Trend Flow: A Multi-Mode Indicator Strategy with ATR Risk Controls

Summary

Trend Flow is a configurable directional strategy offering entry rules based on moving-average crosses, RSI, MACD, Bollinger Bands, SuperTrend, Stochastic, Ichimoku, Chaikin Money Flow, Parabolic SAR, squeeze releases, support and resistance, Fibonacci levels, a volume-weighted price proxy, Weis Wave-style volume, and an indicator confluence score. Users select one entry mode. Shared filters can require volume, ADX strength, or a VWAP side or cross condition, and a date lookback can limit which bars qualify. The script applies ATR-based stop loss and either a trailing exit or a fixed ATR-based profit target.

The document gives formulas and adjustable defaults, including a 5- and 21-period EMA pair, a 7-period ATR, and a 2.0 ATR stop multiple. It offers no strategy report or performance evidence, so the breadth of entry choices should not be read as validation. There are implementation details to check before relying on results: the short-entry condition allows entries only when position size is nonpositive, which may prevent opening shorts from flat depending on platform semantics, and the default trailing distance is small. Costs, fills, and parameter sensitivity also require instrument-specific evaluation.

Key ideas

• The strategy lets users choose among numerous indicator-based long and short entry rules, including a multi-indicator confluence mode.
• Volume, ADX, VWAP, and date-range conditions can filter entry signals.
• ATR defines stop distance and either a trailing exit or a fixed profit target.
• The document provides configurable rules and defaults but no reported performance evidence.
• The short-entry position-size condition and small default trail distance warrant implementation review before interpreting results.

Tags

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