TrendShift Pro v1.1

TrendShift uses a unique series of moving average calculations to signal shifts in trend direction that goes above and beyond what is possible with common moving average trading techniques like simple moving average crosses.

What makes TrendShift different:

Unique moving average calculations - The unique calculations allow signals of shifts in trend direction to occur quickly but also avoid the chop and frequent flipflops that are common with standard moving average trading technique.

Trading filtering - A clear method of trade confirmation and additional trade filtering using popular indicators like the Ichimoku Cloud and Parabolic SAR which work synergistically with the unique moving average calculations and add additional layers of caution and refinement to filter out unreliable signals.

Dynamic trailing stoploss – A dynamically adjusted fractal stop which provides a unique and effective method of managing risk while capturing the duration of a trending move.

Strict trading criteria – Unambiguous and clearly signaled entries along with a comprehensive risk management framework and robust back-testing tools which are design to reduce discretion and subjective input as much as possible.


Features:

Clearly signaled shifts in trend direction.
Built in optimization for different trading instruments.
Custom inputs for self-optimization.
Adjustable methods of confirming trend shift signals.
Trading filtering using popular trend indicators.
Key support and resistance level displays.
Customizable display options.
Risk management using customizable adjustable trailing stop loss and position size management tools.
Customizable backtesting tools.
Customizable alert messages.

Settings:

Entry Settings:
Entry Type: for entering trades via signal candle or signal candle confirmation.
Trade type: for long only, short only, or long and short trading.

Trend Optimization: contains optimized settings for Bitcoin , Ether, and Altcoins as well as the ability to customize your own settings.
Trading Filters: allows refining signal strength by using EMAs, Ichimoku Cloud , and Parabolic SAR to filter trades.
Support and Resistance: displays traditional and DM based pivots on various time frames.

Risk Management:
Bars to Form Stoploss: allows for adjustment of bars necessary to dynamically adjust stoploss.
Risk Type: allows for backtesting calculations using % risk to account or leverage.
Display options: allows for displaying trade entry and stop loss levels either near candles or in a table.

Backtesting:
Session: allows filtering by trading session hours.
Day of Week Filter: allows filtering trading by specific day of the week.
Backtesting Time: allows adjustments to backtesting dates.

Alerts: allows for customized alert messages.

Usage:

The indicator is optimized for the 4 hour timeframe. A green bullish or red bearish signal candle indicates there has been a meaningful shift towards the respective trend direction. When a long/short entry signal is given, that means the signal candle has been confirmed and a trade can be entered accordingly.

Once a signal has been generated, a dynamically adjust stoploss will appear and self-adjust every 24-48 hours. Your stoploss should be trailed accordingly.

NOTE: Displayed back-testing results are on Binance:ADAUSDT default settings, from 2018-2023, using 3% risk, and 0.075% commission.