Super-AO with Risk Management Alerts Template - 11-29-25Super-AO with Risk Management: ALERTS & AUTOMATION Edition
Signal Lynx | Free Scripts supporting Automation for the Night-Shift Nation 🌙
1. Overview
This is the Indicator / Alerts companion to the Super-AO Strategy.
While the Strategy version is built for backtesting (verifying profitability and checking historical performance), this Indicator version is built for Live Execution.
We understand the frustration of finding a great strategy, only to realize you can't easily hook it up to your trading bot. This script solves that. It contains the exact same "Super-AO" logic and "Risk Management Engine" as the strategy version, but it is optimized to send signals to automation platforms like Signal Lynx, 3Commas, or any Webhook listener.
2. Quick Action Guide (TL;DR)
Purpose: Live Signal Generation & Automation.
Workflow:
Use the Strategy Version to find profitable settings.
Copy those settings into this Indicator Version.
Set a TradingView Alert using the "Any Alert() function call" condition.
Best Timeframe: 4 Hours (H4) and above.
Compatibility: Works with any webhook-based automation service.
3. Why Two Scripts?
Pine Script operates in two distinct modes:
Strategy Mode: Calculates equity, drawdowns, and simulates orders. Great for research, but sometimes complex to automate.
Indicator Mode: Plots visual data on the chart. This is the preferred method for setting up robust alerts because it is lighter weight and plots specific values that automation services can read easily.
The Golden Rule: Always backtest on the Strategy, but trade on the Indicator. This ensures that what you see in your history matches what you execute in real-time.
4. How to Automate This Script
This script uses a "Visual Spike" method to trigger alerts. Instead of drawing equity curves, it plots numerical values at the bottom of your chart when a trade event occurs.
The Signal Map:
Blue Spike (2 / -2): Entry Signal (Long / Short).
Yellow Spike (1 / -1): Risk Management Close (Stop Loss / Trend Reversal).
Green Spikes (1, 2, 3): Take Profit Levels 1, 2, and 3.
Setup Instructions:
Add this indicator to your chart.
Open your TradingView "Alerts" tab.
Create a new Alert.
Condition: Select SAO - RM Alerts Template.
Trigger: Select Any Alert() function call.
Message: Paste your JSON webhook message (provided by your bot service).
5. The Logic Under the Hood
Just like the Strategy version, this indicator utilizes:
SuperTrend + Awesome Oscillator: High-probability swing trading logic.
Non-Repainting Engine: Calculates signals based on confirmed candle closes to ensure the alert you get matches the chart reality.
Advanced Adaptive Trailing Stop (AATS): Internally calculates volatility to determine when to send a "Close" signal.
6. About Signal Lynx
Automation for the Night-Shift Nation 🌙
We are providing this code open source to help traders bridge the gap between manual backtesting and live automation. This code has been in action since 2022.
If you are looking to automate your strategies, please take a look at Signal Lynx in your search.
License: Mozilla Public License 2.0 (Open Source). If you make beneficial modifications, please release them back to the community!
Cerca negli script per "supertrend"
Income Engine - Daily Supertrend Covered Call SignalsWhat This Indicator Does
1. Identifies the safest time to sell a 1-week covered call
The script uses the Daily Supertrend as a primary trend filter.
When the trend turns bearish or weak, the indicator highlights a Sell Zone, signaling a statistically safer window to sell a covered call.
Covered calls perform best when price is:
Sideways
Weak
Trending down
Not likely to surge upward
The Sell Zone captures exactly this behavior.
Green line=Let the stock run.
Red line=safe to sell calls without assignment. Gererate income while stock falters.
[CASH] Crypto And Stocks Helper (MultiPack w. Alerts)ATTENTION! I'm not a good scripter. I have just learned a little basics for this project, stolen code from other public scripts and modified it, and gotten help from AI LLM's.
If you want recognition from stolen code please tell me to give you the credit you deserve.
The script is not completely finished yet and contains alot of errors but my friends and family wants access so I made it public.
_________________________________________________________________________________
CASH has multiple indicators (a true all-in-one multipack), guides and alerts to help you make better trades/investments. It has:
- Bitcoin Bull Market Support Band
- Dollar Volume
- 5 SMA and 5 EMA
- HODL Trend (a.k.a SuperTrend) indicator
- RSI, Volume and Divergence indicators w. alerts
More to come as well, like Backburner and a POC line from Volume Profile.
