INVITE-ONLY SCRIPT

Master BUY/SELL & TP

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How the Script Works

1. Trend Detection: Uses a smoothed trend filter to identify uptrends (upCount > 0) and downtrends (downCount > 0) based on price movement.

2. Non-Lagging Signals: Buy/sell signals are generated at bar close using barstate.isconfirmed to prevent repainting.

3. Auto Trend Detection: When enabled, signals are based on trend changes; when disabled, signals use price crossing the filter.

4. No Signals in Sideways Market: Optionally suppresses signals in neutral markets (upCount == 0 and downCount == 0) to avoid false trades.

5. Buy Signal Logic: Triggers a "Smart Buy" when the trend turns bullish and the previous state was bearish, ensuring trend reversal confirmation.

6. Sell Signal Logic: Triggers a "Smart Sell" when the trend turns bearish and the previous state was bullish, confirming reversals.

7. Take-Profit System: Automatically calculates take-profit levels based on user-defined pips, marking "Book Profit" when reached.

8. Double-Line Visualization: Plots upper and lower trend lines with a colored fill to visually represent the trend direction.

9. Customizable Parameters: Allows users to adjust sampling period, range multiplier, and take-profit pips for flexibility across markets.

10. Alerts: Provides real-time alerts for buy, sell, and take-profit signals, with customizable messages for trading platforms.


How Users Can Make a Profit Using This Script


1. Follow Trend-Based Signals: Enter long positions on "Smart Buy" signals during uptrends and short positions on "Smart Sell" signals during downtrends to capitalize on momentum.

2. Avoid Choppy Markets: Enable "No Signal in Sideways Market" to reduce false signals in range-bound conditions, improving trade accuracy.

3. Utilize Take-Profit: Set a realistic take-profit level (e.g., 100 pips) to lock in profits automatically when price targets are hit.

4. Combine with Confirmation: Use the indicator alongside other tools (e.g., support/resistance) to confirm signals, enhancing trade reliability.

5. Leverage Alerts: Set up alerts to stay informed of buy, sell, and take-profit signals, enabling timely trade execution even when not monitoring charts.

6. Adjust Parameters: Fine-tune the sampling period and multiplier to match the asset’s volatility, optimizing signal timing for forex, stocks, or crypto.

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.