INVITE-ONLY SCRIPT

Master BUY/SELL & TP

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How the Script Works

1. Trend Detection: Uses a smoothed trend filter to identify uptrends (upCount > 0) and downtrends (downCount > 0) based on price movement.

2. Non-Lagging Signals: Buy/sell signals are generated at bar close using barstate.isconfirmed to prevent repainting.

3. Auto Trend Detection: When enabled, signals are based on trend changes; when disabled, signals use price crossing the filter.

4. No Signals in Sideways Market: Optionally suppresses signals in neutral markets (upCount == 0 and downCount == 0) to avoid false trades.

5. Buy Signal Logic: Triggers a "Smart Buy" when the trend turns bullish and the previous state was bearish, ensuring trend reversal confirmation.

6. Sell Signal Logic: Triggers a "Smart Sell" when the trend turns bearish and the previous state was bullish, confirming reversals.

7. Take-Profit System: Automatically calculates take-profit levels based on user-defined pips, marking "Book Profit" when reached.

8. Double-Line Visualization: Plots upper and lower trend lines with a colored fill to visually represent the trend direction.

9. Customizable Parameters: Allows users to adjust sampling period, range multiplier, and take-profit pips for flexibility across markets.

10. Alerts: Provides real-time alerts for buy, sell, and take-profit signals, with customizable messages for trading platforms.


How Users Can Make a Profit Using This Script


1. Follow Trend-Based Signals: Enter long positions on "Smart Buy" signals during uptrends and short positions on "Smart Sell" signals during downtrends to capitalize on momentum.

2. Avoid Choppy Markets: Enable "No Signal in Sideways Market" to reduce false signals in range-bound conditions, improving trade accuracy.

3. Utilize Take-Profit: Set a realistic take-profit level (e.g., 100 pips) to lock in profits automatically when price targets are hit.

4. Combine with Confirmation: Use the indicator alongside other tools (e.g., support/resistance) to confirm signals, enhancing trade reliability.

5. Leverage Alerts: Set up alerts to stay informed of buy, sell, and take-profit signals, enabling timely trade execution even when not monitoring charts.

6. Adjust Parameters: Fine-tune the sampling period and multiplier to match the asset’s volatility, optimizing signal timing for forex, stocks, or crypto.

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.