OPEN-SOURCE SCRIPT
Multi-Indicator Strategy with Entry & Exit

Your **Multi-Indicator Strategy** is designed to identify **optimal entry and exit points** using multiple technical indicators. Here’s a breakdown of how it works:
### **Strategy Components**
1. **Trend Identification**
- Uses **Exponential Moving Averages (EMA 5 & EMA 20)** to detect bullish or bearish trends.
- A **bullish crossover** (EMA 5 crossing above EMA 20) signals a buying opportunity.
- A **bearish crossunder** (EMA 5 crossing below EMA 20) indicates a selling opportunity.
2. **Momentum & Strength Confirmation**
- **Relative Strength Index (RSI)** ensures price is above **50** for buy signals and below **50** for sell signals.
- **MACD (Moving Average Convergence Divergence)** confirms momentum direction when MACD crosses above the signal line for buys and below for sells.
3. **Volatility & Price Range Analysis**
- **Bollinger Bands** help identify support and resistance zones. Buy when price is near the **lower band**, and sell when price is near the **upper band**.
- **Supertrend Indicator** confirms the general trend direction (**1 for bullish, -1 for bearish**).
4. **Fair Value & Market Sentiment**
- **VWAP (Volume Weighted Average Price)** tracks institutional activity to ensure entries align with market strength.
### **Entry & Exit Rules**
- **Buy Condition:**
✔ EMA 5 crosses above EMA 20
✔ RSI > 50
✔ MACD is bullish
✔ Price near **Bollinger Lower Band**
✔ Supertrend confirms uptrend
- **Sell Condition:**
✔ EMA 5 crosses below EMA 20
✔ RSI < 50
✔ MACD is bearish
✔ Price near **Bollinger Upper Band**
✔ Supertrend confirms downtrend
### **Risk Management**
- **Stop Loss** at **0.5%** below entry price to limit risk.
- **Take Profit** at **1%** above entry price for controlled gains.
This strategy aims for **high probability trades** by combining **trend, momentum, volatility, and institutional activity** into one framework.
Would you like help refining the settings for a specific asset or timeframe? 🚀
### **Strategy Components**
1. **Trend Identification**
- Uses **Exponential Moving Averages (EMA 5 & EMA 20)** to detect bullish or bearish trends.
- A **bullish crossover** (EMA 5 crossing above EMA 20) signals a buying opportunity.
- A **bearish crossunder** (EMA 5 crossing below EMA 20) indicates a selling opportunity.
2. **Momentum & Strength Confirmation**
- **Relative Strength Index (RSI)** ensures price is above **50** for buy signals and below **50** for sell signals.
- **MACD (Moving Average Convergence Divergence)** confirms momentum direction when MACD crosses above the signal line for buys and below for sells.
3. **Volatility & Price Range Analysis**
- **Bollinger Bands** help identify support and resistance zones. Buy when price is near the **lower band**, and sell when price is near the **upper band**.
- **Supertrend Indicator** confirms the general trend direction (**1 for bullish, -1 for bearish**).
4. **Fair Value & Market Sentiment**
- **VWAP (Volume Weighted Average Price)** tracks institutional activity to ensure entries align with market strength.
### **Entry & Exit Rules**
- **Buy Condition:**
✔ EMA 5 crosses above EMA 20
✔ RSI > 50
✔ MACD is bullish
✔ Price near **Bollinger Lower Band**
✔ Supertrend confirms uptrend
- **Sell Condition:**
✔ EMA 5 crosses below EMA 20
✔ RSI < 50
✔ MACD is bearish
✔ Price near **Bollinger Upper Band**
✔ Supertrend confirms downtrend
### **Risk Management**
- **Stop Loss** at **0.5%** below entry price to limit risk.
- **Take Profit** at **1%** above entry price for controlled gains.
This strategy aims for **high probability trades** by combining **trend, momentum, volatility, and institutional activity** into one framework.
Would you like help refining the settings for a specific asset or timeframe? 🚀
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.