Divergence Strategy Pro By Ayrop

13 jam yang laluOverview:

"Divergence Strategy Pro" is a versatile strategy crafted to identify high-probability trading opportunities through divergence signals, integrated with robust risk management features. Designed for multiple asset classes and timeframes, it primarily focuses on XAUUSD (5m) as the default setup but can be customized for other markets effectively.

Key Features:

Divergence Detection:

Supports Regular, Hidden, and Exaggerated Divergences.
Users can customize divergence parameters, including pivot period, line styles, and data source (e.g., Close, High/Low).

ATR-Based Trailing Stop:

Uses a dynamic red line for trailing stop based on ATR (Average True Range) to help manage risk effectively.
Adjustable ATR period and multiplier allow users to define stop loss calculation.

Fibonacci Levels for Take Profit:

Provides 4 customizable Take Profit (TP) levels using Fibonacci retracement.
Displays corresponding Risk/Reward (R/R) values clearly on the chart.

Risk-Free Trade Management:

Offers a risk-free setting that moves stop loss to breakeven after reaching a selected TP level.
Alerts for hitting each TP and for risk-free adjustments to provide a comprehensive trading experience.

Signal Filtering with Trend and Volume Analysis:

EMA Trend Filter: Verifies trades using customizable moving averages, including higher timeframes.
Volume-Based Filters: Includes indicators like OBV, VWAP, MFI, RVOL, and CVD to reduce false signals and adapt the strategy to varying conditions.

Custom Alerts System:

Alerts based on actual trading signals.
Alerts for backtesting events, allowing users to better understand historical performance.

TradingView Compliance:

Educational Use Only:

This strategy is intended purely for educational purposes and does not constitute financial or trading advice.

Risk Warning:

Trading is inherently risky. Users should conduct comprehensive backtesting and trial the strategy on a demo account before live trading. Past performance is not indicative of future results.

Performance Summary & Transparency:

Detailed performance metrics, including Profit Factor, Max Drawdown, and Win Rate, are provided for transparency.
Backtested on XAUUSD (5-minute timeframe) with an 87.92% win rate and a profit factor of 3.388. Remember, historical performance may not reflect future results.

User Customization & Flexibility:

Users can adapt divergence settings, risk parameters, and volume filters to suit their chosen markets and timeframes.
Settings for entry, stop loss, trailing stop, and TPs can be modified, making the strategy flexible to different trading styles.
Divergence thresholds and minimum signal distances can also be refined.

Detailed Trade Information:

A table is displayed on the chart for easy reference, summarizing Entry, Stop Loss, TP1-TP4, and R/R values for every signal.

Disclaimer:

This script is a technical tool meant for educational use and does not provide financial or trading advice. Trading instruments, including XAUUSD, involves considerable risk, and losses may occur. Users should perform their own due diligence, employ sound risk management, and consult a financial advisor if needed. Always backtest thoroughly and forward test on demo accounts before using in live trading.

Recommended Settings:

Default settings are optimized for XAUUSD (5-minute timeframe).
Users are encouraged to test and adjust the settings for different symbols and timeframes for optimal results.