WiseOwl Strategy - Trend Following Mastery
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.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact TraderOuss_LumaNex directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact TraderOuss_LumaNex directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.