[blackcat] L3 Hull Seeker

28 Apr

OVERVIEW
The [blackcat] L3 Hull Seeker is a comprehensive trading indicator that combines Hull Moving Average (HMA) analysis with robust position management and risk control features. This script is designed to help traders identify potential entry and exit points while maintaining strict risk management protocols.

KEY FEATURES

• Hull MA Analysis:

Advanced Hull Moving Average calculations
Separate Hull MA lines for Close and Open prices
Visual color coding for trend direction
Customizable length parameter for flexibility
• Position Tracking:

Real-time monitoring of long and short positions
Maximum position limit control
Clear position status indicators on chart
• Risk Management System:

User-defined Take Profit percentage
User-defined Stop Loss percentage
Optional activation of TP/SL features
Dynamic label markers for important levels
• Alert System:

Buy/Sell entry alerts
Take Profit/Stop Loss exit alerts
Position status changes
HOW TO USE

Setup Initial Parameters:

Hull MA Length: Adjust based on your trading timeframe
Take Profit Percentage: Set according to your risk tolerance
Stop Loss Percentage: Define your maximum acceptable loss
Enable/Disable Features:

Toggle Take Profit/Stop Loss options as needed
Adjust alert conditions for your trading style
Monitor Trading Signals:

Watch for crossover/crossunder signals
Track position status through labels
Monitor entry and exit alerts
Manage Risk:

Use TP/SL features to control position size
Monitor pyramiding limits
Review position status regularly
TRADE MANAGEMENT

• Entry Conditions:

Long Entry: HullMA_close crosses above HullMA_open
Short Entry: HullMA_close crosses below HullMA_open
• Exit Conditions:

Take Profit: Price reaches defined percentage above/below entry
Stop Loss: Price reaches defined percentage below/above entry
• Position Control:

Limited to one position at a time
Automatic position tracking
Clear visual indication of current trades
TECHNICAL DETAILS

• Hull MA Calculation:

Uses WMA (Weighted Moving Average) for precise calculations
Optimized for trend-following strategies
Smoothed Hull MA lines for better readability
• Label System:

Clear buy/sell markers
Take Profit and Stop Loss indicators
Real-time position status updates
• Alert Configuration:

Customizable alert messages
Multiple alert conditions
Option to enable/disable specific alerts
LIMITATIONS

⚠️ Important Considerations:

Results may vary across different market conditions
Historical performance does not guarantee future results
Always backtest strategy before live trading
Consider complementing with additional analysis tools
BEST PRACTICES

• Recommended Timeframes:

Daily charts for long-term strategies
4-hour charts for swing trading
1-hour charts for short-term trading
• Risk Management Tips:

Start with small position sizes
Always use TP/SL in live trading
Monitor market volatility before entering trades
TROUBLESHOOTING

• Common Issues:

Ensure proper chart resolution
Verify alert conditions are enabled
Check for conflicting indicators
• Performance Optimization:

Use appropriate timeframe for your strategy
Adjust indicator parameters based on market conditions
Monitor for potential overfitting

28 Apr

Nota Keluaran

Added blackcat banner.