OPEN-SOURCE SCRIPT
GMMA ABC Signal
Goal (one-liner)
Detect trend-aligned entries using an 18-EMA GMMA stack, then filter out chop with momentum (ATR), trend strength (ADX/RSI), and a tight-range (“box”) mute. Auto-draw SL/TP and fire alerts.
1) Core inputs & idea
Three entry archetypes
Type A (Structure break in a tight bundle): GMMA is narrow → price breaks prior swing with correct bull/bear sequence.
Type B (Trend continuation): Price crosses many EMAs with body and short>mid (bull) or short<mid (bear); strengthened by spread, ADX/RSI.
Type C (Momentum burst): Many crosses happen with large candle body (own ATR gate).
Execution guardrails
confirmClose: confirm on bar close.
cooldownBars: throttle back-to-back signals.
Global box filter: mute signals inside a tight range.
2) The 18-EMA GMMA backbone
Short: 3,5,8,10,12,15; Mid: 30,35,40,45,50,60; Long: 100,125,150,175,200,250.
Compute min/max/averages of each band to measure:
Spread = (max EMA − min EMA) / close → how “bundled” or “fanned-out” the GMMA is.
Sequence:
Bull (loose): minLong < minMid < minShort (shorts sit above mids above longs)
Bear (loose): maxShort < maxMid < maxLong
Strict (optional): no overlaps (clean stacking).
3) Candle power & patterns
Body power: body ≥ ATR(14) * atrMult (global switch).
Optional fast-pass patterns (OR with body): Pin bar, Engulfing, Marubozu (bull/bear versions).
→ If any passes, the candle is considered “valid” even if body is smaller (when enabled).
4) Cross counts (the “how many EMAs did we clear?” part)
For each EMA, count if price closed above after touching from below (crossUp) or closed below after touching from above (crossDown).
Also count body-colored crosses (crossBodyUp/Down) to emphasize directional conviction.
5) Type-specific logic (with anti-chop filters)
Type A — tight bundle + structure break + sequence
Long: spreadPct < spreadThresh AND bull sequence AND brokeUp AND candle pass.
Short: symmetric with bear sequence and brokeDn.
Type B — continuation, reinforced
Base rules:
Long: green body, crossBodyUp ≥ bodyThresh, shortAvg > midAvg, close > longAvg, candle pass.
Short: red body, crossBodyDown ≥ bodyThresh, shortAvg < midAvg, close < longAvg, candle pass.
Anti-chop add-ons:
Require GMMA spread ≥ minSpreadB (trend sufficiently expanded).
ADX/RSI gate (configurable AND/OR and individual enable flags):
ADX ≥ adxMin_B
RSI ≥ rsiMinLong_B (long) or RSI ≤ rsiMaxShort_B (short)
Type C — momentum pop
Needs many crosses (crossUp / crossDown ≥ crossThresh) and a strong candle.
Has its own ATR body threshold: body ≥ ATR * atrMultC (separate from global).
6) Global “Box” (tight-range) mute
Look back boxLookback bars; if (highest−lowest)/close ≤ boxMaxPct, then mute all signals.
Prevents trading inside cramped ranges.
7) Signal priority + confirmation + cooldown
Compute raw A/B/C booleans.
Pick first valid in order A → B → C per side (long/short).
Apply:
Bar confirmation (confirmClose)
Cooldown (no new signal within cooldownBars after last)
Global box mute
Record bar index to enforce cooldown.
8) SL/TP logic (simple R-based scaffolding)
SL: previous swing extreme within structLookback (long uses prevLow, short uses prevHigh).
Risk R: distance from entry close to SL (min-tick protected).
TPs: TP1/TP2/TP3 = close ± R × (tp1R, tp2R, tp3R) depending on side.
On a new signal, draw lines for SL/TP1/TP2/TP3; keep them for keepBars then auto-delete.
9) Visuals & alerts
Plot labels for raw Type A/B/C (so you can see which bucket fired).
Entry label on the chosen signal with SL/TP prices.
Alerts: "ABC LONG/SHORT Entry" with ticker & timeframe placeholders.
10) Info panel (top-right)
Shows spread%, box%, ADX, RSI on the last/confirmed bar for quick situational awareness.
11) How to tune (quick heuristics)
Too many signals? Increase minSpreadB, adxMin_B, bodyThresh, or enable confirmClose and a small cooldownBars.
Missing breakouts? Lower atrMultC (Type C) or crossThresh; relax minSpreadB.
Choppy pairs/timeframes? Raise boxMaxPct sensitivity (smaller value mutes more), or raise atrMult (global) to demand fatter candles.
Cleaner trends only? Turn on strictSeq for Type A; raise minSpreadB and adxMin_B.
12) Mental model (TL;DR)
A = “Tight coil + fresh structure break”
B = “Established trend, strong continuation” (spread + ADX/RSI keep you out of chop)
C = “Momentum burst through many EMAs” (independent ATR gate)
Then add box mute, close confirmation, cooldown, and auto SL/TP scaffolding.
