PROTECTED SOURCE SCRIPT
[NORTH2025] MULTI-TRENDS POLARIS

๐ [NORTH2025] MULTI-TRENDS POLARIS is a comprehensive indicator that effectively combines multi-timeframe analysis, clear trading signals, and visual guidance, making it ideal for systematic trading with clearly defined rules and risk management strategies.
๐ Detailed Explanation of the Script
โ๏ธ Sections and Indicators Used
โ 1. Timeframe Table (Upper Right Corner)
Displays two columns (LTF and HTF) with rows for each timeframe pair:
- Highlights the current timeframe row in yellow for easy identification.
- Helps traders quickly identify appropriate higher timeframe (HTF) references.
โ 2. Automatic Parameter Detection (AUTO DETECT TIMEFRAME)
- Parameters (EMA periods, Supertrend multipliers, Trend Katcher values, etc.) are automatically adjusted based on the current timeframe to optimize indicator performance.
- Uses a switch statement to automatically override default parameters for each specific timeframe.
โ 3. EMA Crossover Strategy (MA CROSSOVER - MC)
- Uses two Exponential Moving Averages (Fast EMA and Slow EMA):
- - > UpTrend: Fast EMA crosses above Slow EMA.
- - > DnTrend: Fast EMA crosses below Slow EMA.
- Color-coded bars to visually indicate market strength (Bullish, Bearish, Neutral):
- Blue (Strong Bull), Green (Bullish), Yellow/Orange (Weak/Neutral), Purple/Red (Bearish).
โ 4. Supertrend Indicator (ST)
- Supertrend identifies market trends using Average True Range (ATR).
- -> UpTrend: Price closes above Supertrend line (blue).
- -> DnTrend: Price closes below Supertrend line (red).
- Trend reversal signals are clearly plotted as labeled arrows on the chart.
โ 5. Trend Katcher (TK)
- Detects major trend shifts by defining dynamic price channels based on recent highs/lows and ATR bands.
- -> Buy Signal: Price crosses above midline + ATR buffer (blue up arrow).
- -> Sell Signal: Price crosses below midline - ATR buffer (red down arrow).
- Useful for spotting strong momentum shifts or trend continuations.
โ 6. Significant Swing Levels (SS)
- Identifies key swing highs (resistance) and lows (support) based on pivot points.
- These pivots can serve as clear reference points for setting Stop Loss.
โ 7. Main Trend Background Coloring (MC + ST)
- Chart background color visually summarizes main trend:
- Blue: Bullish (EMA bullish crossover & Supertrend bullish)
- Red: Bearish (EMA bearish crossover & Supertrend bearish)
- Gray: Mixed signals (no clear trend alignment)
๐ Practical Usage & Advantages
- Simplicity & Visual Clarity: Easy-to-understand color coding for quick decision-making.
- Multi-Timeframe Awareness: Integrates clearly defined higher and lower timeframe signals.
- Adaptive Parameters: Parameters are optimized automatically according to the selected timeframe for improved accuracy and reliability.
๐ Alerts & Notifications
The script provides customizable alerts:
- EMA crossovers (MC).
- Supertrend reversals (ST).
- Trend Katcher shifts (TK).
- Breakouts of significant support/resistance levels (SS).
These alerts facilitate timely entry and exit decisions without constant chart monitoring.
๐ Trade Execution Example
When trading on TF 5-minute (LTF) with the 1-hour chart (HTF) confirming trend direction:
- Check HTF (1-hour):
- -> If background color = blue โ only look for buy signals on the 5-minute chart.
- -> If background color = red โ only look for sell signals on the 5-minute chart.
- -> If background color = gray โ avoid trading (unclear trend).
- Execute trade on LTF (5-min):
- -> Entry Price (EP): Enter on EMA crossover, Supertrend reversal, or Trend Katcher buy/sell arrow.
- -> Stop Loss (SL): Set below recent swing low (for buys) or above recent swing high (for sells).