Everything is fully customizable, appearance and off/on etc.
More information and explainations along with my guides you can find in settings under "Input" and "Style".
Trend Rider EMA9/21 + SuperTrend (EN)Trend Rider EMA9/21 + SuperTrend (EN) helps you watch ema 9 and 21 together for a trend.
Positional Supertrend Strategy (1D Filter + 2H Entry)Positional Supertrend Strategy (1D Filter + 2H Entry)
EMA 9/15/45 + MACD Confirm + SupertrendThis indicator uses EMA 9, 15, 45 days along with combination of MACD and Supertrend
Awesome SuperTrend Zone Dynamic Alerts// created by © OmegaTools, upgrade to v6 and alert condition added
//@version=6
Awesome SuperTrend Zone Alerts with dynamic alerts
FVMA + SuperTrend + top and bottom Strategy Full CustomizationFVMA + SuperTrend + top and bottom Strategy Full Customization
FVMA + SuperTrend Strategythis code is using a combination of 2 indicators, whcih are FVMA and the SuperTrend .
VWAP Price ChannelVWAP Price Channel cuts the crust off of a traditional price channel (Donchian Channel) by anchoring VWAPs at the highs and lows. By doing this, the flat levels, characteristic of traditional Donchian Channels, are no more!
Author's Note: This indicator is formed with no inherent use, and serves solely as a thought experiment.
> Concept
I would be hesitant to call this a "predictive" indicator, however the behavior of it would suggest it could be considered at least partially predictive
Essentially, the Anchored VWAPs creates something from otherwise nothing.
While the DC upper or lower values are staying flat, the VWAPs improvise based on price and volume to project a level that may be a better representation of where future highs or lows may settle.
Visually, this looks like we have cut off the corners of the Donchian Channel.
Note: Notice how we are calculating values before the corners are realized.
> Implementation
While this is only a concept indicator, The specific application I've gone with for this, is a sort of supertrend-ish display (A Trend Flipping Trailing Stop Loss).
The script uses basic logic to create a trend direction, and then displays the Anchored VWAPs as a form of trailing stop loss.
While "In Trend", the script fills in the area between the VWAP and Price in the direction of trend.
When new highs or lows are made while in trend, the opposite VWAP will start to generate at the new highs or lows. These happen on every new high or low, so they are not indicating the trend shift, but could be interpreted as breakout levels for the current trend direction in order for continuation.
Note: All values are drawn live, but when using higher timeframes, there is a natural calculation discrepancy when using live data vs. historical.
> Technicals
In this script, I'm simply detecting new highs or lows from the DC and using those as the anchor frequency on the built-in VWAP function.
So each time a new high or low is made based on DC, the VWAP function re-anchors to the high or low of the candle.
Past that, I have implemented some logic in order to account for a common occurrence I faced during development.
Frequently, the price would outpace the anchored VWAP, so we would end up with the VWAP being further from price than the actual DC upper or lower.
Due to this, what I have ended up with was a third value which, rather than switching between raw VWAP values and DC values, it adjusts the value based on the change in the VWAP value.
This can be simply thought of as a "Start + Change" type of setup.
By doing this, I can use the change values from the actual anchored VWAP, and under normal conditions, this will also be the true VWAP value.
However, situationally, I am able to update the start value which we're applying the VWAP change to.
In other words, when these situations happen, the VWAP change is added to the new (closer to price) DC value.
The specific trend logic being used is nothing fancy at all, we are simply checking if a new high or low is created and setting the trend in that direction.
This is in line with some traditional DC Strategies.
To those who made it here,
Just remember:
The chart may be ugly, but it's the fastest analysis of the data you can get.
Nicer displays often come at the hidden cost of latency.
You have to shoot your shot to make it.
Choose 2: Fast, Clean, Useful
Enjoy!
EMAS + SuperTrend+ Key Levels SpacemanBTC IDWMEma 200 800 supertrend and key levels.
Thanks to spaceman for making the code available.
🔍 Confirmed Scalping Signals (Stoch+EMA+Supertrend)🔍 Confirmed Scalping Signals (Stoch+EMA+Supertrend)
SOXL Trend Surge v3.0.2 – Profit-Only RunnerSOXL Trend Surge v3.0.2 – Profit-Only Runner
This is a trend-following strategy built for leveraged ETFs like SOXL, designed to ride high-momentum waves with minimal interference. Unlike most short-term scalping scripts, this model allows trades to develop over multiple days to even several months, capitalizing on the full power of extended directional moves — all without using a stop-loss.
