Ultimate Div - High Vis + Weekend Close — Strategy by chgotom

By chgotom

Performance Metrics

Description

Ultimate Intraday Divergence Terminal [V6]This is a comprehensive, institutional-grade trading system built specifically for Forex major pairs (EURUSD, USDJPY, GBPUSD) on the 15m and 1H timeframes. It combines momentum divergence confluence with trend filtering and professional risk management.🔹 Core Strategy LogicThe system identifies Regular and Hidden Divergences across three major oscillators simultaneously. To filter out low-probability signals, it requires a "Confluence" of at least two oscillators before triggering an entry.RSI (Relative Strength Index): Captures overextended momentum.MACD (Moving Average Convergence Divergence): Captures trend shifts.Stochastic: Captures rapid cyclic exhaustion.🔹 Trend & Protection FiltersIchimoku Cloud Filter: Signals are only valid if they align with the higher-order trend defined by the Kumo Cloud (Bullish signals above, Bearish signals below).Volatility (News) Filter: Automatically detects abnormal ATR spikes (common during NFP or CPI) and pauses trading for 5 bars to prevent "whipsaw" losses.Weekend Protection: Automatically closes all positions on Friday evening to avoid Sunday gap risks.🔹 Visual Experience (Optimized for Dark Mode)Dynamic Backgrounds: The chart background shifts to Dark Green (Bullish) or Dark Maroon (Bearish) based on the Ichimoku trend.Neon High-Vis Markers: Neon Cyan (Bullish) and Neon Red (Bearish) shapes ensure signals pop against black backgrounds.Real-Time Dashboard: Monitor your current Win Rate, Confluence levels, and Daily PnL at a glance.Floating PnL Label: A live-tracking label follows price during active trades, showing real-time profit/loss in pips and percentage.🔹 Risk Management SOPRisk-per-Trade: Automatically calculates position sizes based on 1% of equity.Daily Drawdown Limit: Halts trading for the day if a 3% loss limit is hit.Take Profit / Stop Loss: Dynamic calculation based on user-defined Risk:Reward ratios.🛠 How to UseAdd to Chart: Set your timeframe to 15m.Verify Trend: Ensure the background color matches the direction you intend to trade.Wait for Confluence: Watch the dashboard for a 2/3 or 3/3 signal.Manage: Let the automated SL and TP handle the exit, or use the floating PnL label to manually scale out.

Browse all 5,900+ TradingView Pine Script strategies

View on TradingView