Converging Structure, Ribbon, and Regime Filters with ATR Risk Controls

Summary

This TradingView strategy combines several filters to identify trade opportunities. Its inputs specify a swing structure length, a Hann-based ribbon and spacing, and an ADX range that can block entries when the market appears directionless or unusually extended. Optional filters restrict trading to selected sessions or require price to be near an active fair value gap zone. The session filter and fair value gap requirement are disabled by default.

Risk controls include a configurable percentage of equity at risk, a reward-to-risk target, and an ATR buffer beyond a recent fractal extreme for stop placement. A trailing stop can also follow price by an ATR-based offset. The excerpt shows configuration and strategy assumptions, including commission and slippage settings, but is cut off before the entry, exit, and signal calculations are fully visible. It supplies no performance report or independent evidence that the filters improve results, so their value requires testing across markets and settings.

Key ideas

• The strategy combines swing structure, a Hann ribbon, and an ADX regime filter.
• Session restrictions and proximity to a fair value gap are optional entry filters.
• Stops use a recent fractal extreme with an ATR buffer, with an optional ATR-based trail.
• Risk per trade and the reward-to-risk target are configurable inputs.
• The excerpt is incomplete and gives no performance results for evaluating the approach.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.