Options Strategy V2.0📈 Options Strategy V2.0 – Intraday Reversal-Resilient Momentum System
Overview:
This strategy is designed specifically for intraday SPY, TSLA, MSFT, etc. options trading (0DTE or 1DTE), using high-probability signals derived from a confluence of technical indicators: EMA crossovers, RSI thresholds, ATR-based risk control, and volume spikes. The strategy aims to capture strong directional moves while avoiding overtrading, thanks to a built-in cooldown logic and optional time/session filters.
⚙️ Core Concept
The strategy executes trades only in the direction of the prevailing trend, determined by short- and long-term Exponential Moving Averages (EMA). Entry signals are generated when the Relative Strength Index (RSI) confirms momentum in the direction of the trend, and volume spikes suggest institutional activity.
To increase adaptability and user control, it includes a highly customizable parameter set for both long and short entries independently.
📌 Key Features
✅ Trend-Following Logic
Long entries are only allowed when EMA(short) > EMA(long)
Short entries are only allowed when EMA(short) < EMA(long)
✅ RSI Confirmation
Long: Requires RSI crossover above a configurable threshold
Short: Requires RSI crossunder below a configurable threshold
Optional rejection filters: Entry blocked above/below specific RSI extremes
✅ Volume Spike Filter
Confirms institutional participation by comparing current volume to an average multiplied by a user-defined factor.
✅ ATR-Based Risk Management
Both Stop Loss (SL) and Take Profit (TP) are dynamically calculated using ATR × a multiplier.
TP/SL ratio is fully configurable.
✅ Cooldown Control
After every trade, the system waits for a set number of bars before allowing new entries.
This prevents overtrading and increases signal quality.
Optionally, cooldown is ignored for reversal trades, ensuring the system can react immediately to a confirmed trend change.
✅ Candle Body Filter (Noise Control)
Avoids trades on candles with too small bodies relative to wicks (often noise or indecision candles).
✅ VWAP Confirmation (Optional)
Ensures price is trading above VWAP for long entries, or below for short entries.
✅ Time & Session Filters
Trades only during regular market hours (09:30–16:00 EST).
No-trade zone (e.g., 14:15–15:45 EST) to avoid low-liquidity traps or late-day whipsaws.
✅ End-of-Day Auto Close
All open positions are force-closed at 15:55 EST, protecting against overnight risk (especially relevant for 0DTE options).
📊 Visual Aids
EMA plots show trend direction
VWAP line provides real-time mean-reversion context
Stop Loss and Take Profit lines appear dynamically with each trade
Alerts notify of entry signals and exit triggers
🔧 Customization Panel
Nearly every element of the strategy can be tailored:
EMA lengths (short and long, for both sides)
RSI thresholds and length
ATR length, SL multiplier, and TP/SL ratio
Volume spike sensitivity
Minimum EMA distance filter
Candle body ratio filter
Session restrictions
Cooldown logic (duration + reversal exception)
This makes the strategy extremely versatile, allowing both conservative and aggressive configurations depending on the trader’s profile and the market context.
📌 Example Use Case: SPY Options (0DTE or 1DTE)
This system was designed and tested specifically for SPY and other intraday options trading, where:
Delta is around 0.50 or higher
Trades are short-lived (often 1–5 candles)
You aim to trade 1–3 signals per day, filtering out weak entries
🚫 Important Notes
It is not a scalping strategy; it relies on confirmed breakouts with trend support
No pyramiding or re-entries without cooldown to preserve risk integrity
Should be used with real-time alerts and manual broker execution
📈 Alerts Included
📈 Long Entry Signal
📉 Short Entry Signal
⚠️ Auto-closed all positions at 15:55 EST
✅ Proven Settings – Real Trades + Backtest Results
The current version of the strategy includes the optimal settings I’ve arrived at through extensive backtesting, as well as 3 months of real trading with consistent profitability. These results reflect real-world execution under live market conditions using 0DTE SPY options, with disciplined trade management and risk control.
🧠 Final Thoughts
Options Strategy V2.0 is a robust, highly tunable intraday strategy that blends momentum, trend-following, and volume confirmation. It is ideal for disciplined traders focused on SPY or other 0DTE/1DTE options, and it includes guardrails to reduce false signals and improve execution timing.
Perfect for those who seek precision, flexibility, and risk-defined setups—not blind automation.
