INVITE-ONLY SCRIPT

WiseOwl Strategy - Trend Following Mastery

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The WiseOwl Strategy is a versatile trading system designed to adapt to various market conditions through customizable settings and dynamic logic. This strategy incorporates advanced features such as time-based entry filters, dynamic risk management using ATR-based stop-losses, and customizable EMA configurations for trend determination.

Key Features:

  • Customizable Date Range: Allows you to specify the trading window for optimized backtesting.
  • Multiple Trading Modes: Select from various modes like Conservative, Balanced, or Aggressive to suit your risk appetite.
  • Multi-Timeframe Analysis: Dynamically calculates signals using higher and middle timeframes for robust trend validation.
  • Dynamic Stop Loss and Cooldown: Implements ATR-based trailing stop losses and cooldown periods to minimize overtrading.
  • Signal Enhancements: Incorporates volume conditions and signal expiration logic to improve reliability.
  • Visual Aids: Highlights trade entries and exits on the chart for better visualization.


Usage Guidance:
This strategy is intended for educational purposes and can be used as a tool for backtesting and analyzing different trading setups. Users are advised to apply additional risk management practices and avoid using this strategy for live trading without thorough evaluation.

Disclaimer:
Trading involves significant risk, and this script does not guarantee future performance. It is essential to test and customize the strategy according to individual needs.

Nota Keluaran
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Moving AveragesmultitimeframeTrend Analysis

Skrip jemputan sahaja

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Arahan penulis

This invite-only indicator is exclusively available to LumaNex subscribers. To gain access, subscribe through LumaNex’s official channels, provide your TradingView username to the support team, and access will be granted upon verification.

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