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### Crypto Master Indicator (CMI) - Summary for TradingView Users
**Purpose**: The Crypto Master Indicator (CMI) is a versatile Pine Script (v5) tool for traders, combining Moving Averages, RSI, MACD, Bollinger Bands, Volume, and ATR to generate buy/sell signals, identify trends, and support risk management. Ideal for crypto trading but adaptable to other markets.
**Key Features**:
- **Indicators Used**: Fast/Slow EMA (8/21), SMA (50), RSI (14), MACD (12,26,9), Bollinger Bands (20, 2.0), Volume, ATR (14).
- **Buy Signals**: Triggered by uptrend, bullish EMAs, momentum (RSI > 50, MACD bullish), or price breaking above Bollinger Bands. Strong signals (2+ conditions) are bright green triangles.
- **Sell Signals**: Triggered by downtrend, bearish EMAs, negative momentum, or price breaking below Bollinger Bands. Strong signals are bright red triangles.
- **Visuals**: Plots EMAs, Bollinger Bands, signal triangles, and a status table (trend, RSI, MACD, volume, EMAs). Candles are colored by trend (green/red/gray).
- **Alerts**: For buy, sell, strong buy, and strong sell signals.
- **Support/Resistance**: Dynamic levels based on Bollinger Bands and EMAs (not plotted by default).
**How to Use**:
1. **Signals**: Green triangles (buy) below bars, red/orange (sell) above. Stronger signals are brighter.
2. **Confirmation**: Check the status table for trend, momentum, and volume. Prefer high-volume signals in the trend direction.
3. **Risk Management**: Stop-loss at 2x ATR, take-profit at 3x ATR or near support/resistance.
4. **Timeframes**: 15M/1H for day trading, 4H/1D for swing trading.
5. **Customization**: Adjust periods, toggle visuals, or uncomment support/resistance lines.
**Tips**:
- Confirm signals with price action or patterns.
- Avoid trading against extreme RSI levels (>70 or <30).
- Backtest for your market/timeframe.
- Set alerts for real-time notifications.
This indicator simplifies decision-making while offering flexibility for various trading styles. Adjust settings to optimize for your strategy!
**Purpose**: The Crypto Master Indicator (CMI) is a versatile Pine Script (v5) tool for traders, combining Moving Averages, RSI, MACD, Bollinger Bands, Volume, and ATR to generate buy/sell signals, identify trends, and support risk management. Ideal for crypto trading but adaptable to other markets.
**Key Features**:
- **Indicators Used**: Fast/Slow EMA (8/21), SMA (50), RSI (14), MACD (12,26,9), Bollinger Bands (20, 2.0), Volume, ATR (14).
- **Buy Signals**: Triggered by uptrend, bullish EMAs, momentum (RSI > 50, MACD bullish), or price breaking above Bollinger Bands. Strong signals (2+ conditions) are bright green triangles.
- **Sell Signals**: Triggered by downtrend, bearish EMAs, negative momentum, or price breaking below Bollinger Bands. Strong signals are bright red triangles.
- **Visuals**: Plots EMAs, Bollinger Bands, signal triangles, and a status table (trend, RSI, MACD, volume, EMAs). Candles are colored by trend (green/red/gray).
- **Alerts**: For buy, sell, strong buy, and strong sell signals.
- **Support/Resistance**: Dynamic levels based on Bollinger Bands and EMAs (not plotted by default).
**How to Use**:
1. **Signals**: Green triangles (buy) below bars, red/orange (sell) above. Stronger signals are brighter.
2. **Confirmation**: Check the status table for trend, momentum, and volume. Prefer high-volume signals in the trend direction.
3. **Risk Management**: Stop-loss at 2x ATR, take-profit at 3x ATR or near support/resistance.
4. **Timeframes**: 15M/1H for day trading, 4H/1D for swing trading.
5. **Customization**: Adjust periods, toggle visuals, or uncomment support/resistance lines.
**Tips**:
- Confirm signals with price action or patterns.
- Avoid trading against extreme RSI levels (>70 or <30).
- Backtest for your market/timeframe.
- Set alerts for real-time notifications.
This indicator simplifies decision-making while offering flexibility for various trading styles. Adjust settings to optimize for your strategy!
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。