATR):

Measures volatility over a specified period (Default: 14).
Used to set adaptive stop-loss and take-profit levels.
Multipliers allow customization: Stop (Default: 1.5x ATR), Fixed Target (Default: 3.0x ATR), Trailing Target (Default: 2.0x ATR).
Supports trailing options for stops (based on highest/lowest since entry) and targets (ratcheting with price movement).



Signal Generation

Entry Signals

Buy (Long) Signal: Triggered when the price is above the Trend EMA (bullish alignment) and one of the following occurs:

Price crosses above the Trend EMA.
Price crosses above the Fast EMA, with Fast EMA > Slow EMA > Trend EMA.
Price crosses above the Slow EMA, with Fast EMA > Slow EMA > Trend EMA.


Filtered optionally by VMA being green (uptrend confirmation).
Visual: Green "BUY" label below the bar.
Sell (Short) Signal: Triggered when the price is below the Trend EMA (bearish alignment) and one of the following occurs:

Price crosses below the Trend EMA.
Price crosses below the Fast EMA, with Fast EMA < Slow EMA < Trend EMA.
Price crosses below the Slow EMA, with Fast EMA < Slow EMA < Trend EMA.


Filtered optionally by VMA being red (downtrend confirmation).
Visual: Red "SELL" label above the bar.

Exit Signals

Exit Long: Occurs when the position is active and:

Price crosses below the Stop EMA, or
Price hits the ATR stop-loss (fixed or trailing), or
Price reaches the ATR take-profit (fixed or trailing).


Filtered optionally by VMA > Stop EMA and VMA red (downtrend shift).
Visual: Green "E" label (exit) or "TP" label (if target hit).
Exit Short: Occurs when the position is active and:

Price crosses above the Stop EMA, or
Price hits the ATR stop-loss (fixed or trailing), or
Price reaches the ATR take-profit (fixed or trailing).


Filtered optionally by VMA < Stop EMA and VMA green (uptrend shift).
Visual: Red "E" label (exit) or "TP" label (if target hit).

The indicator tracks only one active position at a time (long or short), resetting on exit. Trailing stops update based on the highest high (long) or lowest low (short) since entry.
Visual Elements


How to Use ?

Setup: Add to your chart and adjust inputs based on your timeframe (e.g., shorter lengths for intraday, longer for swings).
Trading Strategy:

Enter on "BUY" or "SELL" labels when aligned with your broader analysis.
Monitor ATR lines for risk/reward: Aim for targets at least 2x stop distance.
Use trailing options in trending markets to lock in profits; fixed in ranging ones.
Combine with volume or other indicators for confirmation.


Risk Management: Always respect ATR stops to limit losses. Position size based on stop distance (e.g., 1-2% account risk).
Backtesting: Test on historical data to optimize parameters for your asset.
Alerts: Set up notifications for signals via TradingView's alert system. Examples:

"BUY signal triggered"
"EXIT long trade"
"Long ATR target reached on close"

Notes and Limitations

This is not financial advice; use at your own risk and combine with personal analysis.
Performance varies by market conditions—best in trending environments; may whipsaw in sideways markets.
Multi-timeframe requests may cause slight repainting on live charts due to higher TF data.
No repainting on closed bars, but ensure your chart timeframe is compatible with input TFs.
Licensed under Mozilla Public License 2.0. For questions or feedback, contact @MudraMiner.

This indicator empowers traders with a balanced, adaptive system—happy trading! 🚀