Detect trend-aligned entries using an 18-EMA GMMA stack, then filter out chop with momentum (ATR), trend strength (ADX/RSI), and a tight-range (“box”) mute. Auto-draw SL/TP and fire alerts.
1) Core inputs & idea
Three entry archetypes
Type A (Structure break in a tight bundle): GMMA is narrow → price breaks prior swing with correct bull/bear sequence.
Type B (Trend continuation): Price crosses many EMAs with body and short>mid (bull) or short<mid (bear); strengthened by spread, ADX/RSI.
Type C (Momentum burst): Many crosses happen with large candle body (own ATR gate).
Execution guardrails
confirmClose: confirm on bar close.
cooldownBars: throttle back-to-back signals.
Global box filter: mute signals inside a tight range.
2) The 18-EMA GMMA backbone
Short: 3,5,8,10,12,15; Mid: 30,35,40,45,50,60; Long: 100,125,150,175,200,250.
Compute min/max/averages of each band to measure:
Spread = (max EMA − min EMA) / close → how “bundled” or “fanned-out” the GMMA is.
Sequence:
Bull (loose): minLong < minMid < minShort (shorts sit above mids above longs)
Bear (loose): maxShort < maxMid < maxLong
Strict (optional): no overlaps (clean stacking).
3) Candle power & patterns
Body power: body ≥ ATR(14) * atrMult (global switch).
Optional fast-pass patterns (OR with body): Pin bar, Engulfing, Marubozu (bull/bear versions).
→ If any passes, the candle is considered “valid” even if body is smaller (when enabled).
4) Cross counts (the “how many EMAs did we clear?” part)
For each EMA, count if price closed above after touching from below (crossUp) or closed below after touching from above (crossDown).
Also count body-colored crosses (crossBodyUp/Down) to emphasize directional conviction.
5) Type-specific logic (with anti-chop filters)
Type A — tight bundle + structure break + sequence
Long: spreadPct < spreadThresh AND bull sequence AND brokeUp AND candle pass.
Short: symmetric with bear sequence and brokeDn.
Type B — continuation, reinforced
Base rules:
Long: green body, crossBodyUp ≥ bodyThresh, shortAvg > midAvg, close > longAvg, candle pass.
Short: red body, crossBodyDown ≥ bodyThresh, shortAvg < midAvg, close < longAvg, candle pass.
Anti-chop add-ons:
Require GMMA spread ≥ minSpreadB (trend sufficiently expanded).
ADX/RSI gate (configurable AND/OR and individual enable flags):
ADX ≥ adxMin_B
RSI ≥ rsiMinLong_B (long) or RSI ≤ rsiMaxShort_B (short)
Type C — momentum pop
Needs many crosses (crossUp / crossDown ≥ crossThresh) and a strong candle.
Has its own ATR body threshold: body ≥ ATR * atrMultC (separate from global).
6) Global “Box” (tight-range) mute
Look back boxLookback bars; if (highest−lowest)/close ≤ boxMaxPct, then mute all signals.
Prevents trading inside cramped ranges.
7) Signal priority + confirmation + cooldown
Compute raw A/B/C booleans.
Pick first valid in order A → B → C per side (long/short).
Apply:
Bar confirmation (confirmClose)
Cooldown (no new signal within cooldownBars after last)
Global box mute
Record bar index to enforce cooldown.
8) SL/TP logic (simple R-based scaffolding)
SL: previous swing extreme within structLookback (long uses prevLow, short uses prevHigh).
Risk R: distance from entry close to SL (min-tick protected).
TPs: TP1/TP2/TP3 = close ± R × (tp1R, tp2R, tp3R) depending on side.
On a new signal, draw lines for SL/TP1/TP2/TP3; keep them for keepBars then auto-delete.
9) Visuals & alerts
Plot labels for raw Type A/B/C (so you can see which bucket fired).
Entry label on the chosen signal with SL/TP prices.
Alerts: "ABC LONG/SHORT Entry" with ticker & timeframe placeholders.
10) Info panel (top-right)
Shows spread%, box%, ADX, RSI on the last/confirmed bar for quick situational awareness.
11) How to tune (quick heuristics)
Too many signals? Increase minSpreadB, adxMin_B, bodyThresh, or enable confirmClose and a small cooldownBars.
Missing breakouts? Lower atrMultC (Type C) or crossThresh; relax minSpreadB.
Choppy pairs/timeframes? Raise boxMaxPct sensitivity (smaller value mutes more), or raise atrMult (global) to demand fatter candles.
Cleaner trends only? Turn on strictSeq for Type A; raise minSpreadB and adxMin_B.
12) Mental model (TL;DR)
A = “Tight coil + fresh structure break”
B = “Established trend, strong continuation” (spread + ADX/RSI keep you out of chop)
C = “Momentum burst through many EMAs” (independent ATR gate)
Then add box mute, close confirmation, cooldown, and auto SL/TP scaffolding.
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.