Buy/Sell Signals [WynTrader]

Hello dear Friend
Here is a new version ( B-S_251121_wt ) of my Buy/Sell Signals [WynTrader] indicator.
Some calculation updates and useful enhancements have been applied.

Concepts

This Buy/Sell Signals [WynTrader] indicator generates Buy/Sell signals as accurately as possible, identifying trend changes. Compared to other tools that detect trend shifts, this one is simple, easy to use, and demonstrates its efficiency on its own.
- Its features are carefully designed to minimize false signals while ensuring optimal signal placement.
- The Table results allow you to quickly evaluate signal performance, both on their own and compared to a Buy & Hold strategy.
- The Table calculations are fully synchronized with the visible chart (WYSIWYG – What You See Is What You Get). You can also scroll the chart across different date ranges to see how a stock or product performs under various market conditions.
- Seeing Buy/Sell signals on a chart is appealing, but assessing their performance in a Table makes it even more convincing. And without running a full backtest, you can get a clear overview of overall performance immediately.

Features

This indicator generates Buy/Sell signals using:
- Fast and Slow Moving Averages (adjustable).
- Bollinger Bands (adjustable).
- Filters (optional, adjustable) to refine signals, including : Bollinger Bands Lookback Trend Filter; High-Low vs Candle Range Threshold %; Distance from Fast and Slow MAs Threshold %.
- Results are displayed in a Table on the chart, based on the currently visible start and end dates.

Functionality

- The indicator aims to confirm trend changes through timely Buy/Sell signals.
- It uses two Moving Averages and Bollinger Bands, combined with filters such as BB Lookback, -- The variable settings have been tested with a mix of manual and AI testing to find the optimal configuration. You can adjust the variables to suit your goals.
- The design is simple, with clear parameters and instant readability of Buy/Sell Signals on the chart and in the Table results, without complex interpretation needed.
- It works effectively by requiring both trend confirmation and volatility control management.
- Signals are timed to be as accurate as possible, avoiding futile weak or false ones.
- A Table shows the effectiveness of the signals on the current visible chart, providing immediate, realistic feedback. The Buy & Hold strategy results are also included for comparison with the Buy/Sell swing strategy. The Buy & Hold results start from the first Buy signal to ensure a fair comparison.
- Changing the parameters instantly updates the Table, giving a quick, at-a-glance performance check.

Caution

- No technical tool is perfect; it cannot predict disasters, wars, or the actions of large fund managers or short sellers.
- After testing thousands of TradingView indicators over 24 years, I’ve found none to be 100% accurate all the time.
- This Buy/Sell Signals indicator may outperform some others but is still not perfect.

So, just be aware, and don’t be fooled by this tool.