Rata-Rata Pergerakan / Moving Averages
Fisher Crossover StrategyThe Fisher Crossover Strategy is a popular technical trading method that uses the Fisher Transform indicator developed by John Ehlers. This indicator mathematically converts price data into a normal Gaussian distribution, making market turning points sharper and easier to identify. The strategy is based on two lines: the Fisher line, which is the main transformed price value, and the Trigger line, which is a one-period lag of the Fisher line. Traders use the crossover of these lines to determine buy and sell opportunities.
A buy signal is generated when the Fisher line crosses above the Trigger line, indicating that bullish momentum may be starting, while a sell signal occurs when the Fisher line crosses below the Trigger line, suggesting a possible bearish reversal. Signals that occur relative to the zero line are often considered stronger; for example, a buy signal below the zero line may indicate a deeper market reversal. The strategy is simple to follow and can be applied to various markets including stocks, forex, commodities, and cryptocurrencies.
However, like all crossover strategies, it can produce false signals during sideways or ranging markets. To reduce whipsaws, traders often combine the Fisher Crossover Strategy with other tools such as support and resistance levels, volume analysis, or moving averages. Proper risk management with stop-loss and take-profit levels is also essential. Overall, the Fisher Crossover Strategy is valued for its clear entry and exit rules and its ability to highlight potential market reversals earlier than many other indicators.
NAS100 and gold Smart Scalping Strategy PRO [Enhanced v2]It works on both Gold, Platinum and USTEC100. Profit factor between 6-9. Great Profit making with risk management
Ultimate Scalping Strategy v2Strategy Overview
This is a versatile scalping strategy designed primarily for low timeframes (like 1-min, 3-min, or 5-min charts). Its core logic is based on a classic EMA (Exponential Moving Average) crossover system, which is then filtered by the VWAP (Volume-Weighted Average Price) to confirm the trade's direction in alignment with the market's current intraday sentiment.
The strategy is highly customizable, allowing traders to add layers of confirmation, control trade direction, and manage exits with precision.
Core Strategy Logic
The strategy's entry signals are generated when two primary conditions are met simultaneously:
Momentum Shift (EMA Crossover): It looks for a crossover between a fast EMA (default length 9) and a slow EMA (default length 21).
Buy Signal: The fast EMA crosses above the slow EMA, indicating a potential shift to bullish momentum.
Sell Signal: The fast EMA crosses below the slow EMA, indicating a potential shift to bearish momentum.
Trend/Sentiment Filter (VWAP): The crossover signal is only considered valid if the price is on the "correct" side of the VWAP.
For a Buy Signal: The price must be trading above the VWAP. This confirms that, on average, buyers are in control for the day.
For a Sell Signal: The price must be trading below the VWAP. This confirms that sellers are generally in control.
Confirmation Filters (Optional)
To increase the reliability of the signals and reduce false entries, the strategy includes two optional confirmation filters:
Price Action Filter (Engulfing Candle): If enabled (Use Price Action), the entry signal is only valid if the crossover candle is also an "engulfing" candle.
A Bullish Engulfing candle is a large green candle that completely "engulfs" the body of the previous smaller red candle, signaling strong buying pressure.
A Bearish Engulfing candle is a large red candle that engulfs the previous smaller green candle, signaling strong selling pressure.
Volume Filter (Volume Spike): If enabled (Use Volume Confirmation), the entry signal must be accompanied by a surge in volume. This is confirmed if the volume of the entry candle is greater than its recent moving average (default 20 periods). This ensures the move has strong participation behind it.
Exit Strategy
A position can be closed in one of three ways, creating a comprehensive exit plan:
Stop Loss (SL): A fixed stop loss is set at a level determined by a multiple of the Average True Range (ATR). For example, a 1.5 multiplier places the stop 1.5 times the current ATR value away from the entry price. This makes the stop dynamic, adapting to market volatility.
Take Profit (TP): A fixed take profit is also set using an ATR multiplier. By setting the TP multiplier higher than the SL multiplier (e.g., 2.0 for TP vs. 1.5 for SL), the strategy aims for a positive risk-to-reward ratio on each trade.
Exit on Opposite Signal (Reversal): If enabled, an open position will be closed automatically if a valid entry signal in the opposite direction appears. For example, if you are in a long trade and a valid short signal occurs, the strategy will exit the long position immediately. This feature turns the strategy into more of a reversal system.