🔍 How It Works
Entry Logic:
Price is above the 200 EMA (long-term trend confirmation)
Supertrend is bullish (momentum confirmation)
ATR is rising (volatility expansion)
Volume is above its 20-bar average (liquidity filter)
Price is outside a small buffer zone from the 200 EMA (to avoid whipsaws)
Trades are restricted to market hours only (9 AM to 2 PM EST)
Cooldown of 15 bars after each exit to prevent overtrading
Exit Strategy:
Takes partial profit at +2× ATR if held for at least 2 bars
Rides the remaining position with a trailing stop at 1.5× ATR
No hard stop-loss — giving space for volatile pullbacks
⚙️ Strategy Settings
Initial Capital: $500
Risk per Trade: 100% of equity (fully allocated per entry)
Commission: 0.1%
Slippage: 1 tick
Recalculate after order is filled
Fill orders on bar close
Timeframe Optimized For: 45-minute chart
These parameters simulate an aggressive, high-volatility trading model meant for forward-testing compounding potential under realistic trading costs.
✅ What Makes This Unique
No stop-loss = fewer premature exits
Partial profit-taking helps lock in early wins
Trailing logic gives room to ride large multi-week moves
Uses strict filters (volume, ATR, EMA bias) to enter only during high-probability windows
Ideal for leveraged ETF swing or position traders looking to hold longer than the typical intraday or 2–3 day strategies
⚠️ Important Note
This is a high-risk, high-reward strategy meant for educational and testing purposes. Without a stop-loss, trades can experience deep drawdowns that may take weeks or even months to recover. Always test thoroughly and adjust position sizing to suit your risk tolerance. Past results do not guarantee future returns. Backtest range: May 8, 2020 – May 23, 2025
Multi-Indicator Swing [TIAMATCRYPTO]v6# Strategy Description:
## Multi-Indicator Swing
This strategy is designed for swing trading across various markets by combining multiple technical indicators to identify high-probability trading opportunities. The system focuses on trend strength confirmation and volume analysis to generate precise entry and exit signals.
### Core Components:
- **Supertrend Indicator**: Acts as the primary trend direction filter with optimized settings (Factor: 3.0, ATR Period: 10) to balance responsiveness and reliability.
- **ADX (Average Directional Index)**: Confirms the strength of the prevailing trend, filtering out sideways or choppy market conditions where the strategy avoids taking positions.
- **Liquidity Delta**: A volume-based indicator that analyzes buying and selling pressure imbalances to validate trend direction and potential reversals.
- **PSAR (Optional)**: Can be enabled to add additional confirmation for trend changes, turned off by default to reduce signal filtering.
### Key Features:
- **Flexible Direction Trading**: Choose between long-only, short-only, or bidirectional trading to adapt to market conditions or account restrictions.
- **Conservative Risk Management**: Implements fixed percentage-based stop losses (default 2%) and take profits (default 4%) for a positive risk-reward ratio.
- **Realistic Backtesting Parameters**: Includes commission (0.1%) and slippage (2 points) to reflect real-world trading conditions.
- **Visual Signals**: Clear buy/sell arrows with customizable sizes for easy identification on the chart.
- **Information Panel**: Dynamic display showing active indicators and current risk settings.
### Best Used On:
Daily timeframes for cryptocurrencies, forex, or stock indices. The strategy performs optimally on assets with clear trending behavior and sufficient volatility.
### Default Settings:
Optimized for conservative position sizing (5% of equity per trade) with an initial capital of $10,000. The backtesting period (2021-2023) provides a statistically significant sample of varied market conditions.
SuperThreeThe SuperThree is a comprehensive technical indicator designed to identify and visualize market trends and counter-trend momentum in trading. It uses a unique color-coding system to represent different market conditions and potential trading opportunities.
Uptrend (Green Fill) : This is indicated by a green fill. An uptrend is a period where prices are increasing overall, suggesting a strong market. It’s an ideal time for traders to consider entering long positions or exiting short positions.
Downtrend (Red Fill) : This is represented by a red fill. A downtrend is a period where prices are decreasing overall, indicating a bearish market. Traders might consider entering short positions or exiting long positions during this phase.
