OPEN-SOURCE SCRIPT
DBG X WOLONG

Overview
DBG X Wolong is a feature-rich Pine Script v5 indicator/strategy designed to provide a systematic, configurable approach to detecting trade opportunities and managing positions. This free edition combines trend detection, momentum confirmation, volatility sizing and an adaptive grid/TP system into a single workflow that is intended to add practical value beyond a simple indicator mashup
What makes this script original & useful
- Integrated workflow (not a mere mashup): indicators are assigned clear roles in a pipeline — trend → momentum → volatility → scaling/exit — so their outputs interact deterministically to form signals.
- Adaptive grid + ATR sizing: grid spacing and stop/TP levels adapt to market volatility via ATR, reducing arbitrary parameter dependence.
- MA cloud & Braid filter: the multi-MA cloud (supporting many MA types) is used as a structural trend/range detector; the Braid filter suppresses noise and confirms stronger trend regimes.
- Multi-timeframe dashboard: compact view of trend across many TFs to avoid single-TF false signals.
Conceptual workflow (how it works, high level)
- Trend detection: SuperTrend + MA cloud determine the primary bias (bull/bear).
- Momentum confirmation: RSI and MACD histogram confirm momentum direction or reversals.
- Volatility sizing: ATR is used to calculate stop levels and to scale position sizing and grid spacing (higher ATR → wider stops & grid)
- Signal gating / filter: Braid filter and multi-TF confirmation reduce false entries and ensure higher-probability setups..
- Grid / TP engine: when a signal triggers, the system can scale into positions across predefined grid steps and compute TP1/TP2/TP3 based on measured move (VWAP/regression or pivot logic), with labels on chart.
- Visual outputs: colorized candles, entry/stop/take labels, pullback marks and a configurable table/dashboards.
Key components & role (concise)
- SuperTrend: primary trend filter and main signal trigger.
- MA Cloud / Ribbon (many MA types available): structure, support/resistance, trend validation
- Braid Filter: noise suppression and signal confirmation.
- FRAMA / JMA / advanced MA routines: adaptive smoothing options for different market regimes.
- ATR: volatility measure for dynamic stops and grid spacing.
- TP Engine / Regression-VWAP logic: adaptive take profit placement and multi-level exits.
- Dashboard / Multi-TF checks: present TF consensus to avoid contradictory signals.
How signals are generated (conceptual)
- Primary buy: SuperTrend flips bullish + price above short SMA + braid filter confirms + multi-TF bias mostly bullish.
- Primary sell: SuperTrend flips bearish + price below short SMA + braid filter confirms + multi-TF bias mostly bearish.
- Reversal/pullback markers: RSI crossing thresholds with additional confirmations.
(Exact thresholds and gating are configurable in inputs.).
Inputs summary (important ones to show in the publish dialog)
- Sensitivity (SuperTrend tuning): 1–20 (default 6)
- MA cloud cycles & ribbon choices (8 cycle settings)
- Braid filter type & strength (percent)
- ATR length & ATR risk multiplier (for SL and sizing).
- Dashboard: enable/position/size, show/hide signals, pullback toggles.
- TP mode (pivot/regression), TP multiplier and lengths
Recommended usage & presets
- Sensitivity (SuperTrend tuning): 1–20 (default 6)
- MA cloud cycles & ribbon choices (8 cycle settings)
- Braid filter type & strength (percent)
- ATR length & ATR risk multiplier (for SL and sizing).
- Dashboard: enable/position/size, show/hide signals, pullback toggles.
- TP mode (pivot/regression), TP multiplier and lengths
Recommended usage & presets
- Scalping: TF 1–5 minutes; sensitivity higher (8–12); use only SuperTrend + Braid filters; TP1 only.
- Intraday: TF 15–60 minutes; sensitivity medium (6–8); use full grid with ATR-based stops.
- Swing: TF H1–D1; sensitivity lower (4–6); enable full indicators and multi-TF confirmations.
Always backtest and demo-trade settings before using live.
Limitations & safeguards
- Market conditions (thin liquidity, news) can still produce false signals; use multi-TF filter and turn off signals near major events.
- This free edition is intended for learning; advanced/premium variants may include additional proprietary optimizations.
- Not investment advice — use proper money management and test before trading real capital.
Backtesting & validation
- Backtest over multiple symbols and regimes (trending vs ranging) to find robust settings..
- Use the dashboard to visualize TF alignment and exclude signals when mismatch occurs.
- Keep trade frequency reasonable to avoid overfitting small sample sets.
Publishing notes (for moderators/reviewers)
- This description explains how indicators combine in a defined workflow and why each component is used; it demonstrates originality (adaptive grid + ATR-based sizing + MA cloud + Braid filter as a cohesive strategy), not just a superficial mashup.
- The code exposes configurable inputs and visual outputs; the long description gives sufficient conceptual detail for users and moderators to evaluate the script without exposing proprietary implementation details.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.