OPEN-SOURCE SCRIPT
Multi-Indicator Strategy with Entry & Exit

Your **Multi-Indicator Strategy** is designed to identify **optimal entry and exit points** using multiple technical indicators. Here’s a breakdown of how it works:
### **Strategy Components**
1. **Trend Identification**
- Uses **Exponential Moving Averages (EMA 5 & EMA 20)** to detect bullish or bearish trends.
- A **bullish crossover** (EMA 5 crossing above EMA 20) signals a buying opportunity.
- A **bearish crossunder** (EMA 5 crossing below EMA 20) indicates a selling opportunity.
2. **Momentum & Strength Confirmation**
- **Relative Strength Index (RSI)** ensures price is above **50** for buy signals and below **50** for sell signals.
- **MACD (Moving Average Convergence Divergence)** confirms momentum direction when MACD crosses above the signal line for buys and below for sells.
3. **Volatility & Price Range Analysis**
- **Bollinger Bands** help identify support and resistance zones. Buy when price is near the **lower band**, and sell when price is near the **upper band**.
- **Supertrend Indicator** confirms the general trend direction (**1 for bullish, -1 for bearish**).
4. **Fair Value & Market Sentiment**
- **VWAP (Volume Weighted Average Price)** tracks institutional activity to ensure entries align with market strength.
### **Entry & Exit Rules**
- **Buy Condition:**
✔ EMA 5 crosses above EMA 20
✔ RSI > 50
✔ MACD is bullish
✔ Price near **Bollinger Lower Band**
✔ Supertrend confirms uptrend
- **Sell Condition:**
✔ EMA 5 crosses below EMA 20
✔ RSI < 50
✔ MACD is bearish
✔ Price near **Bollinger Upper Band**
✔ Supertrend confirms downtrend
### **Risk Management**
- **Stop Loss** at **0.5%** below entry price to limit risk.
- **Take Profit** at **1%** above entry price for controlled gains.
This strategy aims for **high probability trades** by combining **trend, momentum, volatility, and institutional activity** into one framework.
Would you like help refining the settings for a specific asset or timeframe? 🚀
### **Strategy Components**
1. **Trend Identification**
- Uses **Exponential Moving Averages (EMA 5 & EMA 20)** to detect bullish or bearish trends.
- A **bullish crossover** (EMA 5 crossing above EMA 20) signals a buying opportunity.
- A **bearish crossunder** (EMA 5 crossing below EMA 20) indicates a selling opportunity.
2. **Momentum & Strength Confirmation**
- **Relative Strength Index (RSI)** ensures price is above **50** for buy signals and below **50** for sell signals.
- **MACD (Moving Average Convergence Divergence)** confirms momentum direction when MACD crosses above the signal line for buys and below for sells.
3. **Volatility & Price Range Analysis**
- **Bollinger Bands** help identify support and resistance zones. Buy when price is near the **lower band**, and sell when price is near the **upper band**.
- **Supertrend Indicator** confirms the general trend direction (**1 for bullish, -1 for bearish**).
4. **Fair Value & Market Sentiment**
- **VWAP (Volume Weighted Average Price)** tracks institutional activity to ensure entries align with market strength.
### **Entry & Exit Rules**
- **Buy Condition:**
✔ EMA 5 crosses above EMA 20
✔ RSI > 50
✔ MACD is bullish
✔ Price near **Bollinger Lower Band**
✔ Supertrend confirms uptrend
- **Sell Condition:**
✔ EMA 5 crosses below EMA 20
✔ RSI < 50
✔ MACD is bearish
✔ Price near **Bollinger Upper Band**
✔ Supertrend confirms downtrend
### **Risk Management**
- **Stop Loss** at **0.5%** below entry price to limit risk.
- **Take Profit** at **1%** above entry price for controlled gains.
This strategy aims for **high probability trades** by combining **trend, momentum, volatility, and institutional activity** into one framework.
Would you like help refining the settings for a specific asset or timeframe? 🚀
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.