Key Features & Customization
Trade Direction Control: You can enable or disable long and short trades independently using the Allow Longs and Allow Shorts toggles. This is useful for trading in harmony with a higher-timeframe trend (e.g., only allowing longs in a bull market).
Visual Plots: The strategy plots the Fast EMA, Slow EMA, and VWAP on the chart for easy visualization of the setup. It also plots up/down arrows to mark where valid buy and sell signals occurred.
Dynamic SL/TP Line Plotting: A standout feature is that the strategy automatically draws the exact Stop Loss and Take Profit price lines on the chart for every active trade. These lines appear when a trade is entered and disappear as soon as it is closed, providing a clear visual of your risk and reward targets.
Alerts: The script includes built-in alertcondition calls. This allows you to create alerts in TradingView that can notify you on your phone or execute trades automatically via a webhook when a long or short signal is generated.
PrimeSignal ProPrimeSignal Pro is a premium-grade, AI-augmented trading system tailored for professionals. It combines advanced multi-timeframe analysis, dynamic volume behavior modeling, and precision signal tracking—delivered through a luxury-grade customizable dashboard.
Built for serious traders who demand performance, clarity, and edge.
⚠️ Currently free — future access may be subscription-based as features evolve.
Bollinger Bands SMA 20_2 StrategyMean reversion strategy using Bollinger Bands (20-period SMA with 2.0 standard deviation bands).
Trade Triggers:
🟢 BUY SIGNAL:
When: Price crosses above the lower Bollinger Band
Logic: Price has hit oversold territory and is bouncing back
Action: Places a long position with stop at the lower band
🔴 SELL SIGNAL:
When: Price crosses below the upper Bollinger Band
Logic: Price has hit overbought territory and is pulling back
Action: Places a short position with stop at the upper band
TOT Strategy, The ORB Titan (Configurable)This is a strategy script adapted from Deniscr 's indicator script found here:
All feedback welcome!
Linear Mean Reversion Strategy📘 Strategy Introduction: Linear Mean Reversion with Fixed Stop
This strategy implements a simple yet powerful mean reversion model that assumes price tends to oscillate around a dynamic average over time. It identifies statistically significant deviations from the moving average using a z-score, and enters trades expecting a return to the mean.
🧠 Core Logic:
A z-score is calculated by comparing the current price to its moving average, normalized by standard deviation, over a user-defined half-life window.
Trades are entered when the z-score crosses a threshold (e.g., ±1), signaling overbought or oversold conditions.
The strategy exits positions either when price reverts back near the mean (z-score close to 0), or if a fixed stop loss of 100 points is hit, whichever comes first.
⚙️ Key Features:
Dynamic mean and volatility estimation using moving average and standard deviation
Configurable z-score thresholds for entry and exit
Position size scaling based on z-score magnitude
Fixed stop loss to control risk and avoid prolonged drawdowns
🧪 Use Case:
Ideal for range-bound markets or assets that exhibit stationary behavior around a mean, this strategy is especially useful on assets with mean-reverting characteristics like currency pairs, ETFs, or large-cap stocks. It is best suited for traders looking for short-term reversions rather than long-term trends.
BTC 1m Chop Top/Bottom Reversal (Stable Entries)Strategy Description: BTC 5m Chop Top/Bottom Reversal (Stable Entries)
This strategy is engineered to capture precise reversal points during Bitcoin’s choppy or sideways price action on the 5-minute timeframe. It identifies short-term tops and bottoms using a confluence of volatility bands, momentum indicators, and price structure, optimized for high-probability scalping and intraday reversals.
Core Logic:
Volatility Filter: Uses an EMA with ATR bands to define overextended price zones.
Momentum Divergence: Confirms reversals using RSI and MACD histogram shifts.
Price Action Filter: Requires candle confirmation in the direction of the trade.
Locked Signal Logic: Prevents repaints and disappearing trades by confirming signals only once per bar.
Trade Parameters:
Short Entry: Above upper band + overbought RSI + weakening MACD + bearish candle
Long Entry: Below lower band + oversold RSI + strengthening MACD + bullish candle
Take Profit: ±0.75%
Stop Loss: ±0.4%
This setup is tuned for traders using tight risk control and leverage, where execution precision and minimal drawdown tolerance are critical.
EMA Crossover with Volume + Stacked TP & Trailing SLI am relatively new here. Here is my humble contribution to the community. Simple does it! Ema 21,55 with volume. Surprisingly high win rates and good profit factors on USDJPY, EURJPY, BTCUSD, XAGUSD,XAUUSD, USOIL, USDCAD, EURGBP and AUDNZD. I cannot write a single line of code. I used Copilot for this.
