WMA Trend Matrix with Break-and-Retest Entry Options

Summary

The supplied excerpt introduces a strategy framework built around a fast weighted moving average (WMA) and a much slower macro baseline. It includes percentage envelopes and a structural sensitivity setting, then exposes selectable execution modes for baseline signals and break-and-retest signals. Separate micro and macro retest modules can be enabled, with settings for proximity to the relevant WMA, allowable penetration, minimum wait after a break, and the retest window. The script also begins an experimental price-action module intended to isolate baseline line-crossing behavior.

The document is only a partial Pine Script listing: it ends during the input configuration, before the entry rules, exits, testing settings, or results appear. The parameters therefore describe available controls but do not establish how signals are combined in practice or whether the strategy has been tested profitably. The excerpt provides no asset class, timeframe, or risk-management details, so those aspects cannot be inferred reliably.

Key ideas

• The framework uses a fast WMA and a slower macro WMA as central reference lines.
• Break-and-retest execution can be configured for baseline signals, standalone retests, or combined signals.
• Micro and macro retest modules have separate proximity, penetration, and timing settings.
• An experimental price-action module is described as isolating baseline line-crossing mechanics.
• The source ends before showing complete rules, exits, markets, or performance evidence.

Tags

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