PROTECTED SOURCE SCRIPT

Zabbo Confluence Indicator + Dashboard

186
Description
This script combines the power of multiple proven swing trend indicators into a single, unified confluence system. A trade signal is generated when the specified number of indicators align in the same bullish or bearish direction, helping traders identify high-probability long or short opportunities.

The script includes an on-chart dashboard that displays the current status of each individual indicator, along with the overall confluence score, allowing you to visually track trend alignment as market conditions evolve.

Included Indicators:
  • Xtreme Trend – View Script
  • MACD (12-26-9) – View Script
  • MACD (144-34-9) Histogram – View Script
  • WaveTrend Oscillator – View Script
  • QQE MT4 (Glaz-Modified by JustUncleL) – View Script


Signal Conditions:
A BUY signal is triggered when:
  • Xtreme Trend is Bullish
  • MACD (12-26-9) shows a bullish cross
  • MACD (144-34-9) histogram is increasing
  • WaveTrend Oscillator is bullish
  • QQE MT4 line crosses above its signal


A SELL signal is triggered when:
  • Xtreme Trend is Bearish
  • MACD (12-26-9) shows a bearish cross
  • MACD (144-34-9) histogram is decreasing
  • WaveTrend Oscillator is bearish
  • QQE MT4 line crosses below its signal


Users can enable or disable individual indicators in the settings and adjust the confluence threshold (from 1 to 5) to suit their trading style. They also have the ability to toggle off the Xtrend indicator, the 200 EMA, and the confluence dashboard.

Best Use
  • Performs best on higher timeframes such as 1H, 4H, and Daily.
  • Lower timeframes (<1H) and choppy, sideways markets may produce frequent signals with smaller spreads.
  • Increasing the confluence requirement reduces the number of signals, but increases the reliability of potential market tops and bottoms.


Key Features
  • Five popular trend/trading indicators in one script
  • Adjustable confluence threshold (1–5)
  • On-chart dashboard for quick signal confirmation
  • Customizable indicator inclusion/exclusion
  • Works across any market (forex, crypto, stocks, commodities)

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.