BAGAYODA TREND Indicator

The system is strictly rules-based. The indicator will only print an alert if the fast trigger and the background trend are perfectly aligned. BUY SIGNAL (Long Entry): A buy signal is triggered when the short-term dynamics join the overarching bullish trend. Condition 1 (Macro Filter): The current closing price is above the Blue Dashed Line (Big SAR). Condition 2 (Trigger): The Fast Parabolic SAR crosses the price from above to below. Visual Confirmation: A Green Hand icon appears pointing up beneath the candle. Action: Open a BUY position at the open of the next candle following the signal.

A sell signal is triggered when the short-term dynamics join the overarching bearish trend. Condition 1 (Macro Filter): The current closing price is below the Blue Dashed Line (Big SAR). Condition 2 (Trigger): The Fast Parabolic SAR crosses the price from below to above. Visual Confirmation: A Red Hand icon appears pointing down above the candle. Action: Open a SELL position at the open of the next candle following the signal.

If the Fast SAR provides a crossing signal but the Big SAR trend filter is not aligned, the indicator will filter the signal and display nothing to prevent false entries during ranging markets.

Proper risk management is vital. Use the dynamic levels provided by the indicator to secure your trades. Stop-Loss Placement: Buy Trades - Place your Stop-Loss just below the most recent swing low. Sell Trades - Place your Stop-Loss just above the most recent swing high. Trade Invalidation / Trailing Stop: Consider closing your position early if a candle closes on the opposite side of the Blue Dashed Line. Take Profit: Aim for a minimum Risk:Reward ratio of 1:1.5 or 1:2.

For more details, download the Setup Manual PDF on this page.