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Ultimate Precision Buy/Sell Signals - Advanced Edition V1.01

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Ultimate Precision Buy/Sell Signals - Advanced Edition V1.01

Overview

This powerful TradingView indicator is designed for maximum precision in trading by utilizing a combination of EMA, RSI, ATR, ADX, Fibonacci extensions, and divergence detection to identify optimal buy and sell opportunities. The script is designed to help traders maximize profits while minimizing risk with advanced risk calculations and stop-loss mechanisms.

How to Use the Indicator

1. Buy and Sell Signals

BUY Signal (Green Label Below Candles):

RSI crosses above 30 (indicating an oversold recovery).

Price is below the EMA (indicating undervaluation).

ADX confirms a strong trend (if enabled).

📌 Action: Open a long position and set a stop-loss based on the risk level.

SELL Signal (Red Label Above Candles):

RSI crosses below 70 (indicating an overbought condition).

Price is above the EMA (indicating overextension).

ADX confirms a strong trend (if enabled).

📌 Action: Open a short position and set a stop-loss based on the risk level.

2. Risk and Profit Calculations

Risk Level is determined using ATR × Risk Multiplier.

Potential Profit is calculated as Risk Level × Risk-Reward Ratio.

These values are displayed in a floating label to help manage your trades efficiently.

📌 Tip: A higher Risk Multiplier means wider stop-losses, useful for volatile markets.

3. Trend Confirmation (ADX Filter)

If trend filtering is enabled, buy/sell signals will only appear in strong trends.

ADX must be above 25 to confirm that the market is trending.

📌 Tip: Use this to avoid false signals in ranging markets.

4. Divergence Detection

Bullish Divergence (Blue Circle Below Candles): Indicates a potential reversal upwards.

Bearish Divergence (Orange Circle Above Candles): Indicates a potential downward reversal.

📌 Tip: Divergences provide early warnings before market reversals.

5. Heatmap Visualization

Green Background: Indicates a high-confidence buy zone.

Red Background: Indicates a high-confidence sell zone.

📌 Tip: Use heatmaps to spot high-conviction trades.

6. Fibonacci-Based Take Profit (Optional)

If enabled, the script will use Fibonacci extensions instead of fixed risk-reward levels.

📌 Tip: Fibonacci-based TP works well in trending markets.

7. Alerts (No Need to Stare at the Charts!)

Set alerts for BUY and SELL signals.

TradingView will notify you when a perfect trade setup appears.

📌 Tip: Enable alerts in TradingView settings.

Socials & Live Stream Promotion 🚀

If you love this indicator and want to see it in action, check out my live trading sessions and content here:

🎥 YouTube: YouTube.com/TheMysticMonkey09

🎮 Kick: Kick.com/BeeZee09

🎥 Twitch: twitch.tv/themysticmonkey09

👀 Follow me for more trading insights, strategies, and live action!

Funny Trading Joke to Brighten Your Day 😆

💬 Trader: "I lost my whole account today!"💬 Friend: "What happened?!"💬 Trader: "Well... I kept seeing those green candles and thought they were money-growing trees. Turns out they were just market traps!"😂😂😂

🚀 Smash that FOLLOW button if this indicator helps your trading! Let’s dominate the markets together! 📈🔥
Note di rilascio
Just updated it from small errors, and rewrote the code!
Note di rilascio
UPDATE V1.02!

BIG UPDATE, CHECK IT OUT GUYS!
Ultimate Precision Buy/Sell Signals - Master Edition 🚀📊

🔹 Overview

The Ultimate Precision Buy/Sell Signals - Master Edition is a cutting-edge TradingView indicator designed for traders who demand accuracy, efficiency, and smart decision-making. This tool combines heatmaps, expected high/low ranges, advanced buy/sell signals, risk calculations, and alerts to provide the most visually appealing and data-driven experience.

