OPEN-SOURCE SCRIPT

Ceres Trader Simple Trend & Momentum Signals

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Ceres Trader – Simple Trend & Momentum Signals

Description:
Cut through chart noise with a lightweight, two-factor signal system that combines a classic trend filter (200 EMA) with momentum confirmation (smoothed RSI as a QQE proxy). This indicator plots clean entry arrows—no background shading, no clutter—so you can trade only in the high-probability regime:

Trend Filter: 200-period exponential moving average

Momentum Filter: RSI(14) smoothed over N bars, offset by 50 to create a zero-line

Long Entry: Price above the 200 EMA and the smoothed RSI crosses up through zero → green up-arrow below bar

Short Entry: Price below the 200 EMA and the smoothed RSI crosses down through zero → red down-arrow above bar

Key Features:

Minimalist display: only the 200 EMA and entry arrows

Customizable inputs: EMA length, RSI length, RSI smoothing period

Ultra-low CPU load: suitable for lower timeframes (e.g. 1 min gold futures)

Yellow label text: for optimal visibility on dark or light chart backgrounds

How to Use:

Add the script to your TradingView chart.

Choose your timeframe and adjust inputs as needed.

Take only the long signals when price is above the EMA, and only the short signals when price is below.

Place stops just beyond the EMA; targets can be measured swings or fixed R-multiples.

Notes:

Designed as a regime-based entry filter—no exits or background fills included.

Feel free to combine with your own stop-loss, take-profit, and money-management rules.

Trade smarter, not harder—let the market tell you only when both trend and momentum align.

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.