INVITE-ONLY SCRIPT

[astropark] Trend Skywalker V2 [strategy]

Updated
Dear Followers,

today I'm glad to present you Trend Skywalker V2, the evolution of Trend Skywalker V1 indicator that you can see here below:
[astropark] Trend Skywalker V1 [strategy]


This indicator works on every timeframe and market, it's quite responsive to market movements, so it's especially good on volatile markets.

In this new version you have 3 trend clouds available:
  • a short-term one (yellow)
  • a mid-term one (green)
  • a long-term one (blue)

You can also enable an option to show all trend clouds as one, the result will be similar to a special bollinger bands tool.
Of course you can edit trend clouds analysis period and color, also you can turn on or off the cloud that you prefer.

The indicator can run 4 different kinds of strategy: one for each trend cloud individually or a mixed one.

Also the indicator tracks for you a peak profit from entry: this tracker is a suggestion for you to take profits while price goes up!
All red-green circles you see in the chart is a reminder that a peak profit label was there in the past: what does this tell you?
if price starts losing the short-term trend and you had a lot of TP suggestions, maybe trend ended and you should start consider closing your trade before you give back all your profit.

On backtesting you can you test long and short setups individually or both, as well as performance in a specific time window.

This is a premium indicator, so send me a private message in order to get access to this script.
Release Notes
upgraded to pinescript v5
altcoinsBitcoin (Cryptocurrency)cryptoEthereum (Cryptocurrency)LONGMoving AveragesshortStockstrendTrend AnalysistrendcloudsVolatility

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact astropark for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

DM me to get access to this indicator

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Warning: please read before requesting access.

I'm a software engineer, passionate for trading & developing trading tools & bots! Feel free to DM me & checkout my work: bit.ly/astroparktrading
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