Sideways Trend (Blue Fill) : This is shown by a blue fill. A sideways trend, also known as a horizontal trend, is when the price is relatively stable and not making significant upward or downward movements. It’s often a period of consolidation before the price moves up or down.
Counter-Trend Momentum (Blue Arrows) : Blue arrows indicate counter-trend momentum, which can be a signal to exit trades or look for potential trend reversals. These are crucial points where the market’s momentum is shifting and may be about to move in the opposite direction.
The SuperThree indicator is an enhancement of the Supertrend indicator, providing additional features and visual cues to help traders make informed decisions. However, like all indicators, it should be used in conjunction with other forms of analysis to confirm signals and avoid potential false positives. Always consider your risk tolerance and investment goals before making trading decisions.
Happy trading! 😊
AminioLibraryLibrary "AminioLibrary"
: this is my personal library that is being used in different indicators and strategies
calculateMA(source, len, maType)
This fuction returns a moving average value based on the type
Parameters:
source (float) : Is the time series source to calculate average from
len (simple int) : The length of the moving average, this should be integer
maType (string) : The type of moving average, acceptable types are : SMA, HMA, EMA, RMA, WMA, VWMA
Returns: value of moving average
atr(source, len)
This fuction returns atr value for a given source
Parameters:
source (float) : Is the time series source to calculate atr from
len (simple int) : The length of the atr, this should be integer
Returns: value of atr from source
superTrend(source, factor, len)
This fuction returns value of super trend indicator and the trend direction as a tupple
Parameters:
source (float) : Is the time series source to calculate super trend from
factor (simple float) : The multiplication factor for upper and lower band calcualtion, this can be a float
len (simple int) : The length of the super trend, this should be integer
Returns: value of atr from source
halfTrend(am, chdev)
This fuction returns a hTrend type carrying different values for half trend indicator
Parameters:
am (int) : This is the amplitude used for calcucating the half trend, use integers
chdev (float) : This is the Channel Deviation value used for calculating upper and lower atr channel boundaries, you can use floats
Returns: hTrend data type
hTrend
Fields:
halfTrend (series__float)
trend (series__integer)
atrHigh (series__float)
atrLow (series__float)
arrowUp (series__float)
arrowDown (series__float)
RMI Trend Sync - Strategy [presentTrading]█ Introduction and How It Is Different
The "RMI Trend Sync - Strategy " combines the strength of the Relative Momentum Index (RMI) with the dynamic nature of the Supertrend indicator. This strategy diverges from traditional methodologies by incorporating a dual analytical framework, leveraging both momentum and trend indicators to offer a more holistic market perspective. The integration of the RMI provides an enhanced understanding of market momentum, while the Super Trend indicator offers clear insights into the end of market trends, making this strategy particularly effective in diverse market conditions.
BTC 4h long/short performance
█ Strategy: How It Works - Detailed Explanation
- Understanding the Relative Momentum Index (RMI)
The Relative Momentum Index (RMI) is an adaptation of the traditional Relative Strength Index (RSI), designed to measure the momentum of price movements over a specified period. While RSI focuses on the speed and change of price movements, RMI incorporates the direction and magnitude of those movements, offering a more nuanced view of market momentum.
- Principle of RMI
Calculation Method: RMI is calculated by first determining the average gain and average loss over a given period (Length). It differs from RSI in that it uses the price change (close-to-close) rather than absolute gains or losses. The average gain is divided by the average loss, and this ratio is then normalized to fit within a 0-100 scale.
- Momentum Analysis in the Strategy
Thresholds for Decision Making: The strategy uses predetermined thresholds (pmom for positive momentum and nmom for negative momentum) to trigger trading decisions. When RMI crosses above the positive threshold and other conditions align (e.g., a bullish trend), it signals a potential long entry. Similarly, crossing below the negative threshold in a bearish trend may trigger a short entry.
- Super Trend and Trend Analysis
The Super Trend indicator is calculated based on a higher time frame, providing a broader view of the market trend. This indicator uses the Average True Range (ATR) to adapt to market volatility, making it an effective tool for identifying trend reversals.
The strategy employs a Volume Weighted Moving Average (VWMA) alongside the Super Trend, enhancing its capability to identify significant trend shifts.
ETH 4hr long/short performance
█ Trade Direction
The strategy offers flexibility in selecting the trading direction: long, short, or both. This versatility allows traders to adapt to their market outlook and risk tolerance, whether looking to capitalize on bullish trends, bearish trends, or a combination of both.
