OPEN-SOURCE SCRIPT

DBG X WOLONG

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📊 USER GUIDE – DBG X WOLONG ALGORITHM
🎯 OVERVIEW

The DBG X WOLONG Future Algorithm is a Pine Script v5 that integrates multiple advanced technical indicators, enabling traders to analyze markets and make precise trading decisions.

⚙️ MAIN SETTINGS
🔹 Sensitivity

Value: 1–20 (Default: 6)

Function: Adjusts the sensitivity of the SuperTrend signal

Guidelines:

Low value (1–5): Fewer signals, higher accuracy

High value (15–20): More signals, but with possible noise

🎨 DISPLAY SETTINGS
🔹 Candle Colors

Version 1: Based on MACD histogram

Version 2: Based on SuperTrend

🔹 Color Themes

Theme 1: Traditional Green/Red

Theme 2: Gold/Purple

Theme 3: Blue/Orange

No Fill: No background color displayed

📊 TRADING SIGNALS
🔹 Buy/Sell Signals

BUY 🚀 appears when:

SuperTrend shifts from bearish to bullish

Closing price > SMA 13

Braid Filter confirms

SELL appears when:

SuperTrend shifts from bullish to bearish

Closing price < SMA 13

Braid Filter confirms

🔹 Reversal Signals

▲ (Up Arrow): Buy signal when RSI crosses above 30

▼ (Down Arrow): Sell signal when RSI crosses below 70

🔹 Pullback Signals

▲ Purple: Pullback in bullish trend

▼ Purple: Pullback in bearish trend

🎯 TAKE PROFIT & STOP LOSS
🔹 TP Modes

Version 1: TP based on pivot points

Version 2: TP based on regression line

Close Price: TP at candle close

🔹 TP/SL Settings

TP Ratio: 2.0 (Default)

TP Length: 150 (Default)

ATR SL Length: 10

ATR SL Risk: 1.9

🔹 Labels Displayed

ENTRY: Entry point

STOP LOSS: Stop loss point

TP 1/2/3: 3 take profit levels

☁️ MOVING AVERAGE CLOUD
🔹 Supported MA Types

SMA – Simple Moving Average

EMA – Exponential Moving Average

WMA – Weighted Moving Average

HMA – Hull Moving Average

ALMA – Arnaud Legoux Moving Average

McGinley – McGinley Dynamic

FRAMA – Fractal Adaptive Moving Average

🔹 Cloud Cycles

Default: 2, 6, 11, 18, 21, 24, 28, 34

Customizable: All 8 cycles

🔹 Ribbon Cycles

Default: 6, 13, 20, 28, 36, 45, 55, 444

Customizable: All 8 cycles

🔧 BRAID FILTER
🔹 Function

Filters out noise signals

Confirms strong trends

🔹 Settings

MA Filter: McGinley (Recommended)

Filter Strength: 80% (Default)

📈 TRENDS & INDICATORS
🔹 SuperTrend

Main trend indicator

Generates primary buy/sell signals

🔹 Advanced Ichimoku

Tenkan-Sen: Blue line

Kijun-Sen: Orange line

Senkou Span A/B: Ichimoku cloud

🔹 Trend Tracking

Based on EMA 10 vs EMA 20

Candle colors follow trend direction

🔹 Trend Catcher

Range Filter with multiple options

Adjustable sensitivity

📊 MULTI-TIMEFRAME TREND PANEL
🔹 Displayed Timeframes

1m, 3m, 5m

15m, 30m, 1H

2H, 4H, 8H, Daily

🔹 Displayed Info

Current Position: Bullish/Bearish

Trend: Per timeframe

Volume: Current trading volume

🔹 Panel Positioning

9 selectable positions

Sizes: Large, Normal, Small, Extra Small

🚀 TRADE EXECUTION
📈 LONG ENTRY
✅ Entry Conditions

BUY 🚀 signal appears

SuperTrend turns from red to green

Price > SMA 13

Braid Filter confirms (green)

Trend Panel shows "Bullish" across multiple TFs

📊 Additional Confirmations

MACD Histogram > 0 and rising

RSI crosses above 30 (if reversal signal)

EMA Pullback shows ▲ purple

🎯 Trade Management

Entry: According to ENTRY label

Stop Loss: According to STOP LOSS label

Take Profit: TP1 → TP2 → TP3

📉 SHORT ENTRY
✅ Entry Conditions

SELL signal appears

SuperTrend turns from green to red

Price < SMA 13

Braid Filter confirms (red)

Trend Panel shows "Bearish" across multiple TFs

📊 Additional Confirmations

MACD Histogram < 0 and declining

RSI crosses below 70 (if reversal signal)

EMA Pullback shows ▼ purple

🎯 Trade Management

Entry: According to ENTRY label

Stop Loss: According to STOP LOSS label

Take Profit: TP1 → TP2 → TP3

🎛️ RECOMMENDED SETTINGS
👥 For Beginners
Sensitivity: 6
Candle Colors: Version 1
Buy/Sell Signals: ON
Reversal Signals: OFF
Trend Panel: ON

🏆 For Experienced Traders
Sensitivity: 4–8 (depending on market)
Reversal Signals: ON
Pullback: ON
All indicators: ON
ATR SL Risk: 1.5–2.0

⚡ For Scalping
Sensitivity: 8–12
Timeframes: 1m, 3m, 5m
Use only: SuperTrend + Braid Filter
Quick TP: Only TP1

📊 For Swing Trading
Sensitivity: 4–6
Timeframes: 1H, 4H, 1D
Use all: Full signals
TP: All 3 levels (TP1, TP2, TP3)

⚠️ IMPORTANT NOTES
🔴 Avoid Trading When

Signals conflict across timeframes

Market is strongly ranging/sideways

Abnormally low volume

Price is at major support/resistance zones

🟢 Prefer Trading When

At least 2–3 confirmations align

Clear trend across multiple timeframes

Strong volume surge

Breakout from consolidation zone

💡 Usage Tips

Always wait for confirmation: Never enter with just 1 signal

Risk management: Place SL according to STOP LOSS label

Follow trend panel: Prioritize overall trend

Use multiple timeframes: Analyze top-down

Backtest first: Test strategy on historical data

🛠️ TROUBLESHOOTING
❓ No signals appear

Check if inputs are enabled

Adjust sensitivity

Try switching timeframe

❓ Too many false signals

Lower sensitivity

Increase Braid Filter strength

Trade only with main trend

❓ Trend panel not showing

Enable "Display Dashboard"

Select proper panel position

Adjust panel size

📞 SUPPORT

If you encounter issues using this script, please:

Carefully read this guide

Practice on a demo account

Backtest thoroughly before live trading

📈 Wishing you successful trading! 🚀

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.