OPEN-SOURCE SCRIPT
buy sell ultra system
What it is
EMA-POC Momentum System Ultra combines a proven trend stack (EMA 20/50/238), a price-of-control layer (POC via Bar-POC or VWAP alternative), and a momentum trigger (RSI) to surface higher-quality entries only when multiple, independent conditions align. This is not a cosmetic mashup; each component gates the others.
How components work together
Trend (EMA 20/50/238): Defines short/medium/long bias and filters counter-trend signals.
POC (Bar-POC or Alt-POC/VWAP): Locates the most-traded/weighted price area; a neutral band around POC helps avoid chop.
Control background: Above POC → buyers likely in control; below → sellers.
Momentum (RSI): Entry arrows print only when RSI confirms with trend and price location vs POC; optional “cross 50” requirement reduces noise.
Optional HTF trend: Confluence with a higher-timeframe EMA stack for stricter filtering.
Why it’s original/useful
Signals require confluence of (1) EMA trend stack, (2) POC location and neutral-zone filtering, (3) momentum confirmation, (4) optional slope and distance-to-POC checks, and (5) optional HTF trend. This reduces false positives compared with using any layer in isolation.
How to use
Markets/TFs: Built for XAUUSD (Gold) and US30. Works 1m–1h for intraday; 2h–4h for swing.
Entries:
Long: EMA stack bullish, price above POC, not in neutral band, RSI condition true → “Buy” arrow.
Short: Opposite conditions → “Sell” arrow.
Stops/Targets (suggested):
Initial stop beyond POC/neutral band or recent swing.
First target around 1R; trail with EMA20/50 or structure breaks.
Settings to tune:
POC Mode: Bar-POC (highest-volume bar’s close over lookback) or Alt-POC (VWAP).
Neutral Band %: 0.10–0.35 typical intraday.
Min distance from POC: 0.10–0.50% helps avoid low-RR entries right at POC.
RSI: Choose “cross 50” for stricter triggers or simple >/< 50 for more signals.
HTF trend: Turn on for extra confluence.
Alerts:
Buy Signal and Sell Signal (separate), or one Combined Buy/Sell alert.
Set to “Once per bar close” if you want only confirmed arrows.
Repainting / limitations
Shapes can move until bar close (standard Pine behavior) when using intrabar conditions; final confirmation at close. No system guarantees profitability—forward test and adapt to your market/instrument.
Clean chart
The published chart contains only this script so outputs are easy to identify.
Versions / updates
Use Publish → Update for minor changes; do not create new publications for small tweaks. If you fork to preserve older behavior, explain why and how your fork differs.
Changelog
v1.1 – Tuning for Gold/US30, neutral-band & distance filters, optional HTF trend, combined alert.
v1.0 – Initial public release (EMA stack + POC modes + RSI + alerts).
License & credits
Open-source for learning and improvement. Please credit on forks and explain modifications in your description.
EMA-POC Momentum System Ultra combines a proven trend stack (EMA 20/50/238), a price-of-control layer (POC via Bar-POC or VWAP alternative), and a momentum trigger (RSI) to surface higher-quality entries only when multiple, independent conditions align. This is not a cosmetic mashup; each component gates the others.
How components work together
Trend (EMA 20/50/238): Defines short/medium/long bias and filters counter-trend signals.
POC (Bar-POC or Alt-POC/VWAP): Locates the most-traded/weighted price area; a neutral band around POC helps avoid chop.
Control background: Above POC → buyers likely in control; below → sellers.
Momentum (RSI): Entry arrows print only when RSI confirms with trend and price location vs POC; optional “cross 50” requirement reduces noise.
Optional HTF trend: Confluence with a higher-timeframe EMA stack for stricter filtering.
Why it’s original/useful
Signals require confluence of (1) EMA trend stack, (2) POC location and neutral-zone filtering, (3) momentum confirmation, (4) optional slope and distance-to-POC checks, and (5) optional HTF trend. This reduces false positives compared with using any layer in isolation.
How to use
Markets/TFs: Built for XAUUSD (Gold) and US30. Works 1m–1h for intraday; 2h–4h for swing.
Entries:
Long: EMA stack bullish, price above POC, not in neutral band, RSI condition true → “Buy” arrow.
Short: Opposite conditions → “Sell” arrow.
Stops/Targets (suggested):
Initial stop beyond POC/neutral band or recent swing.
First target around 1R; trail with EMA20/50 or structure breaks.
Settings to tune:
POC Mode: Bar-POC (highest-volume bar’s close over lookback) or Alt-POC (VWAP).
Neutral Band %: 0.10–0.35 typical intraday.
Min distance from POC: 0.10–0.50% helps avoid low-RR entries right at POC.
RSI: Choose “cross 50” for stricter triggers or simple >/< 50 for more signals.
HTF trend: Turn on for extra confluence.
Alerts:
Buy Signal and Sell Signal (separate), or one Combined Buy/Sell alert.
Set to “Once per bar close” if you want only confirmed arrows.
Repainting / limitations
Shapes can move until bar close (standard Pine behavior) when using intrabar conditions; final confirmation at close. No system guarantees profitability—forward test and adapt to your market/instrument.
Clean chart
The published chart contains only this script so outputs are easy to identify.
Versions / updates
Use Publish → Update for minor changes; do not create new publications for small tweaks. If you fork to preserve older behavior, explain why and how your fork differs.
Changelog
v1.1 – Tuning for Gold/US30, neutral-band & distance filters, optional HTF trend, combined alert.
v1.0 – Initial public release (EMA stack + POC modes + RSI + alerts).
License & credits
Open-source for learning and improvement. Please credit on forks and explain modifications in your description.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
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.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
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.