OPEN-SOURCE SCRIPT
Multi-Indicator Trend-Following Strategy v7

This strategy is a trend-following system that combines multiple technical indicators into a single, optimized indicator to help identify high-probability Buy and Sell opportunities while maintaining a clean and uncluttered chart.
✅ How It Works:
This script utilizes a combination of Exponential Moving Averages (EMAs), Relative Strength Index (RSI), Volume, MACD, and Average True Range (ATR) to determine trade entries and exits.
🟢 Buy Conditions:
Trend Crossover Entry:
A Buy signal is generated when the Fast EMA crosses above the Slow EMA, indicating a potential bullish trend.
Oversold Reversal Entry:
Alternatively, a Buy is triggered when:
The Slow EMA is significantly below the Fast EMA (oversold market behavior),
The current price is well below the Fast EMA,
A volume spike occurs, suggesting a possible reversal.
🔴 Sell Conditions:
Trend Crossover Exit:
A Sell signal is generated when the Fast EMA crosses below the Slow EMA, indicating a bearish shift.
Overbought Reversal Exit:
A Sell is triggered when:
The Slow EMA is above the Fast EMA by a wide margin,
The price is well above the Fast EMA,
A volume spike suggests downward reversal pressure.
📏 Risk Management:
Uses ATR-based stop-loss and take-profit levels to dynamically manage risk per trade.
Includes adjustable input options for ATR multipliers, moving average lengths, volume filters, and more.
🧩 Why Use This Strategy?
Rather than juggling multiple indicators manually, this script combines and simplifies them into a single, convenient strategy. It’s ideal for traders who want:
Clean visual signals,
Robust entry/exit logic backed by volume and trend behavior,
A modular and customizable setup for testing and optimization.
⚠️ Disclaimer: This script is for educational and informational purposes only. It does not constitute financial advice. Always backtest strategies thoroughly and use proper risk management when trading live.
✅ How It Works:
This script utilizes a combination of Exponential Moving Averages (EMAs), Relative Strength Index (RSI), Volume, MACD, and Average True Range (ATR) to determine trade entries and exits.
🟢 Buy Conditions:
Trend Crossover Entry:
A Buy signal is generated when the Fast EMA crosses above the Slow EMA, indicating a potential bullish trend.
Oversold Reversal Entry:
Alternatively, a Buy is triggered when:
The Slow EMA is significantly below the Fast EMA (oversold market behavior),
The current price is well below the Fast EMA,
A volume spike occurs, suggesting a possible reversal.
🔴 Sell Conditions:
Trend Crossover Exit:
A Sell signal is generated when the Fast EMA crosses below the Slow EMA, indicating a bearish shift.
Overbought Reversal Exit:
A Sell is triggered when:
The Slow EMA is above the Fast EMA by a wide margin,
The price is well above the Fast EMA,
A volume spike suggests downward reversal pressure.
📏 Risk Management:
Uses ATR-based stop-loss and take-profit levels to dynamically manage risk per trade.
Includes adjustable input options for ATR multipliers, moving average lengths, volume filters, and more.
🧩 Why Use This Strategy?
Rather than juggling multiple indicators manually, this script combines and simplifies them into a single, convenient strategy. It’s ideal for traders who want:
Clean visual signals,
Robust entry/exit logic backed by volume and trend behavior,
A modular and customizable setup for testing and optimization.
⚠️ Disclaimer: This script is for educational and informational purposes only. It does not constitute financial advice. Always backtest strategies thoroughly and use proper risk management when trading live.
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。