INVITE-ONLY SCRIPT

Malamal Weekly

50
This Pine Script implements a weekly breakout trading strategy called "Malamal Weekly" designed for TradingView. It combines multiple technical indicators to identify high-potential entries and applies a dynamic trailing stop-loss system to protect gains.

🔍 Core Strategy Logic
Entry Condition: A long (buy) position is initiated when:

Weekly close meet the various technical conditions.


Stop-Loss Calculation: The stop-loss is dynamically set as the highest value among:

three different technical indicator value

🧠 Key Features
Uses Weekly Timeframe all technical indicator, and close price.

Trailing Stop-Loss updates every bar to lock in profits.

Dashboard Display shows Buy Price, Profit %, CAGR, and Trailing SL at the bottom-right of the chart.

Clean Plotting of Buy & SL levels for visual clarity.

💡 Purpose
This strategy helps position traders identify strong weekly breakouts and manage risk with smart trailing exits, aiming for multi-bagger potential.

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.