█ Usage
To effectively use the "RMI Trend Sync" strategy, traders should first set their preferred trading direction and adjust the RMI and Super Trend parameters according to their risk appetite and trading goals.
The strategy is designed to adapt to various market conditions, making it suitable for different asset classes and time frames.
█ Default Settings
RMI Settings: Length: 21, Positive Momentum Threshold: 70, Negative Momentum Threshold: 30
Super Trend Settings: Length: 10, Higher Time Frame: 480 minutes, Super Trend Factor: 3.5, MA Source: WMA
Visual Settings: Display Range MA: True, Bullish Color: #00bcd4, Bearish Color: #ff5252
Additional Settings: Band Length: 30, RWMA Length: 20
Backtest Strategy Optimizer Adapter - Supertrend ExampleSample Code
This is a sample code for my Backtest Strategy Optimizer Adapter library.
You can find the library at:
Backtest Strategy Optimizer Tester
With this indicator, you will be able to run one or multiple backtests with different variables (combinations). For example, you can run dozens of backtests of Supertrend at once with an increment factor of 0.1, or whatever you prefer. This way, you can easily grab the most profitable settings and use them in your strategy. The chart above shows different color plots, each indicating a profit backtest equal to tradingview backtesting system. This code uses my backtest library, available in my profile.
Below the code you should edit yourself
You can use ChatGPT or write a python script to autogenerate code for you.
// #################################################################
// # ENTRIES AND EXITS
// #################################################################
// You can use the link and code in the description to create
// your code for the desired number of entries / exits.
// #################################################################
// AUTO GENERATED CODE
// ▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼▼
= ti.supertrend(10, 0.1)
= ti.supertrend(10, 0.2)
= ti.supertrend(10, 0.3)
= ti.supertrend(10, 0.4)
// 005 etc...
pnl_001 = backtest.profit(date_start, date_end, entry_001, exit_001)
pnl_002 = backtest.profit(date_start, date_end, entry_002, exit_002)
pnl_003 = backtest.profit(date_start, date_end, entry_003, exit_003)
pnl_004 = backtest.profit(date_start, date_end, entry_004, exit_004)
plot(pnl_001, title='0.1', color=backtest.color(001))
plot(pnl_002, title='0.2', color=backtest.color(002))
plot(pnl_003, title='0.3', color=backtest.color(003))
plot(pnl_004, title='0.4', color=backtest.color(004))
// Make sure you set the correct array size.
// The amount of tests + 1 (e.g. 4 tests you set it to 5)
var results_list = array.new_string(5)
if (ta.change(pnl_001))
array.set(results_list, 0, str.tostring(pnl_001) + '|0.1')
if (ta.change(pnl_002))
array.set(results_list, 1, str.tostring(pnl_002) + '|0.2')
if (ta.change(pnl_003))
array.set(results_list, 2, str.tostring(pnl_003) + '|0.3')
if (ta.change(pnl_004))
array.set(results_list, 3, str.tostring(pnl_004) + '|0.4')
// ▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲▲
// AUTO GENERATED CODE
// #################################################################
Harmonic Trend Fusion [kikfraben]📈 Harmonic Trend Fusion - Your Personal Trading Assistant
This versatile tool combines multiple indicators to provide a holistic view of market trends and potential signals.
🚀 Key Features:
Multi-Indicator Synergy: Benefit from the combined insights of Aroon, DMI, MACD, Parabolic SAR, RSI, Supertrend, and SMI Ergodic Oscillator, all in one powerful indicator.
Customizable Plot Options: Tailor your chart by choosing which signals to visualize. Whether you're interested in trendlines, histograms, or specific indicators, the choice is yours.
Color-Coded Trends: Quickly identify bullish and bearish trends with the color-coded visualizations. Stay ahead of market movements with clear and intuitive signals.
Table Display: Stay informed at a glance with the interactive table. It dynamically updates to reflect the current market sentiment, providing you with key information and trend direction.
Precision Control: Fine-tune your analysis with precision control over indicator parameters. Adjust lengths, colors, and other settings to align with your unique trading strategy.
🛠️ How to Use:
Customize Your View: Select which indicators to display and adjust plot options to suit your preferences.
Table Insights: Monitor the dynamic table for real-time updates on market sentiment and trend direction.
Indicator Parameters: Experiment with different lengths and settings to find the combination that aligns with your trading style.
