OPEN-SOURCE SCRIPT
MB 3ST+EMA+StochRSI Martin Buecker 16.01.2025

Short Description of the Indicator "MB 3ST+EMA+StochRSI Martin Buecker 16.01.2025"
This trend-following and momentum-based indicator combines Supertrend, EMA 200, and Stochastic RSI to generate buy and sell signals with improved accuracy.
1. Key Components
Supertrend (3 variations):
Uses three Supertrend indicators with different periods to confirm trend direction.
Buy signal when at least 2 Supertrends are bearish.
Sell signal when at least 2 Supertrends are bullish.
EMA 200 (Exponential Moving Average):
Buy signals only when the price is above EMA 200 (uptrend confirmation).
Sell signals only when the price is below EMA 200 (downtrend confirmation).
Multi-Timeframe Stochastic RSI:
Uses a higher timeframe Stoch RSI (default: 15 minutes) to filter signals.
Buy signal when %K crosses above %D (bullish momentum).
Sell signal when %K crosses below %D (bearish momentum).
2. Signal Generation
📈 Buy Signal Conditions:
✅ At least 2 of 3 Supertrends are bearish
✅ Price is above EMA 200
✅ Stoch RSI shows a bullish crossover (%K > %D)
📉 Sell Signal Conditions:
✅ At least 2 of 3 Supertrends are bullish
✅ Price is below EMA 200
✅ Stoch RSI shows a bearish crossover (%K < %D)
3. Visual Representation & Alerts
Supertrend Lines:
Green = Bullish, Red = Bearish
EMA 200: White Line
Buy/Sell Signals:
Green triangle (below bar) = Buy
Red triangle (above bar) = Sell
Alerts:
Notifies users when a buy or sell signal is triggered.
Background Coloring:
Green for Buy signals, Red for Sell signals
4. Purpose & Benefits
🔥 Combines trend (EMA 200, Supertrend) and momentum analysis (Stoch RSI) for better signal accuracy.
🔥 Works best in trending markets, filtering out false signals in sideways movements.
🔥 Suitable for scalping and day trading, providing clear and structured trade entries.
This trend-following and momentum-based indicator combines Supertrend, EMA 200, and Stochastic RSI to generate buy and sell signals with improved accuracy.
1. Key Components
Supertrend (3 variations):
Uses three Supertrend indicators with different periods to confirm trend direction.
Buy signal when at least 2 Supertrends are bearish.
Sell signal when at least 2 Supertrends are bullish.
EMA 200 (Exponential Moving Average):
Buy signals only when the price is above EMA 200 (uptrend confirmation).
Sell signals only when the price is below EMA 200 (downtrend confirmation).
Multi-Timeframe Stochastic RSI:
Uses a higher timeframe Stoch RSI (default: 15 minutes) to filter signals.
Buy signal when %K crosses above %D (bullish momentum).
Sell signal when %K crosses below %D (bearish momentum).
2. Signal Generation
📈 Buy Signal Conditions:
✅ At least 2 of 3 Supertrends are bearish
✅ Price is above EMA 200
✅ Stoch RSI shows a bullish crossover (%K > %D)
📉 Sell Signal Conditions:
✅ At least 2 of 3 Supertrends are bullish
✅ Price is below EMA 200
✅ Stoch RSI shows a bearish crossover (%K < %D)
3. Visual Representation & Alerts
Supertrend Lines:
Green = Bullish, Red = Bearish
EMA 200: White Line
Buy/Sell Signals:
Green triangle (below bar) = Buy
Red triangle (above bar) = Sell
Alerts:
Notifies users when a buy or sell signal is triggered.
Background Coloring:
Green for Buy signals, Red for Sell signals
4. Purpose & Benefits
🔥 Combines trend (EMA 200, Supertrend) and momentum analysis (Stoch RSI) for better signal accuracy.
🔥 Works best in trending markets, filtering out false signals in sideways movements.
🔥 Suitable for scalping and day trading, providing clear and structured trade entries.
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。