Multiple (11) STRONG Buy/Sell Signals + Momentum)

Multiple (11) STRONG Buy/Sell Signals + Momentum Indicator
By LouisMont

Overview
This Pine Script indicator is designed to identify multiple strong buy and sell signals using a combination of trend-following, momentum-based, pattern recognition, and volume-sensitive methods. The script incorporates 11 conditions, some of which are combined with others to provide Buy/Sell signals and mark high momentum on the charts.

Key Features:
Exponential Moving Averages (EMA): Uses 3, 8, and 13-period EMAs for trend confirmation.

MACD for Trend Confirmation: Faster settings (3, 10, 5) to detect trend shifts early.

VWAP Calculation & Confirmation: Determines price position relative to the Volume Weighted Average Price (VWAP).

EMA Stacking & Reversal Detection: Identifies bullish/bearish trend reversals using EMA crossovers.

Pattern Recognition: Detects Bull Flags, Bear Flags, Ascending & Descending Triangles to identify strong breakout patterns.

Volume Sensitivity Adjustment: Incorporates Relative Volume (RVol) to confirm trade signals with higher volume.

Momentum Indicators: Uses RSI, ADX, and custom calculations for faster momentum detection and trend strength confirmation.

Bollinger Bands & Keltner Channels Squeeze Detection: Identifies price compression and potential breakout points.

Three Consecutive Candles Strategy: Detects strong 3-bar bullish/bearish trends for added confirmation.

Williams %R & Stochastic RSI Combination: Provides faster momentum signals compared to standard RSI.

Percentage Price Oscillator (PPO): Measures trend direction and momentum with signal line crossovers.

Detailed Explanation of Conditions
1. Trend Confirmation with EMAs
Uses three EMAs (3, 8, 13) to determine short-term trend direction.

Bullish Signal: When EMA 3 > EMA 8 > EMA 13.

Bearish Signal: When EMA 3 < EMA 8 < EMA 13.

Detects trend reversals when the stacking pattern shifts.

2. MACD Trend Confirmation
Uses a faster MACD setting (3, 10, 5) to detect momentum shifts.

Bullish Signal: MACD line crosses above the signal line.

Bearish Signal: MACD line crosses below the signal line.

3. VWAP Confirmation
Bullish: Price above VWAP.

Bearish: Price below VWAP.

4. Pattern Recognition: Bull & Bear Flags
Bull Flag: Detects a strong upward impulse, a pullback, and breakout above resistance.

Bear Flag: Identifies a sharp decline, a pullback, and breakdown below support.

5. Pattern Recognition: Triangle Patterns
Ascending Triangle: Higher lows + breakout above resistance.

Descending Triangle: Lower highs + breakdown below support.

6. Volume Sensitivity with Relative Volume (RVol)
High Relative Volume (>1.5x the 50-period SMA) confirms stronger buy/sell signals.

7. Momentum Signals with RSI & ADX
RSI Overbought (70) & Oversold (30) Levels used to confirm trends.

ADX (>25) confirms strong trends before signals are triggered.

8. Bollinger Bands & Keltner Channels Squeeze Strategy
Identifies low volatility periods followed by strong breakouts above/below Bollinger Bands.

9. Three Consecutive Candles Confirmation
Detects 3 bullish or bearish consecutive candles with increasing highs/lows.

10. Williams %R & Stochastic RSI Combo
Williams %R detects overbought/oversold conditions faster than RSI.

Stochastic RSI provides faster crossovers for entry/exit timing.

Buy Signal: Williams %R crosses above -80, and Stoch RSI %K crosses above 20.

Sell Signal: Williams %R crosses below -50, and Stoch RSI %K crosses below 80.

11. Percentage Price Oscillator (PPO) for Trend Momentum
Measures momentum and trend direction similar to MACD but in percentage terms.

Buy Signal: PPO line crosses above signal line.

Sell Signal: PPO line crosses below signal line.

Signal Triggering Logic
Users can select minimum conditions required (1-11) for buy/sell signals to trigger.

If the number of conditions met ≥ user-defined threshold, a buy or sell signal is plotted.

Visualization on Chart
Green triangle (▲) below bars → Buy signal.

Red triangle (▼) below bars → Sell signal.

Green circle (●) at bottom → Momentum Up (High Volume).

Red circle (●) at bottom → Momentum Down (High Volume).

Numbers (1-10) at the bottom indicate how many conditions were met.

How to Use This Indicator
Select the minimum number of conditions to trigger buy/sell signals in the settings panel.

Many conditions are possible by making selections on the Input and Style tabs.
Explore and Enjoy!!

* This script was refined and substantially updated from an earlier version.