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DAX Diamond Shot

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DAX Diamond Shot is an elite, institutional-grade algorithmic indicator custom-engineered specifically for DAX (DE30 / DAX / DAX40) index traders targeting the high-volatility European session opening hours (09:00 AM Frankfurt time) and ongoing session momentum.

⚡ Recommended Timeframe & Asset: Designed to perform best on timeframes of 15 minutes or higher (15m+) on DAX. Using a 15-minute chart or higher effectively filters out morning market noise while capturing high-probability institutional expansion moves with exceptional precision.

Features a flexible 1-Shot Mode toggle in the settings: keep it enabled for strict single-trade discipline per session, or disable it to catch multiple high-momentum expansion setups throughout the entire trading window.

Key Features

DAX Optimized: Calibrated to match the volatility profile of European indices during Frankfurt session hours.

Minimum 15m Recommended: Performs exceptionally well from the 15-minute timeframe upwards to ensure clean institutional execution and noise reduction.

Flexible 1-Shot / Multi-Shot Mode: By default, restricts entries to one high-quality trade per session, but can be easily toggled off in settings to capture all qualifying momentum candles during session hours.

European Session Precision: Automatically locks onto Frankfurt session hours, filtering out dead zones and chop.

Diamond Momentum Filter: Demands strict body dominance (default 60%+) combined with range expansion relative to the 24 SMA.

Trend Alignment (DEMA 24): Integrates a 24-period Double Exponential Moving Average filter to ensure trades flow strictly with short-term institutional momentum.

Clean Fractional Targets & Time Stop: Dynamically calculates an optimal fractional TP based on the trigger candle size and tracks performance over a strict bar window.

Sleek Visuals & Alerts: Instant trade markers, live target projection lines, performance labels, and robust alert integration.

How to Use

Apply to DAX on a 15-minute (15m) or higher timeframe.

Ensure your timezone is set to Berlin (Europe/Berlin).

Configure the 1-Shot Mode toggle in the settings based on whether you want a single session trade or multiple shots!

Disclaimer: For educational and informational purposes only. Past performance does not guarantee future results.

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