Advanced Supertrend StrategyA comprehensive Pine Script v5 strategy featuring an enhanced Supertrend indicator with multiple technical filters, risk management, and advanced signal confirmation for automated trading on TradingView.
## Features
- **Enhanced Supertrend**: Configurable ATR-based trend following with improved accuracy
- **RSI Filter**: Optional RSI-based signal filtering to avoid overbought/oversold conditions
- **Moving Average Filter**: Trend confirmation using SMA/EMA/WMA with customizable periods
- **Risk Management**: Built-in stop-loss and take-profit based on ATR multiples
- **Trend Strength Analysis**: Filters weak signals by requiring minimum trend duration
- **Breakout Confirmation**: Optional price breakout validation for stronger signals
- **Visual Interface**: Comprehensive chart plotting with multiple indicator overlays
- **Advanced Alerts**: Multiple alert conditions with detailed signal information
- **Backtesting**: Full strategy backtesting with commission and realistic execution
us100_fun_1This strategy works on the US100 only and is designed to trade entries points based off of the 4-hourly 8 ema.
MA wiht Logistic [Jsk]This script is published for educational purposes only and does not constitute financial advice. Past performance does not guarantee future results. Trade at your own risk; the author accepts no liability for any financial loss incurred.
Concept
• Direction is defined by the relationship between price and two moving averages (Fast & Slow).
Long: Close > Fast MA > Slow MA
Short: Close < Fast MA < Slow MA
• Three independent exit modes are available:
1) None – positions are closed only when an opposite signal appears.
2) Percentage – fixed take-profit / stop-loss expressed in % of entry price (default +20 % / –5 %).
3) Logistic – a dynamic take-profit / stop-loss based on a logistic transformation of unrealised P&L.
Key Inputs
• MA Type: EMA, SMA or WMA
• Fast / Slow MA length
• Exit Mode: None | Percentage | Logistic
• Percentage TP / SL values (active when Exit Mode = Percentage)
• Logistic settings: slope k, midpoint, TP / SL probability thresholds (active when Exit Mode = Logistic)
Recommended Use
The script works on any market or timeframe, but MA-based trend filters usually perform better in assets with smooth, directional moves. Always verify results in the Strategy Tester and account for commissions and slippage.
1EMA + 1MACD + 1RSI Crypto Strategy AB 092Title: EMA + MACD + RSI Crypto Strategy
Overview:
This is a trend-following and momentum-based crypto trading strategy built for 1H, 4H, and 1D timeframes, combining three proven indicators:
EMA 50 & EMA 200 Crossover – identifies long-term trend direction.
MACD Crossover (12, 26, 9) – confirms momentum shift.
RSI Filter (14) – avoids overbought/oversold traps and refines entries.
Buy Entry Conditions:
EMA 50 > EMA 200 (Golden Cross)
MACD line crosses above signal line
RSI is between 45 and 70
Sell Entry Conditions:
EMA 50 < EMA 200 (Death Cross)
MACD line crosses below signal line
RSI is between 30 and 55
Risk Management:
Configurable Take Profit and Stop Loss percentages via inputs.
Default: 3% TP, 1.5% SL (adjustable based on timeframe and asset volatility).
Best For:
Intraday trades on 1H (BTC, ETH, SOL)
Swing trades on 4H
Position entries on 1D (top 50 altcoins)
This script includes visual Buy/Sell signals, alert conditions, and customizable SL/TP logic — making it a clean, actionable, and reliable strategy for crypto traders.
Dubic EMA StrategyThe Dubic EMA Strategy is a trend-following and volatility-aware strategy that combines dual EMA filters with intelligent range and noise detection to provide clean, actionable entries. It's designed to avoid choppy markets, enhance trade precision, and adapt to different market conditions.
✅ Key Features:
Dual EMA Filter: Enters long when price is above both EMA High & EMA Low, and short when below both.
Range Filter: Avoids entries during tight consolidations or sideways markets.
Volatility Filter: Prevents trading in low-ATR conditions.
Dynamic Risk Management:
ATR-based or fixed % Stop Loss and Take Profit.
Optional Parabolic SAR trailing stop.
One Trade per Trend: Prevents re-entry until trend direction changes.
