master2.0

✅ How It Works

The Master 2.0 indicator is a custom-developed trend and signal tool based on a modified range filter algorithm, specifically designed for clarity, non-repainting signals, and actionable trade execution.

🔧 1. Custom Adaptive Range Filter (Original Logic)

At its core is a custom-built filter that adapts to price volatility. Unlike standard MAs or public-domain range indicators, this version:

(1) Uses a double-smooth EMA logic on absolute price changes.
(2)Multiplies the range by an Impact Factor, giving a dynamic width.
(3) Applies a custom filter algorithm that limits noise and locks on trend movement.

This logic was modified from the concept of range-based filters, but entirely re-engineered to serve trend-following and TP triggering.


🟩 2. Visual Trend Zones (Upper/Lower Lines)

The filtered value generates two dynamic lines:

(1)One above the filter
(2)One below the filter
These create a color-filled “trend tunnel”, making it easy to identify:

(3)🔵 Uptrend (blue fill)
(4)🔴 Downtrend (red fill)
(5)🟡 Sideways market (no fill or neutral color)

These visual cues allow instant identification of market direction without reading complex data

📈 3. Smart Buy/Sell Signals (Confirmed, Non-Repainting ✅)

(1)🚀 Smart Buy is triggered when a confirmed uptrend begins (filter shifts upward with a
new confirmation).

(2)🔻 Smart Sell appears at the start of a confirmed downtrend.

(3)Sideways filters out choppy signals, reducing whipsaws.

✅ All signals are confirmed only after the candle closes (barstate.isconfirmed is used), meaning:
🔒 No repainting or false previews — 100% reliable on live charting.


💰 4. Take Profit System (Unique Utility)

This indicator tracks the entry price after a signal, and auto-detects when a Take Profit level
(in pips) is reached.

(1)💰 Book Profit alert is triggered above/below the candle.

(2)Helps secure gains without relying on external bots or platforms.


🔔 5. Real-Time Alerts Included
All alerts are built-in for automation:

(1)🚀 Smart Buy

(2)🔻 Smart Sell

(3)💰 Book Profit (Buy/Sell)