McGinley and T3 Trend Signals with ATR Trails and Scaled Targets

Summary

This TradingView strategy script presents a configurable signal engine built around the McGinley Dynamic and Tillson T3 indicators. It offers McGinley only, T3 only, or a blended mode, with selectable price input and independent lengths and smoothing settings. An ATR based trail is also configurable, alongside display options for the signal ribbon, component lines, entries, and a dashboard.

Trade management settings include optional take profit levels based on either the flow trail or an ATR baseline. Users can choose one target or scale out across three risk to reward levels, with adjustable exit percentages. Stops can be disabled, shown visually, or connected to strategy exits. The visible excerpt gives strategy configuration and inputs, but omits the signal and order logic that would explain precisely how entries and exits are triggered. It includes no reported performance results, so the settings alone do not establish effectiveness.

Key ideas

• The script lets users select McGinley, T3, or a blended signal engine.
• An ATR trail is available as part of the signal configuration.
• Profit targets can use a flow trail or an ATR baseline.
• The exit settings support a single target or scaling out across three risk to reward levels.
• The excerpt does not show the entry logic or report backtest outcomes.

Tags

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