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Multi-Timeframe MACD/RSI Pro Strategy

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Key Features: Pine Script v5 Structure:
Multi-Timeframe Analysis: for higher timeframe data
MACD, RSI, and ATR calculated on higher timeframe
EMA50 on current timeframe
Risk Management:
1:2.5 risk-reward ratio enforced
Stop loss based on 1.5x ATR
Position sizing (10% of equity per trade)
Profit Tracking:
Real-time performance metrics
Win rate calculation
ROI percentage display
Alert for 17% profit target
Visualization:
EMA50 plot on chart
Entry markers (triangles)
Performance table in top-right corner
Usage Instructions:

Apply to any TradingView chart
Default settings:
Higher timeframe: 4H
Risk/Reward: 1:2.5
Position size: 10% of equity
Commission: 0.1%
Monitor performance table for:
Total trades
Win rate percentage
Net profit
ROI percentage
To Verify 17% Profit Target:

Run backtest over significant historical data
Check ROI percentage in performance table
The alert will trigger automatically when 17% profit is reached
Note: For accurate backtesting:

Use at least 2 years of historical data
Test across multiple instruments
Adjust timeframe settings to match your trading style
Optimize ATR multiplier and risk/reward ratio for specific markets

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