OPEN-SOURCE SCRIPT
💎DrFX Diamond Algo 💎
Diamond Algo - Multi-Feature Trading System
Advanced trading system combining Supertrend signals with multiple confirmation filters, risk management tools, and a comprehensive market analysis dashboard.
═══ CORE FEATURES ═══
• Smart Buy/Sell signals using modified Supertrend algorithm
• Multi-timeframe trend analysis (M1 to D1)
• Support & Resistance zone detection
• Risk management with automatic TP/SL levels (1:1, 2:1, 3:1)
• Real-time market dashboard with key metrics
• Multiple trend cloud overlays for visual confirmation
═══ SIGNAL GENERATION ═══
BUY Signal:
• Supertrend bullish crossover
• Price above SMA filter
• Optional smart signals (EMA 200 confirmation)
SELL Signal:
• Supertrend bearish crossunder
• Price below SMA filter
• Optional smart signals (EMA 200 confirmation)
═══ DASHBOARD COMPONENTS ═══
• Multi-timeframe trend status (8 timeframes)
• Current position indicator
• Market state analysis (Trending/Ranging/No trend)
• Volatility percentage
• Institutional activity monitor
• Trading session tracker (NY/London/Tokyo/Sydney)
• Trend pressure indicator
═══ VISUAL OVERLAYS ═══
• Trend Cloud: Long-term trend visualization
• Trend Follower: Adaptive trend line
• Comulus Cloud: Dual ALMA-based trend zones
• Cirrus Cloud: Short-term trend bands
• Smart Trail: Fibonacci-based trailing stop
• Dynamic trend lines with breakout alerts
═══ RISK MANAGEMENT ═══
• Automatic Stop-Loss placement (ATR-based)
• Three Take-Profit levels with Risk:Reward ratios
• Entry price labeling
• Optional distance and decimal customization
• Visual lines connecting entry to targets
═══ INPUT PARAMETERS ═══
Sensitivity (1-20): Controls signal frequency
Smart Signals Only: Filters for high-probability setups
Bar Coloring: Trend-based or gradient coloring
Dashboard Location/Size: Customizable placement
Multiple overlay toggles for clean charts
═══ BEST PRACTICES ═══
• Lower sensitivity (1-5) for swing trading
• Higher sensitivity (10-20) for scalping
• Enable Smart Signals for conservative approach
• Use dashboard to confirm multi-timeframe alignment
• Monitor volatility % before entering trades
═══ ALERT CONDITIONS ═══
• Buy Alert: Triggered on bullish signal
• Sell Alert: Triggered on bearish signal
• Trend line breakout alerts (automated)
═══ VERSION INFO ═══
Pine Script: v5
Max Labels: 500
Repainting: Minimal (uses confirmed bars for signals)
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Advanced trading system combining Supertrend signals with multiple confirmation filters, risk management tools, and a comprehensive market analysis dashboard.
═══ CORE FEATURES ═══
• Smart Buy/Sell signals using modified Supertrend algorithm
• Multi-timeframe trend analysis (M1 to D1)
• Support & Resistance zone detection
• Risk management with automatic TP/SL levels (1:1, 2:1, 3:1)
• Real-time market dashboard with key metrics
• Multiple trend cloud overlays for visual confirmation
═══ SIGNAL GENERATION ═══
BUY Signal:
• Supertrend bullish crossover
• Price above SMA filter
• Optional smart signals (EMA 200 confirmation)
SELL Signal:
• Supertrend bearish crossunder
• Price below SMA filter
• Optional smart signals (EMA 200 confirmation)
═══ DASHBOARD COMPONENTS ═══
• Multi-timeframe trend status (8 timeframes)
• Current position indicator
• Market state analysis (Trending/Ranging/No trend)
• Volatility percentage
• Institutional activity monitor
• Trading session tracker (NY/London/Tokyo/Sydney)
• Trend pressure indicator
═══ VISUAL OVERLAYS ═══
• Trend Cloud: Long-term trend visualization
• Trend Follower: Adaptive trend line
• Comulus Cloud: Dual ALMA-based trend zones
• Cirrus Cloud: Short-term trend bands
• Smart Trail: Fibonacci-based trailing stop
• Dynamic trend lines with breakout alerts
═══ RISK MANAGEMENT ═══
• Automatic Stop-Loss placement (ATR-based)
• Three Take-Profit levels with Risk:Reward ratios
• Entry price labeling
• Optional distance and decimal customization
• Visual lines connecting entry to targets
═══ INPUT PARAMETERS ═══
Sensitivity (1-20): Controls signal frequency
Smart Signals Only: Filters for high-probability setups
Bar Coloring: Trend-based or gradient coloring
Dashboard Location/Size: Customizable placement
Multiple overlay toggles for clean charts
═══ BEST PRACTICES ═══
• Lower sensitivity (1-5) for swing trading
• Higher sensitivity (10-20) for scalping
• Enable Smart Signals for conservative approach
• Use dashboard to confirm multi-timeframe alignment
• Monitor volatility % before entering trades
═══ ALERT CONDITIONS ═══
• Buy Alert: Triggered on bullish signal
• Sell Alert: Triggered on bearish signal
• Trend line breakout alerts (automated)
═══ VERSION INFO ═══
Pine Script: v5
Max Labels: 500
Repainting: Minimal (uses confirmed bars for signals)
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Skrip sumber terbuka
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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.
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.