Dynamic Weighted Price Flow [QuantAlgo]

5. Feb.

Experience a brand new way of analyzing price movement with Dynamic Weighted Price Flow, an advanced technical tool that utilizes the uniqueness of weighted price and dynamic momentum analysis to evaluate trends and deliver high-probability signals. Whether you're a long-term investor seeking major trend confirmation or an active trader looking for precise entries and exits, this indicator's sophisticated and innovative approach to price flow analysis offers invaluable market insights you can only find at QuantAlgo!

🟢 Core Architecture

The Dynamic Weighted Price Flow's foundation rests on its innovative weighted price calculation and momentum-based trend scoring system. By implementing a unique price weighting algorithm alongside Hull Moving Average smoothing, each market move is evaluated within a dynamic context while maintaining exceptional responsiveness to price action. This refined approach helps identify genuine trend transitions while filtering out market noise across multiple timeframes and instruments.

🟢 Technical Foundation

Three key components of this indicator are:

1. Weighted Price Analysis: Utilizes a sophisticated weighting system that prioritizes recent price action
   
2. Momentum Range Processing: A comprehensive scoring system that evaluates price momentum across multiple periods
   
3. Dynamic Trend State Management: A normalized system that tracks and validates trend transitions
   

🟢 Practical Usage Tips

Here's how to maximize your use of the Dynamic Weighted Price Flow:

1/ Setup:

• Add the indicator to your favorites ⭐️
  
• Start with the default baseline period for balanced analysis
  
• Use the recommended momentum range for optimal signal generation
  
• Keep signal markers enabled for clear trend transitions
  
• Customize accent colors to match your preferences
  
• Enable dynamic price bars for complete visual feedback
  

2/ Reading Signals:

• Monitor for triangle markers indicating trend transitions
  
• Watch the main trend line color for direction confirmation
  
• Observe the gradient fills for trend strength visualization
  
• Use the built-in alert system to catch potential setups
  

🟢 Pro Tips

• Adjust Baseline Period based on your trading style:
  → Lower values (1-5) for more responsive signals
  → Higher values (5-10) for more stable trend identification
  

• Fine-tune Momentum Range based on market conditions:
  → Lower values (20-35) for shorter-term signals
  → Higher values (35-50) for longer-term trend following
  

• Optimize Visual Settings for your strategy:
  → Enable signal markers for clear entry/exit points
  → Use dynamic price bars for enhanced trend visualization
  

• Combine with:
  → Volume indicators for trade confirmation
  → Support/resistance levels for entry refinement
  → Multiple timeframe analysis for strategic context
  

17. Feb.

Versionshinweise

Added take-profit and stop-loss levels for strategic trade management with comprehensive tooltips and customization.

24. Juli

Versionshinweise

Updated alerts.