CRODL | Risk Pilot v1

CRODL | Risk Pilot v1 is a precision-engineered strategy built for traders who prioritize capital preservation and systematic risk control. This script is designed to automate trade execution based on predefined risk parameters, using dynamic stop-loss logic and optional breakeven mechanics.
🔍 Key Features:
🧮 Risk Management: Set your risk per trade in USD and let the strategy auto-calculate position size for you.
🎯 Smart TP/SL: Take profit and stop-loss are dynamically generated based on ATR or a percentage-based system.
🛡️ Breakeven Logic: Optionally move stop-loss to breakeven once 1R is achieved.
⚙️ VWMA & SMA Filters: Higher-timeframe VWMA and SMA filters help validate trade direction and reduce noise.
📉 Supertrend or Percent SL: Choose between Supertrend-based stop loss or a fixed percentage.
🚨 Custom Alerts: Built-in alert messages for entries and exits, customizable for webhook or manual execution setups.
📊 Visual Risk Lines: See your SL and TP levels drawn clearly on the chart with real-time updates.
This strategy is ideal for those who want to control their risk down to the dollar, automate execution, and visually track trades on the chart. It’s flexible enough to adapt to your unique trading preferences while ensuring each trade respects your risk limits.
Note: This script is for educational purposes only and does not constitute financial advice. Always test any strategy using a demo account or paper trading environment before applying it to live markets.

🔍 Entry Logic Explained
How Longs and Shorts Are Determined:
This strategy uses a combination of custom ATR trailing logic, higher-timeframe SMA filtering, and Supertrend direction to generate trade entries. Here's how it works:
🟢 Long Conditions:
A long position is triggered when:
Price breaks above the custom ATR trailing stop (bullish trend detection),
The close is above the higher-timeframe SMA (default: 1-hour SMA 20),
Either no position is open, or existing short positions are closed first (based on user setting),
Supertrend confirms the direction (if enabled for SL).
🔴 Short Conditions:
A short position is triggered when:
Price breaks below the custom ATR trailing stop (bearish trend detection),
The close is below the higher-timeframe SMA,
Either no position is open, or existing long positions are closed first,
Supertrend aligns in bearish direction (if used for SL).
By combining momentum detection (ATR), trend filtering (SMA), and precision risk controls, the strategy aims to reduce false entries and only act during strong directional bias.