Whether you're a seasoned trader or just starting, Harmonic Trend Fusion equips you with the tools you need to navigate the markets confidently. Take control of your trading journey and enhance your decision-making process with this comprehensive trading assistant.
Hull Kaufman SuperTrend Cloud (HKST Cloud)TLDR: This is a long only trend following system that uses highest and lowest values of three trend following indicators to form a "cloud". Enter when the candle high crosses above the highest band. Close if the low or close crosses below the lowest band.
3 indicators
1. Kaufman Adaptive moving Average - set at 20
2. Hull Moving Average (of the Kaufman Adaptive moving average) - set at 20
3. SuperTrend - I believe this is set at 5 periods and 3*atr but this can be changed
Cloud
the upper band is the highest of the 3 indicators
the lower band is the lowest of the 3 indicators
Entry and Exit:
Enter when the high crosses above the upper band of the cloud.
(This means you will only get a long signal if the high was previously below the upper band of the cloud and then crosses over.)
Exit when the low crosses below the lower band of the cloud .
(This means that this rule will only close if the low was previously above the upper band and then crosses under)
The "Exit" may not trigger if the low (the wick) never gets above the band. In this case the long order will close if the closing price is below the cloud.
Logic
Kaufamn is the best moving average i have found at responding to changes in volatility. This means it moves up or down quickly during expansive moves but becoming very flat during relative choppiness. However, getting flat causes the the Kaufman AMA to trigger a lot of false signals when volatility is transitioning from high to low. This is why the Hull moving average (with its rounded turns) keeps a lot of the false continuations contained because usually prices need to decisively move higher in order to over come the Hull moving average which continues to increase/decrease during the candles after an expansive move.
The super trend places a stagnant floor and ceiling which acts as a great stoploss or trigger as price action attempts to trend in a certain direction. The super trend allows for the user to adjust the likely hood of this cloud indicator changing from bullish to bearish based on the volatility of the asset that is being analyzed.
individually all of these are great. Together the trader can use this cloud to create a trend following or anlysis system that captures the bulk of moves.
Not my best explanation but this indicator is actually pretty simple.
Hope this helps. Happy Trades
-Snarky Puppy
Triple SuperTrendBased on supertrend by kivancozbilgic this indicator shows 3 lines and consider a valid buy/sell signal the moment when all 3 lines are congruent
Trend SuggestionsThis brings together a number of variables to produce trend predictions that could be utilized as decision-making tools.
Uses the aforementioned price and volume derivatives
- A moving average and three weighted moving averages (WMA1, WMA2, WMA3)
- Super Trend Line (ST)
- Opening Range Breakout on Five Minutes, Resistance Bands Pocket pivots, support, and price volume
he Direction is determined by the High and Low Bands of WMAs and the Supertrend Line, which are used to determine the Upper and Lower Lines around the Price. When the price passes below the lower boundary of the band, a downtrend is said to have begun.
Similarly, for an uptrend, this continues until the price passes over the upper edge of the band. Teal for an uptrend and fuchsia for a downturn area shared by the band to identify the trend.
The first five minutes of the breakout lines have a tiny buffer augmentation of 11% applied to them.
Based on what has been observed, support and resistance zones have been somewhat changed from the figures that are often utilized (might work other markets as well)
The markings that may be seen are as follows:
- Blue Triangle indicates a pocket pivot with an upward bias;
- Maroon Triangle indicates a pocket pivot with a downward bias;
- Teal colored Diamonds indicate price upthrusts and potential trend confirmation locations, depending on success or failure.
- Similar backdrop color changes that look as vertical shading are also used to identify them.
- Fuchsia-colored diamonds indicate price declines and a potential trend, depending on whether it persists or fails.
- Dark green and maroon square boxes indicate potential price reversals in the support and resistance bands, respectively.
It goes without saying that this work is derived from numerous other open-source community initiatives.
Feel free to adjust anything you'd like, and we appreciate any feedback.
MACD x SuperTrend with trailing stoplossThis trading strategy is based on MACD crossover and crossunder. It uses the supertrend to identify the trend it is trading on and takes trades accordingly. You can use the built in risk to reward ratio parameter through the settings of the indicator for your desired R/R
My goal in creating this indicator was to learn about risk management. This indicator will put up a stop-loss and take profit target according to the entry point it shows.
This indicator showed me the best results on BTC at 5min price chart. I'm new to trading so, do your own due diligence






















