EMA + RSI Trade Decision Table V2

6 ore fa

This indicator is a rule-based trade decision assistant designed for intraday and swing trading.
It does not place trades automatically. Instead, it evaluates market conditions and clearly shows when a Long or Short setup is statistically favorable, using a structured score-based table.

The goal is simple:
👉 Fewer trades, higher quality, full transparency.

Core Concept

The script combines trend regime, RSI behavior, EMA pullbacks, and risk filters into a single decision framework.

Each bar is evaluated and assigned a confidence score (0–100) for:

Long

Short

Only setups that pass all required conditions and reach the minimum score threshold are marked as TRADE READY.

Key Features
1️⃣ Trend / Regime Detection

Bull Regime: EMA50 > EMA100

Bear Regime: EMA50 < EMA100

Optional confirmation using price vs EMA200

Regime is shown clearly at the top of the table

2️⃣ Regime-Based RSI Zones (Advanced)

RSI behavior changes depending on market regime.
This script accounts for that by using four separate RSI zones:

Bull Regime

Long RSI Zone: trend-continuation pullbacks

Short RSI Zone: overextended / exhaustion areas

Bear Regime

Short RSI Zone: weak pullbacks

Long RSI Zone: extreme oversold relief bounces

Neutral regime uses a configurable fallback zone.

➡️ This avoids the classic RSI mistake of using the same levels in all market conditions.

3️⃣ Pullback + Rejection Logic

Trades are only considered if price:

Pulls back into EMA50 or EMA100

Shows rejection confirmation

Bullish candle for Long

Bearish candle for Short
(optional, configurable)

This filters out random RSI signals and focuses on structured pullbacks.

4️⃣ Late Entry & Noise Filters

To avoid bad entries:

❌ Price too far from EMA50 → blocked

❌ EMA50–EMA100 too close → choppy market

❌ Cooldown after EMA50/EMA100 cross → no immediate revenge trades

All blockers are visible in the table.

5️⃣ Confidence Score (0–100)

Each setup is graded using weighted components:

RSI position

RSI confirmation

Pullback & rejection

Trend alignment

EMA200 context

Penalties for distance, cooldown, chop

Grades:

A = High-quality setup

B = Acceptable

C = Low quality

You decide the minimum score required to allow a trade.

6️⃣ Trade Decision Gate

A trade is only marked as EXECUTE (LONG/SHORT) if:

All mandatory conditions are met

Score ≥ your defined threshold

Otherwise, the system shows:

WATCH

PREPARE

NO SETUP

7️⃣ Visual Decision Table

Three display modes:

Compact – quick overview

Compact + Checks – overview + active checks

Full – complete Long & Short breakdown

Each row clearly shows:

Requirement

Current value

Pass / Fail

“To go” distance (how much is missing)

8️⃣ Alerts

Alerts trigger only on state change, not on every bar:

Long Entry

Short Entry

Optional:

Alerts only on candle close (recommended)

How to Use (Step-by-Step)
Recommended Workflow

Choose your timeframe (15m / 30m / 1H works best)

Wait for BULL or BEAR regime

Let price pull back into EMA50 / EMA100

Watch RSI move into the correct regime-based zone

Wait for EXECUTE (LONG / SHORT) status

Manage entry, stop-loss, and take-profit manually

This indicator is a decision filter, not an entry sniper.

Best Practices

Works best in trending markets

Avoid low-liquidity or sideways sessions

Combine with:

Market structure

Support / resistance

Session timing

Do not trade every signal — trade the best scores

Disclaimer

This script is an educational and analytical tool.
It does not provide financial advice and does not guarantee profitable trades.
Always manage risk properly. Ergün Özmen

5 ore fa

Note di rilascio

Alarm Conditions

1 ora fa

Note di rilascio

Distance Pullback und Rejection

30 minuti fa

Note di rilascio

Distance in % for Rejection and Pullback

9 minuti fa

Note di rilascio

Enty Distance EMA 50 manual