DeFi Hungary Master Trend [Educational Strategy]

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DeFi Hungary Master Trend [Educational Strategy]

This Pine Script strategy implements a simple trend-following approach created for educational purposes. The goal of the strategy is to demonstrate how to define entry and exit points in the market by combining custom filters and technical indicators.

Key Features:
Trend Following: The strategy operates based on a custom trend-following mechanism that uses Heikin Ashi candles and a smoothed price range difference to indicate the market direction.
SMMA Crossover: The strategy generates entry and exit signals when the SMMA (Smoothed Moving Average) indicators cross each other. If the close price SMMA crossover confirms the trend direction, a buy or sell signal is generated.
Date Filtering: Backtesting can be customized by date, allowing the user to select the desired test period (start and end date).
Risk Management (Stop Loss and Take Profit): The strategy offers the option to set Stop Loss and Take Profit levels, enabling automated management of positions and protecting capital.
Disclaimer:
This strategy is for educational purposes only. The algorithm does not guarantee profit and is not responsible for any losses. Always conduct your own research and testing before applying it in live trading.