PROTECTED SOURCE SCRIPT
DayTradeMind Combined High Win Rate Indicator
This is a combined confirmation indicator that generates buy/sell signals only when multiple technical indicators align. It's designed to improve win rates by requiring confluence before triggering trades.
Core Components
1. MACD (Moving Average Convergence Divergence)
Detects momentum shifts through line crossovers
Acts as both a confirmation tool and a trigger mechanism
2. Donchian Channels
Tracks 20-period price range
Uses middle line to determine trend (price above = bullish, below = bearish)
3. SuperTrend
ATR-based trend following indicator
Provides clear bullish/bearish trend direction
4. %B Bollinger Bands
Measures price position within Bollinger Bands
Identifies oversold (buying opportunity) and overbought (selling opportunity) conditions
Signal Logic
The indicator uses a confirmation counting system:
Minimum Confirmations: Default requires 2 out of 4 indicators to agree
Buy Signal: Requires minimum bullish confirmations + a fresh trigger (MACD crossover or price crossing above Donchian middle)
Sell Signal: Requires minimum bearish confirmations + a fresh trigger (MACD crossunder or price crossing below Donchian middle)
This dual-requirement (confirmations + trigger) helps avoid late entries by ensuring fresh momentum.
Key Features
Adjustable sensitivity: Change minimum confirmations (1-4) to balance signal frequency vs. quality
Visual dashboard: Optional stats panel showing current market conditions
Built-in alerts: Automated notifications for trade setups
Clean visualization: BUY/SELL labels directly on the chart
Core Components
1. MACD (Moving Average Convergence Divergence)
Detects momentum shifts through line crossovers
Acts as both a confirmation tool and a trigger mechanism
2. Donchian Channels
Tracks 20-period price range
Uses middle line to determine trend (price above = bullish, below = bearish)
3. SuperTrend
ATR-based trend following indicator
Provides clear bullish/bearish trend direction
4. %B Bollinger Bands
Measures price position within Bollinger Bands
Identifies oversold (buying opportunity) and overbought (selling opportunity) conditions
Signal Logic
The indicator uses a confirmation counting system:
Minimum Confirmations: Default requires 2 out of 4 indicators to agree
Buy Signal: Requires minimum bullish confirmations + a fresh trigger (MACD crossover or price crossing above Donchian middle)
Sell Signal: Requires minimum bearish confirmations + a fresh trigger (MACD crossunder or price crossing below Donchian middle)
This dual-requirement (confirmations + trigger) helps avoid late entries by ensuring fresh momentum.
Key Features
Adjustable sensitivity: Change minimum confirmations (1-4) to balance signal frequency vs. quality
Visual dashboard: Optional stats panel showing current market conditions
Built-in alerts: Automated notifications for trade setups
Clean visualization: BUY/SELL labels directly on the chart
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.