🔥 Features Breakdown

1️⃣ Heatmap Zones (Dynamic Market Analysis)

🟢 Green Zones → Optimal Buy Areas (Price is historically undervalued)

🔴 Red Zones → Optimal Sell Areas (Price is historically overvalued)

⚪ Gray Zones → Neutral Areas (Market consolidation, wait for confirmation)

🛠 How to Use:

Buy when price enters a green zone and wait for a BUY ✅ confirmation.

Sell when price enters a red zone and wait for a SELL ❌ confirmation.

Avoid trading in the gray zone unless there’s a confirmed breakout.

2️⃣ Expected High/Low Range Lines (Future Price Prediction)

🚀 Green Line: Estimated price high based on market data.

🔻 Red Line: Estimated price low based on market data.

🛠 How to Use:

These levels act as future resistance and support zones.

If price reaches the expected high, consider taking profits on longs or shorting.

If price reaches the expected low, consider taking profits on shorts or buying dips.

3️⃣ Buy & Sell Signals with Alerts (Trade Confirmation)

✅ BUY Signal: Appears when RSI crosses above 30 and price is below EMA (bullish recovery).

❌ SELL Signal: Appears when RSI crosses below 70 and price is above EMA (bearish rejection).

🔔 Alerts: Get notified in real-time when a Buy/Sell condition is met!

🛠 How to Use:

Buy only if a BUY ✅ appears within a green zone.

Sell only if a SELL ❌ appears within a red zone.

Set up TradingView alerts for hands-free trading!

🔔 How to Enable Alerts:

Click the ⚙️ settings icon on the indicator.

Select BUY Alert or SELL Alert.

TradingView will notify you when an opportunity arises!

4️⃣ Risk & Profit Labels (Trade Risk Management)

🔵 Displays real-time Risk & Profit levels above the candles.

📏 Calculates stop-loss and take-profit levels based on ATR (Average True Range).

🛠 How to Use:

Only enter trades with favorable risk/reward ratios (at least 2:1).

If the risk is too high, wait for a better entry!

📈 Trading Strategy: Step-by-Step Guide

🐂 Bull Market Strategy

✅ Best for long-term uptrends (Price is making higher highs & higher lows).

1️⃣ Start on the 1-Month Chart to confirm overall uptrend.
2️⃣ Move to the 1-Week Chart and wait for price to dip into the green zone.
3️⃣ Switch to the 1-Day Chart, and wait for a BUY ✅ signal.
4️⃣ Place a stop-loss below support levels.
5️⃣ Exit at the expected high range or when a SELL ❌ appears.

🐻 Bear Market Strategy

✅ Best for downtrends (Price is making lower highs & lower lows).

1️⃣ Start on the 1-Month Chart to confirm overall downtrend.
2️⃣ Move to the 1-Week Chart and wait for price to rise into the red zone.
3️⃣ Switch to the 1-Day Chart, and wait for a SELL ❌ signal.
4️⃣ Place a stop-loss above resistance levels.
5️⃣ Exit at the expected low range or when a BUY ✅ appears.

⚖️ Neutral Market Strategy

✅ Best for sideways trends & consolidations.

1️⃣ Identify a ranging market on the 1-Week Chart.
2️⃣ Wait for price to hit either extreme (upper or lower boundary of the range).
3️⃣ If price reaches the green zone, wait for a BUY ✅ signal.
4️⃣ If price reaches the red zone, wait for a SELL ❌ signal.
5️⃣ Target the opposite heatmap boundary as a profit target.

🎯 Pro Trading Tips

Always check the 1-Month & 1-Week trends before trading short-term.

Only trade when a Buy/Sell signal aligns with a heatmap zone.

Use stop-losses to manage risk! Never trade without a stop.

Enable alerts to catch trades even when you’re away from your screen.

🚀 Now you're ready to dominate the markets with precision! Let’s trade smarter! 📊🔥
Candlestick analysisCyclesstatistics

Script open-source

In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

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