💎DrFX Diamond Algo 💎

Diamond Algo - Multi-Feature Trading System



Advanced trading system combining Supertrend signals with multiple confirmation filters, risk management tools, and a comprehensive market analysis dashboard.

═══ CORE FEATURES ═══
• Smart Buy/Sell signals using modified Supertrend algorithm
• Multi-timeframe trend analysis (M1 to D1)
• Support & Resistance zone detection
• Risk management with automatic TP/SL levels (1:1, 2:1, 3:1)
• Real-time market dashboard with key metrics
• Multiple trend cloud overlays for visual confirmation

═══ SIGNAL GENERATION ═══
BUY Signal:
• Supertrend bullish crossover
• Price above SMA filter
• Optional smart signals (EMA 200 confirmation)

SELL Signal:
• Supertrend bearish crossunder
• Price below SMA filter
• Optional smart signals (EMA 200 confirmation)

═══ DASHBOARD COMPONENTS ═══
• Multi-timeframe trend status (8 timeframes)
• Current position indicator
• Market state analysis (Trending/Ranging/No trend)
• Volatility percentage
• Institutional activity monitor
• Trading session tracker (NY/London/Tokyo/Sydney)
• Trend pressure indicator

═══ VISUAL OVERLAYS ═══
• Trend Cloud: Long-term trend visualization
• Trend Follower: Adaptive trend line
• Comulus Cloud: Dual ALMA-based trend zones
• Cirrus Cloud: Short-term trend bands
• Smart Trail: Fibonacci-based trailing stop
• Dynamic trend lines with breakout alerts

═══ RISK MANAGEMENT ═══
• Automatic Stop-Loss placement (ATR-based)
• Three Take-Profit levels with Risk:Reward ratios
• Entry price labeling
• Optional distance and decimal customization
• Visual lines connecting entry to targets

═══ INPUT PARAMETERS ═══
Sensitivity (1-20): Controls signal frequency
Smart Signals Only: Filters for high-probability setups
Bar Coloring: Trend-based or gradient coloring
Dashboard Location/Size: Customizable placement
Multiple overlay toggles for clean charts

═══ BEST PRACTICES ═══
• Lower sensitivity (1-5) for swing trading
• Higher sensitivity (10-20) for scalping
• Enable Smart Signals for conservative approach
• Use dashboard to confirm multi-timeframe alignment
• Monitor volatility % before entering trades

═══ ALERT CONDITIONS ═══
• Buy Alert: Triggered on bullish signal
• Sell Alert: Triggered on bearish signal
• Trend line breakout alerts (automated)

═══ VERSION INFO ═══
Pine Script: v5
Max Labels: 500
Repainting: Minimal (uses confirmed bars for signals)
```