Smart MW Pattern Dual ATR System

Elevate your trading with a professional-grade Price Action system designed to identify high-probability  M-shaped (Double Top) and  W-shaped (Double Bottom) patterns. Unlike basic indicators, the  Smart MW Pattern Dual ATR System provides a complete trading framework, integrating entry signals with a sophisticated two-stage risk management system.

Core Logic:

This indicator detects market turning points by identifying classic M and W price structures. To ensure the highest signal quality, it filters these patterns using a  Dual ATR (Average True Range) logic:

1. Initial Smart SL: Automatically calculates a safe stop-loss level at the moment of entry using a dedicated ATR period.

2. Dynamic Trailing Stop: Uses a separate ATR calculation to track the trend, allowing you to ride the wave while protecting your profits.

Key Features:

• ✅  100% Non-Repaint: Once a candle closes and a signal appears, it stays fixed. Reliability is our top priority.

• ✅  Dual ATR Protection: Unique logic using two different ATR settings—one for entry protection and one for trend following.

• ✅  Smart Visual Labels: Clear "BUY" and "SELL" text labels with price execution levels displayed directly on your chart.

• ✅  Dynamic Trailing Stop: An orange dotted line that follows the price, helping you exit at the optimal time.

• ✅  Static Smart SL: A clear yellow label showing exactly where to place your initial stop loss to avoid market noise.

• ✅  Fully Customizable: Adjust pivot sensitivity (Left/Right bars) and ATR multipliers to fit any timeframe or asset.

How to Trade:

1. Sell Signal (M-Pattern): Wait for the Red Arrow and "BÁN" label. Place your SL at the Yellow "Smart SL" level. Follow the Orange Trailing line.

2. Buy Signal (W-Pattern): Wait for the Lime Arrow and "MUA" label. Place your SL at the Yellow "Smart SL" level. Follow the Orange Trailing line.

3. Exit: Close the trade when the price hits the Orange Trailing Stop line or when an opposite signal appears.

Input Parameters:

• M-W Pattern Configuration: Adjust Left Bars and Right Bars to define the sensitivity of peak/valley detection.

• Smart SL Settings: Enable/Disable the static SL label and adjust the ATR multiplier for initial protection.

• Trailing Stop Settings: Enable/Disable the dynamic line and adjust the ATR multiplier to control how "tight" the stop follows the price.

Recommendations:

• Timeframes: Works best on M15, H1, and H4.

• Assets: Optimized for Forex majors, Gold (XAUUSD), and Indices.

• Risk Management: Always use the provided Smart SL levels to protect your capital.