Unbroken Range Visualization: Detects and displays consolidation zones that can lead to breakouts.
Alerts & Labels: Clean BUY/SELL signals with alerts and chart labels.
🧩 Customization Options:
Adjustable EMA length
Toggle between ATR or % based SL/TP
Volatility threshold
Range detection sensitivity
Enable/disable SAR trailing stop
This strategy works best on trending assets and timeframes with volatility (e.g., crypto, forex, indices). Suitable for both manual trading and automation.
🛠️ Built for clarity, control, and precision.
📈 Backtest, optimize, and deploy with confidence.
TPC Strategy XAUUSD - M5 with Fixed SL/TPThis script implements a trend-following strategy for XAUUSD on the 5-minute chart, using 200 EMA and 21 EMA to filter direction. Entries are triggered based on RSI, MACD crossovers, and price action alignment. It includes fixed Stop Loss (15 pips) and Take Profit (22.5 pips) with visual SL/TP lines, BUY/SELL labels, and alert conditions for automated notifications. Designed for intraday scalping and low-risk entries during trending conditions.
Sniper 1.0Overview
The tool is a powerful, real-time trendline-based breakout tool enhanced with RSI confirmation and EMA insights. Designed for scalpers and intraday traders, this script blends smart price action with momentum analytics to help identify high-probability breakout opportunities with precision. tool pridict TOP and BOTTOM easily.
User Benefits
Improved Entry Accuracy: Catch TOP and BOTTOM
Trend Confidence: Visual trendlines adapt in real-time based on ATR slopes.
Multi-Timeframe Insights: Analyze lower timeframe breakouts with 15-minute RSI filtering.
Speed & Clarity: Get directional hints with a color-coded EMA.
Flexible Backpainting: Backtest with dynamic trendlines or forward-only for cleaner real-time visuals.
Key Features
Dynamic Trendlines: Automatically plots real-time up/down trendlines using pivot points and ATR slope mechanics.
Breakout Signals with RSI Confirmation: Identifies breakouts when price crosses trendlines and RSI supports the move.
EMA Trend Filter: Highlights trend strength with EMA and signals momentum shifts.
Custom Timeframe RSI Input: Leverage higher or lower timeframe RSI for added signal filtering.
Alert Ready: Set alerts for bullish or bearish breakouts confirmed by RSI.
Combo 2/20 EMA & Bandpass Filter by TamarokDescription:
This strategy combines a 2/20 exponential moving average (EMA) crossover with a custom bandpass filter to generate buy and sell signals.
Use the Fast EMA and Slow EMA inputs to adjust trend sensitivity, and the Bandpass Filter Length, Delta, and Zones to fine-tune momentum turns.
Signals occur when both EMA and BPF agree in direction, with optional reversal and time filters.
How to use:
1. Add the script to your chart in TradingView.
2. Adjust the EMA and BP Filter parameters to match your asset’s volatility.
3. Enable ‘Reverse Signals’ to trade counter-trend, or use the time filter to limit sessions.
4. Set alerts on Long Alert and Short Alert for automated notifications.
Inspiration:
Based on HPotter’s original combo strategy (Stocks & Commodities Mar 2010).
Updated to Pine Script v6 with streamlined code and alerts.
WARNING:
For purpose educate only
200 SMA (5%/-3% Buffer) for SPY & QQQ In my testing TQQQ is an absolute monster of an ETF that performs extremely well even from a buy and hold standpoint over long periods of time, its largest drawback is the massive drawdown exposure that it faces which can be easily sidestepped with this strategy.
This strategy is meant to basically abuse TQQQ's insane outperformance while augmenting the typical 200SMA strategy in a way that uses all of its strengths while avoiding getting whipsawed in sideways markets.
The strategy BUYS when price crosses 5% over the 200SMA and then SELLS when price drops 3% below the 200SMA. Between trades I'll be parking my entire account in SGOV.
So maximizing profit while minimizing risk.
You use the strategy based off of QQQ and then make the trades on TQQQ when it tells you to BUY/SELL.
Here are some reasons why I will be using this strategy:
Simple emotionless BUY and SELL signals where I don't care who the president is, what is happening in the world, who is bombing who, who the leadership team is, no attachment to individual companies and diversified across the NASDAQ.
~85% win percentage and when it does lose the loses are nothing compared to the wins and after a loss you're basically set up for a massive win in the next trade.
