Smart Trade Pro Advanced(Trade Snipers)

How the Script Works

1. EMA Crossover Strategy: The script uses two Exponential Moving Averages (Fast EMA & Slow EMA). A buy signal is generated when the fast EMA crosses above the slow EMA, and a sell signal when it crosses below.

2. RSI Filter: To avoid false signals, RSI is used as a filter. Buy signals only appear when RSI is not overbought, and sell signals appear only when RSI is not oversold.

3. Clear Entry Signals: When a valid crossover with RSI confirmation happens, a “Long” or “Short” label appears directly on the chart.

4. Dynamic Stop Loss and Target: Once a signal appears, the script automatically calculates a stop loss and target based on the current market price and your custom percentage input.

5. Support for Strategy Planning: Traders can visually see potential risk (SL) and reward (Target) levels before entering any trade.

6. Non-Repainting Logic: The signals are generated only after the candle closes, ensuring reliability and preventing mid-bar repainting.

7. Visual Aids for Decision Making: Labels and colored lines are plotted to indicate entry, stop loss, and target for better visualization.

8. Built-in Alerts: Alerts can be set up to notify you of buy or sell opportunities in real time, even if you're not actively watching the chart.

How Users Can Make Profit Using This Script

1. Trend-Following Entries: By entering trades only when a strong trend is detected through EMA crossover, users can ride bigger moves.

2. Minimized Risk: The script includes automatic stop loss levels, helping traders limit their losses per trade.

3. Defined Profit Target: With a preset target system, users can book profits consistently without second-guessing.

4. Avoiding Bad Trades: The RSI filter avoids entries during overbought or oversold conditions, improving overall win rate.

5. Improved Timing: With alerts and clear signals, users can time entries more accurately, which can lead to better trade execution and profitability.