Submit By Janus Trader (combined by Hamza 2024)

Volume Delta, Chandelier exit with Trendline Breakout Strategy combines multiple technical analysis tools to identify potential breakout opportunities, manage risk, and maximize profit. It integrates:

1. Chandelier exit levels for stop-loss management.

2. Weighted Trendlines for breakout detection.

3. ATR (Average True Range) for stop-loss and take-profit placement.

4. Volume Delta: tracks changes in positive and negative volume.

    

Components

1. Weighted Trendlines:

   • Identifies key resistance and support levels using pivot highs and lows.

   • Monitors for breakouts above or below the trendlines to trigger trades.

2. Chandelier Exit:

   • Dynamically adjusts stop-loss levels based on price volatility and ATR.

   • Directional bias is determined based on the position of the close relative to the Chandelier levels.

3. Reversal Bands:

   • Provides dynamic overbought/oversold zones using Keltner Channel-like bands.

   • Aids in identifying potential reversal zones to exit or enter trades.

4. Volume Delta:

   • Tracks changes in positive and negative volume to validate breakout strength or reversals.

   • Displays these metrics visually for S/R and macro levels.

5. ATR-Based Risk Management:

   • Uses ATR to set precise stop-loss and take-profit levels.

   • Trailing stop-loss ensures profits are locked in as trends develop.

Trading Rules

Buy Entry

1. Chandelier Exit is below the candles and show a buy signal

2. Price breaks above the upper weighted trendline.

3. Confirm that volume delta is positive (higher buying volume than selling volume).

4. Re-enter when ther is an other Price breaks above the upper weighted trendline.

Stop-Loss:

• Set below the lower Keltner Channel or use the ATR multiplier for dynamic adjustment.

Take-Profit:

• Set at an ATR multiplier above the entry price or use key resistance levels.

Sell Entry

1. Chandelier Exit is above the candles and show a buy signal

2. Price breaks below the lower weighted trendline.

3. Confirm that volume delta is negative (higher selling volume than buying volume).

4. Re-enter when ther is an other Price breaks below the lower weighted trendline.

Stop-Loss:

• Place above the upper Keltner Channel or dynamically adjust with ATR.

Take-Profit:

• Set at an ATR multiplier below the entry price or use key support levels.

Trailing Stop-Loss

• Enabled for both long and short trades.

• Adjusts dynamically based on ATR and closes further into profit as the trade progresses.

Alerts

The script integrates alerts for:

1. Chandelier direction changes.

2. Buy/Sell breakout signals.

3. Breaches of reversal bands or macro levels.

Customization

1. Adjust sensitivity of trendline breakouts by modifying the slope or pivot length.

2. Use different ATR multipliers for more conservative or aggressive trades.

3. Toggle visualization options (e.g., Reversal Bands, Macro Levels) for cleaner charts.

This strategy suits swing traders and intraday traders who aim to capitalize on clear trend shifts and breakout opportunities while managing risk effectively.

TradingView Directory Strategies

Submit by Timmy 06/06/2014

2 Two points Trading System is a pure price action trend forex strategy.

Time Frame H1, H4, Daily.

Markets: Forex (any currency pairs).

Metatrader Indicators:

2 point indicator;

Trading Numbers;

200 Ema high;

200 Ema Low.

Up Trend price above 200 EMA channel;

Down Trendf price below 200EMA Channel.

RULES:

In down trend

Point 1 is always the last UP peak on the chart as seen below. I call this the retrace value because it is created due to a retrace or consolidation after a move in either direction.

Point 2 is the second low created from Point 1 . This is where the pending trades should always be placed.

Point 1 is where you decide what to do next. This point is called the retrace value of the current trend. This is where the market gives back some of the gain before continue with the current trend. Knowing how to treat point 1 is very important in trading the 2 points system.

In up trend reversal conditions.

Stop Loss

Stop loss is very important in trading this strategy. Stop loss should be placed 50 pips away from the entry or below the preview peak. I use stop loss is by switching to a lower time frame and find a peak from there.

The fade break

Forex Trend Strategy with Fibonacci Retracement

Price action with 21 SMA

Support and resistance reversal trading system

Two points Trading System

http://www.learn-forextrading.org/2017/06/intraday-trading-using-camarilla.html