Strategy #2 [Rider Algo]

Strategy #2 (Indicator) — What it does

Strategy #2 is a rebound-confirmation indicator built around Trend Optimizer lines and WaveTrend confirmation.
Its main purpose is to print high-quality rebound labels when price aggressively tests an optimizer line and then confirms the bounce.

The two key labels are:

• []Strat #2 LT (Long-Term optimizer rebound label)
  []Strat #2 ST (Short-Term optimizer rebound label)
  

These labels are the core of the indicator.

The two Optimizer Lines

• []LT Optimizer Line (Long Term): stronger, more reliable line (primary mean-reversion / support-resistance reference).
  []ST Optimizer Line (Short Term): faster, weaker line (more aggressive, more signals, more noise).
  

Strat #2 LT — When the label appears (most important)

Bullish Strat #2 LT (rebound long)

The label “Strat #2 LT” prints when ALL conditions are met:

1. []Price context: price is still considered “coming from strength” (HH context remains valid even if a LH appears, as long as the LT line has not been tested yet).
   []Test: price drops and touches the LT Optimizer line as support (low reaches the LT support line).
   []Hold: the LT line does NOT break (no confirmed close below LT support after the touch and before confirmation).
   []Confirmation (first time after the touch): the first confirmed candle that prints either:
   []Bullish M, or
   []Attention
2. ...triggers the label.
   [/list=1]
   
   Meaning: price sold off into LT support, support held, and momentum confirms the rebound.
   
   Bearish Strat #2 LT (rebound short) — Mirror logic
   1. []Price context: remains valid from bearish strength (LL context).
      []Test: price rallies and touches LT Optimizer line as resistance.
      []Hold: LT line does NOT break (no confirmed close above resistance).
      []Confirmation (first time after the touch): first confirmed candle after the touch printing:
      []Bearish M, or
      []Warning
   2. ...triggers “Strat #2 LT”.
      [/list=1]
      
      Strat #2 ST — When the label appears“Strat #2 ST” follows the exact same logic, but using the Short-Term Optimizer line instead of LT.
      
      
      • []More frequent signals
        []More sensitive
        
      • Best used with higher timeframe confluence or as an aggressive early entry / scale-in
        
      Default visibility (clean chart by default)
      • []Enabled by default: Strat #2 LT labels
        []Disabled by default: Optimizer lines, Strat #2 ST labels, and WaveTrend (M / Warning / Attention)
        
      
      
      This keeps the focus on the only thing that matters: the Strategy #2 labels.