TrendMaster Pro [By TraderMan]

📈 TrendMaster Pro [By TraderMan] Indicator 🚀

TrendMaster Pro is a powerful, technical analysis-based trading tool used on TradingView.
It’s designed to identify market trends, detect support/resistance levels, spot trend breakouts, and generate automatic buy-sell signals.

⚙️ Indicator Logic and Functionality
🔎 Pivot Detection: Captures market turning points (pivot highs & lows).
📉📈 Trend Lines: Draws support (green) and resistance (red) lines between recent pivot points.
💥 Breakout Detection: Generates signals when price breaks support or resistance levels.
⏳ Multi-Timeframe Analysis: Analyzes trend direction and breakouts on 5m, 15m, 1h, 4h, and daily charts.
📊 EMA & Momentum: Confirms trend direction using 5 and 13-period EMAs and momentum indicators.
🎯 TP/SL Levels: Automatically calculates Take Profit (TP) and Stop Loss (SL) levels.
⭐ Success Rate: Measures signal accuracy as a percentage; only signals above 70% are shown.
👁️‍🗨️ Visual Elements: Easy-to-use interface with trend lines, TP/SL boxes, labels, and summary tables.
📲 Alerts: Sends real-time buy/sell notifications via Telegram or webhook.

🛠️ How It Works
🔺 Pivot and Trend Lines
Pivots (highs and lows) are detected based on a user-defined lookback period.
Support (green) and resistance (red) lines are drawn between these points and extended into the future.

⚡ Breakout Detection
If price breaks above resistance → Buy (Long) signal!
If price breaks below support → Sell (Short) signal!
A confirmation bar count (default 1 bar) helps reduce false signals.

📅 Multi-Timeframe Analysis
Checks trend and breakout status across 5m, 15m, 1h, 4h, and daily charts.
EMA5 > EMA13 with positive momentum indicates a bullish trend; the opposite indicates a bearish trend.

🎯 TP and SL Calculation
Entry price is based on the support/resistance level.
TP (2%) and SL (1.3%) percentages are calculated automatically, with vertical offsets applied.

🌟 Success Rate
Rates signal strength based on trend and breakout alignment across timeframes.
Only signals above 70% trigger alerts.

🎮 How to Use
Add the Indicator: Paste the code into Pine Script editor on TradingView and add to your chart.

Configure Settings: Adjust pivot lookback, TP/SL percentages, confirmation bars, and other parameters to fit your strategy.

Follow Signals:

Buy signals show “BUY” labels and TP/SL boxes after resistance breakouts.

Sell signals show “SELL” labels after support breakdowns.

Enter Positions: Take positions on confirmed signals and monitor TP/SL levels.

Receive Alerts: Signals with a success rate above 70% will send automatic Telegram notifications.

💡 Tips for Use
⏱️ Timeframe Choice: Use short timeframes (5m, 15m) for scalping, longer (1h, 4h, daily) for swing trading.
📈 Success Rate: Signals over 80% are more reliable; be cautious with lower percentages.
⚙️ Settings: Optimize TP/SL and pivot period according to asset volatility.
🛡️ Risk Management: Always use SL and manage position size carefully.

🎉 Advantages
📊 Multi-timeframe support for stronger analysis
👁️‍🗨️ User-friendly visuals and summary tables
🤖 Automated alerts via Telegram/webhook
🔧 Flexible, customizable parameters

⚠️ Warnings
⚡ High volatility may increase false signals—consider increasing confirmation bars.
🔄 Signals can be less reliable in non-trending (range) markets.
🧪 Always test strategies on demo accounts before going live.

Conquer the waves of the market with TrendMaster Pro! 🌊💪