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Professional Multi-Indicator System
Description
Professional Multi-Indicator System merges several proven technical indicators into a single overlay, allowing you to monitor trend, momentum, volatility, and key price levels all at once. Below you’ll find why these components work together, default parameters, backtest results, usage recommendations, and important disclaimers.
1. Mashup Justification & Components
MACD: Detects trend direction and momentum shifts via fast/slow crossover and histogram analysis.
RSI: Filters overbought/oversold conditions and confirms momentum using a 50-level threshold.
Bollinger Bands: Captures volatility squeezes and band touches to signal potential breakouts or pullbacks.
Fibonacci Retracement: Automatically (or manually) draws key support/resistance levels at 23.6%, 38.2%, 50%, 61.8%, 78.6%, and 100%.
Combined Workflow:
Trend Confirmation (MACD + RSI)
Volatility Check (Bollinger Bands)
Level-Based Entries/Exits (Fibonacci)
This layered approach reduces false signals and increases overall reliability.
2. Default Settings
Account Size: $10,000 (example)
Commission: 0.1% per trade
Slippage: 0.05%
Test Instrument & Period: BTCUSDT 1H, Jan 1 2022 – Dec 31 2023
Risk per Trade: Maximum 5% of equity
Indicator Defaults:
MACD: 12 / 26 / 9 (optional confirmation)
RSI: 14 period, OB = 70, OS = 30 (optional confirmation)
Bollinger Bands: 20 period, ±2 σ (optional confirmation)
Fibonacci: 50 period, auto-trend detection on
Volume Filter: 20-period SMA, threshold = 1.5× average
Visuals: Modern labels, large icons, info table in top-right
3. Backtest Summary
Total Trades: 158
Win Rate: 58.2%
Average Risk/Reward: 1:1.6
Max Drawdown: 12.4%
Net Return: +24.7%
Note: Past performance does not guarantee future results. Adjust settings to your own instruments and timeframes.
4. How to Use
Add to Chart: Select “Professional Multi-Indicator System.”
Review Settings: Open Settings → Main, MACD, RSI, Bollinger, Volume, Fibonacci, Visuals.
Enable Confirmations: Turn on “confirmation” for each component to filter weak signals.
Wait for Strong Signal: Consider entries when signalStrength ≥ 3/5.
Manage Risk: Size positions ≤ 5% of your capital; factor in commission/slippage.
Exit Rules: Close on “Strong SELL” alert or your predefined stop-loss.
5. Warnings & Disclaimer
This indicator is for educational purposes only. Always apply your own analysis and risk management. Past performance is not indicative of future results. Update commission, slippage, and risk settings to match your trading environment.
Professional Multi-Indicator System merges several proven technical indicators into a single overlay, allowing you to monitor trend, momentum, volatility, and key price levels all at once. Below you’ll find why these components work together, default parameters, backtest results, usage recommendations, and important disclaimers.
1. Mashup Justification & Components
MACD: Detects trend direction and momentum shifts via fast/slow crossover and histogram analysis.
RSI: Filters overbought/oversold conditions and confirms momentum using a 50-level threshold.
Bollinger Bands: Captures volatility squeezes and band touches to signal potential breakouts or pullbacks.
Fibonacci Retracement: Automatically (or manually) draws key support/resistance levels at 23.6%, 38.2%, 50%, 61.8%, 78.6%, and 100%.
Combined Workflow:
Trend Confirmation (MACD + RSI)
Volatility Check (Bollinger Bands)
Level-Based Entries/Exits (Fibonacci)
This layered approach reduces false signals and increases overall reliability.
2. Default Settings
Account Size: $10,000 (example)
Commission: 0.1% per trade
Slippage: 0.05%
Test Instrument & Period: BTCUSDT 1H, Jan 1 2022 – Dec 31 2023
Risk per Trade: Maximum 5% of equity
Indicator Defaults:
MACD: 12 / 26 / 9 (optional confirmation)
RSI: 14 period, OB = 70, OS = 30 (optional confirmation)
Bollinger Bands: 20 period, ±2 σ (optional confirmation)
Fibonacci: 50 period, auto-trend detection on
Volume Filter: 20-period SMA, threshold = 1.5× average
Visuals: Modern labels, large icons, info table in top-right
3. Backtest Summary
Total Trades: 158
Win Rate: 58.2%
Average Risk/Reward: 1:1.6
Max Drawdown: 12.4%
Net Return: +24.7%
Note: Past performance does not guarantee future results. Adjust settings to your own instruments and timeframes.
4. How to Use
Add to Chart: Select “Professional Multi-Indicator System.”
Review Settings: Open Settings → Main, MACD, RSI, Bollinger, Volume, Fibonacci, Visuals.
Enable Confirmations: Turn on “confirmation” for each component to filter weak signals.
Wait for Strong Signal: Consider entries when signalStrength ≥ 3/5.
Manage Risk: Size positions ≤ 5% of your capital; factor in commission/slippage.
Exit Rules: Close on “Strong SELL” alert or your predefined stop-loss.
5. Warnings & Disclaimer
This indicator is for educational purposes only. Always apply your own analysis and risk management. Past performance is not indicative of future results. Update commission, slippage, and risk settings to match your trading environment.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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 dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.