- -> Take Profit (TP): Set at RRR = 2:1 (for example, risk 3% to gain 6%).
๐ Detailed Explanation of the Script
โ๏ธ Sections and Indicators Used
โ 1. Timeframe Table (Upper Right Corner)
Displays two columns (LTF and HTF) with rows for each timeframe pair:
- Highlights the current timeframe row in yellow for easy identification.
- Helps traders quickly identify appropriate higher timeframe (HTF) references.
โ 2. Automatic Parameter Detection (AUTO DETECT TIMEFRAME)
- Parameters (EMA periods, Supertrend multipliers, Trend Katcher values, etc.) are automatically adjusted based on the current timeframe to optimize indicator performance.
- Uses a switch statement to automatically override default parameters for each specific timeframe.
โ 3. EMA Crossover Strategy (MA CROSSOVER - MC)
- Uses two Exponential Moving Averages (Fast EMA and Slow EMA):
- - > UpTrend: Fast EMA crosses above Slow EMA.
- - > DnTrend: Fast EMA crosses below Slow EMA.
- Color-coded bars to visually indicate market strength (Bullish, Bearish, Neutral):
- Blue (Strong Bull), Green (Bullish), Yellow/Orange (Weak/Neutral), Purple/Red (Bearish).
โ 4. Supertrend Indicator (ST)
- Supertrend identifies market trends using Average True Range (ATR).
- -> UpTrend: Price closes above Supertrend line (blue).
- -> DnTrend: Price closes below Supertrend line (red).
- Trend reversal signals are clearly plotted as labeled arrows on the chart.
โ 5. Trend Katcher (TK)
- Detects major trend shifts by defining dynamic price channels based on recent highs/lows and ATR bands.
- -> Buy Signal: Price crosses above midline + ATR buffer (blue up arrow).
- -> Sell Signal: Price crosses below midline - ATR buffer (red down arrow).
- Useful for spotting strong momentum shifts or trend continuations.
โ 6. Significant Swing Levels (SS)
- Identifies key swing highs (resistance) and lows (support) based on pivot points.
- These pivots can serve as clear reference points for setting Stop Loss.
โ 7. Main Trend Background Coloring (MC + ST)
- Chart background color visually summarizes main trend:
- Blue: Bullish (EMA bullish crossover & Supertrend bullish)
- Red: Bearish (EMA bearish crossover & Supertrend bearish)
- Gray: Mixed signals (no clear trend alignment)
๐ Practical Usage & Advantages
- Simplicity & Visual Clarity: Easy-to-understand color coding for quick decision-making.
- Multi-Timeframe Awareness: Integrates clearly defined higher and lower timeframe signals.
- Adaptive Parameters: Parameters are optimized automatically according to the selected timeframe for improved accuracy and reliability.
๐ Alerts & Notifications
The script provides customizable alerts:
- EMA crossovers (MC).
- Supertrend reversals (ST).
- Trend Katcher shifts (TK).
- Breakouts of significant support/resistance levels (SS).
These alerts facilitate timely entry and exit decisions without constant chart monitoring.
๐ Trade Execution Example
When trading on TF 5-minute (LTF) with the 1-hour chart (HTF) confirming trend direction:
- Check HTF (1-hour):
- -> If background color = blue โ only look for buy signals on the 5-minute chart.
- -> If background color = red โ only look for sell signals on the 5-minute chart.
- -> If background color = gray โ avoid trading (unclear trend).
- Execute trade on LTF (5-min):
- -> Entry Price (EP): Enter on EMA crossover, Supertrend reversal, or Trend Katcher buy/sell arrow.
- -> Stop Loss (SL): Set below recent swing low (for buys) or above recent swing high (for sells).
- -> Take Profit (TP): Set at RRR = 2:1 (for example, risk 3% to gain 6%).
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had โ ketahui lebih lanjut di sini.
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 dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had โ ketahui lebih lanjut di sini.
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.