Max drawdown of around 53% when using TQQQ
You benefit massively when the market is doing well and when there is a recession you basically sit in SGOV for a year and then are set up for a monster recovery with a clear easy BUY signal. So as long as you're patient you win regardless of what happens.
The trades are often very long term resulting in you taking advantage of Long Term Capital Gains tax advantage which could mean saving up to 15-20% in taxes.
With only a few trades you can spend time doing other stuff and don't have to track or pay attention to anything that is happening.
Simple, easy, and massively profitable.
Breakouts With DXY Filter Strategy [LuciTech]This advanced breakout strategy combines pivot-based breakout detection with an innovative DXY (US Dollar Index) inverse correlation filter to enhance trade selection quality. The strategy identifies breakouts from recent pivot highs and lows while using DXY movements as a confirmation filter, based on the principle that USD strength/weakness often inversely correlates with other asset movements.
Key Features
Core Breakout Logic
- Pivot-Based Detection: Identifies breakouts above recent pivot highs (bullish) and below recent pivot lows (bearish)
- Customizable Lookback: Adjustable pivot length for different market conditions
- Visual Breakout Lines: Optional display of breakout levels with customizable colors
DXY Inverse Correlation Filter
- Smart USD Filter: Uses DXY movements to confirm breakout signals
- Inverse Logic: Long signals require DXY bearishness, short signals require DXY bullishness
- Threshold Control: Minimum DXY movement percentage required for signal confirmation
- Real-time DXY Data: Pulls live DXY data for accurate correlation analysis
Moving Average Filter
- Multiple MA Types: Support for SMA, EMA, WMA, VWMA, and HMA
- Trend Confirmation: Only takes trades in the direction of the selected moving average
- Customizable Parameters: Adjustable length and source for the moving average
Advanced Risk Management
- Multiple Stop Loss Types:
- ATR-based stops with customizable multiplier
- Candle-based stops using previous candle levels
- Fixed point-based stops
- Risk-Reward Optimization: Configurable risk-reward ratios (1:1 to 1:10)
- Breakeven Function: Automatic stop loss adjustment to breakeven after specified R-multiple
- Position Sizing: Percentage-based risk management with automatic position calculation
Time-Based Trading
- Session Filter: Trade only during specified time windows
- London Time Zone: Uses Europe/London timezone for consistency
- Visual Session Highlighting: Optional background fill for active trading hours
Alert System
- Webhook Integration: JSON-formatted alerts for automated trading
- Telegram Support: Pre-formatted messages for Telegram bot integration
- Multiple Formats: Standard, Telegram, and Concise Telegram alert options
- Real-time Notifications: Instant alerts on breakout signals
How It Works
1. Breakout Detection: The script continuously monitors for closes above recent pivot highs or below recent pivot lows
2. DXY Confirmation: When a breakout occurs, the script checks if DXY is moving in the opposite direction with sufficient momentum
3. MA Filter: If enabled, ensures the breakout aligns with the overall trend direction
4. Time Filter: Validates that the signal occurs within the specified trading hours
5. Risk Calculation: Automatically calculates position size based on the defined risk percentage and stop loss distance
6. Trade Execution: Places trades with predetermined stop loss and take profit levels
Unique Advantages
- Multi-Timeframe Approach: Combines asset-specific breakouts with broader USD market sentiment
- False Breakout Reduction: DXY filter helps eliminate breakouts that lack fundamental backing
- Comprehensive Risk Management: Multiple stop loss methods and automatic position sizing
- High Customization: Extensive parameters for different trading styles and market conditions
- Professional Alert System: Ready for automated trading integration
FFI-Trend Rider ProFFI-Trend Rider Pro is a trend-following strategy designed to help traders make more structured and disciplined entries.
It uses a crossover between the 11 EMA and 21 SMA to detect potential trend shifts, while avoiding premature entries by checking how far the price is from the moving averages. If the price is extended, it waits for a pullback — just like professional traders do.
The indicator also includes:
Auto stoploss based on 21 SMA
Visual background colors based on RSI to help gauge trend strength
A built-in trade info table showing current trade type, entry price, stoploss, and trailing SL
Strategy-enabled functionality for easy backtesting
🔍 Ideal For:
Intraday & Swing Traders
Traders who want fewer, high-quality trades
Anyone looking to reduce emotional decision-making
⚠️ Disclaimer:
This script is for educational purposes only and does not constitute financial advice. Always do your own analysis before making any trading decisions. Past performance is not indicative of future results.
