Trend flow X Strategy by algovisionx2
By algovisionx2
Performance Metrics
- Author: algovisionx2
- Symbol: NSE:NIFTY_MID_SELECT
- Timeframe: 15 minutes
- Net P&L: +1,368,008.50 INR (+13,375.22%)
- Win Rate: 27.3%
- Profit Factor: 1.432
- Max Drawdown: 100,223.63 INR (264.49%)
- Total Trades: 1,241
Description
Trend Flow X StrategyTrend Flow X Strategy is a rule-based trend identification and trading system built using a composite scoring model derived from multiple technical indicators. The strategy evaluates overall market direction by combining trend, momentum, and strength components into a single unified score.The system uses a fixed master timeframe of 15 minutes, which is the recommended timeframe for optimal signal consistency, particularly on NIFTY MID SELECT. The strategy is also compatible with other indices, stocks, futures, forex, and crypto instruments.How It WorksThe strategy calculates a directional score using the following technical components:• EMA 20 and EMA 50 for short and medium trend direction• SMA 20 and SMA 50 for additional trend confirmation• RSI for momentum strength evaluation• MACD for trend continuation and reversal confirmation• ADX with DI+ and DI- for directional strength validation• Williams %R for momentum positioning within recent price rangeEach component contributes positively or negatively to the overall score. The combined score determines the directional bias.Score Interpretation• Score greater than zero indicates bullish conditions• Score less than zero indicates bearish conditions• Score equal to zero indicates neutral conditionsTrade ExecutionThe strategy executes trades only after confirmed candle close to ensure signal stability. This helps avoid intra-bar fluctuations and maintains consistent backtesting and live behavior.Recommended UsagePrimary recommended instrument: NIFTY MID SELECTRecommended timeframe: 15 minutesCompatible with:• NIFTY• BANKNIFTY• FINNIFTY• Stocks• Futures• Forex• CryptoKey Features• Open-source and fully transparent logic• Uses confirmed bar data only• No repaint behavior• No future data access• Multi-indicator composite scoring system• Suitable for systematic trading and research• Compatible with multiple marketsExecution ModelOrders are processed using confirmed bar close values. Commission and slippage parameters are included to simulate more realistic execution conditions.Important InformationThis script is provided for educational and research purposes only. Users should evaluate and test the strategy according to their own requirements before using it in live trading environments.Open-Source LicenseThis script is published as open-source to support transparency, learning, and further development by the TradingView community.