DTC - Dream Trading Club

DTC - Dream Trading Club Indicator

The DTC - Dream Trading Club is a multi-timeframe trend-following indicator designed to help traders identify high-probability buy and sell opportunities. It combines a structured EMA-based trend detection system with dynamic entry, take-profit, and stop-loss levels, all displayed directly on the chart.

Core Features

EMA-Based Trend Detection using 6 EMAs (30–60)

Automatic Buy/Sell Signal Generation based on trend shifts

Dynamic TP/SL Levels with clear visual labels

Multi-Timeframe Trend Dashboard (1H, 4H, Daily)

Unrealized PnL Tracker assuming 10x leverage

User Guide: TP, SL, and Entry Signals

1. Entry Signal:
A "LONG" or "SHORT" label appears when a clear trend reversal is detected using the EMAs. The entry is taken at the close of the signal candle.

2. Stop-Loss (SL):
The stop-loss is calculated based on price structure:

For LONG positions, SL is set to the lowest low of recent candles (based on selected "Length" setting).

For SHORT positions, SL is set to the highest high of recent candles.

The SL adapts to market volatility via the Tiny, Small, Mid, or Large lookback settings.

3. Take-Profit (TP):
The indicator generates 5 take-profit levels using multiples of the calculated risk (Entry - SL distance):

TP1 = Entry ± 1x Risk

TP2 = Entry ± 2x Risk

TP3 = Entry ± 3x Risk

TP4 = Entry ± 4x Risk

TP5 = Entry ± 5x Risk

These levels allow for strategic scaling out or partial profit-taking based on personal trade management preferences.
How the EMA Logic Works

This indicator uses six Exponential Moving Averages (EMAs): 30, 35, 40, 45, 50, and 60 periods. A trend is considered:

Bullish when the EMAs are stacked in ascending order (shorter EMAs above longer ones)
Bearish when they are stacked in descending order

In addition, the indicator pulls EMA data from three higher timeframes (1H, 4H, and 1D) and compares the fast and slow EMAs to determine broader market direction. This helps filter signals and identify confluence across timeframes.