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DAX Diamond Shot

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.
⚡ 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.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.