THE HEDGE FUND TM PROP ROOM V2.0

WHAT THE INDICATOR DOES

THE HEDGE FUND™ PROP ROOM V2.0, created by SIR DEANGELO, is a professional trend-based trading tool that offers:

✅ Trend Identification

Detects shifts in market momentum using an ATR-filtered SMA breakout.

Confirms breakout direction when price breaches dynamic high/low zones.

✅ Automatic Entry, SL, and 3 Profit Targets

Marks entry at breakout candle’s close.

Places stop loss (SL) dynamically based on ATR-buffered trend zones.

Generates Target 1–3 using calculated R-multiples (risk-based distances).

✅ Visual Feedback

Draws ENTRY, SL, and TARGET lines directly on the chart.

Displays ✔ when a target is hit, and ✖ when SL is hit.

🎯 HOW TO USE

Add the indicator to any chart and timeframe.

Wait for a BUY (green triangle) or SELL (red triangle) to appear.

Use the plotted lines as guidance:

ENTRY = suggested entry price.

SL = suggested stop loss.

Target 1–3 = potential take-profit levels.

Watch for visual ✔ symbols to confirm profit target hits.

Set up alerts for buy/sell signals (see below).

🔧 BEST SETTINGS BY MARKET TYPE

Optimized for volatility and behavior of specific instruments:

🟢 Nasdaq (NQ100 Futures or CFD)

Trend Length: 10–14

ATR Buffer: 0.10

TP R Multiple: 1.5

Timeframes: 5min (scalping), 15min, 1h (swing)

Notes: High volatility. Favor clean setups on higher timeframes unless scalping with confluence.

🟡 Gold (XAU/USD or Futures)

Trend Length: 8–12

ATR Buffer: 0.12

TP R Multiple: 1.2

Timeframes: 15min, 1h

Notes: Intraday noise is high; shorter trends + moderate risk-reward = optimal.

🟠 Crude Oil (WTI/Brent)

Trend Length: 12–16

ATR Buffer: 0.08

TP R Multiple: 1.7

Timeframes: 5min (news), 1h, 4h

Notes: Strong directional moves follow news; wide targets help catch them.

🔵 Forex (EUR/USD, GBP/JPY, etc.)

Trend Length: 10–12

ATR Buffer: 0.10

TP R Multiple: 1.0–1.5

Timeframes: 15min, 1h, 4h

Notes: Lower volatility; smaller R targets and shorter lengths are more consistent.

⚙️ SETTINGS EXPLAINED

Trend Length: Determines trend sensitivity. Lower = faster, higher = smoother.

ATR Buffer: Adjusts how far SL sits below/above trend zone.

TP R Multiple: Risk/reward ratio for placing Targets 1–3.

EMA Length: Only for chart visualization — not used in signal generation.

Manual SL: Optional override of the auto-calculated stop.

📢 ALERTS

Add these to get notified or automate trades:

BUY Alert: When price breaks above the trend zone.

SELL Alert: When price breaks below the trend zone.

To add:

Right-click chart or click the 🔔 icon.

Choose the script and alert condition (Buy or Sell).

Select options: popup, sound, webhook, etc.

📘 FINAL NOTES

Use with additional confluence: support/resistance, session timing (e.g., London or NY open), volume confirmation.

Best for non-repainting setups — this script doesn’t repaint.

Suitable for both manual and algorithmic workflows.

Built for traders who demand precision and clarity in trend shifts.