OPEN-SOURCE SCRIPT
Atualizado The Echo System
🔊 The Echo System – Trend + Momentum Trading Strategy
Overview:
The Echo System is a trend-following and momentum-based trading tool designed to identify high-probability buy and sell signals through a combination of market trend analysis, price movement strength, and candlestick validation.
Key Features:
📈 Trend Detection:
Uses a 30 EMA vs. 200 EMA crossover to confirm bullish or bearish trends.
Visual trend strength meter powered by percentile ranking of EMA distance.
🔄 Momentum Check:
Detects significant price moves over the past 6 bars, enhanced by ATR-based scaling to filter weak signals.
🕯️ Candle Confirmation:
Validates recent price action using the previous and current candle body direction.
✅ Smart Conditions Table:
A live dashboard showing all trade condition checks (Trend, Recent Price Move, Candlestick confirmations) in real-time with visual feedback.
📊 Backtesting & Stats:
Auto-calculates average win, average loss, risk-reward ratio (RRR), and win rate across historical signals.
Clean performance dashboard with color-coded metrics for easy reading.
🔔 Alerts:
Set alerts for trade signals or significant price movements to stay updated without monitoring the chart 24/7.
Visuals:
Trend markers and price movement flags plotted directly on the chart.
Dual tables:
📈 Conditions table (top-right): breaks down trade criteria status.
📊 Performance table (bottom-right): shows real-time stats on win/loss and RRR.🔊 The Echo System – Trend + Momentum Trading Strategy
Overview:
The Echo System is a trend-following and momentum-based trading tool designed to identify high-probability buy and sell signals through a combination of market trend analysis, price movement strength, and candlestick validation.
Key Features:
📈 Trend Detection:
Uses a 30 EMA vs. 200 EMA crossover to confirm bullish or bearish trends.
Visual trend strength meter powered by percentile ranking of EMA distance.
🔄 Momentum Check:
Detects significant price moves over the past 6 bars, enhanced by ATR-based scaling to filter weak signals.
🕯️ Candle Confirmation:
Validates recent price action using the previous and current candle body direction.
✅ Smart Conditions Table:
A live dashboard showing all trade condition checks (Trend, Recent Price Move, Candlestick confirmations) in real-time with visual feedback.
📊 Backtesting & Stats:
Auto-calculates average win, average loss, risk-reward ratio (RRR), and win rate across historical signals.
Clean performance dashboard with color-coded metrics for easy reading.
🔔 Alerts:
Set alerts for trade signals or significant price movements to stay updated without monitoring the chart 24/7.
Visuals:
Trend markers and price movement flags plotted directly on the chart.
Dual tables:
📈 Conditions table (top-right): breaks down trade criteria status.
📊 Performance table (bottom-right): shows real-time stats on win/loss and RRR.
Overview:
The Echo System is a trend-following and momentum-based trading tool designed to identify high-probability buy and sell signals through a combination of market trend analysis, price movement strength, and candlestick validation.
Key Features:
📈 Trend Detection:
Uses a 30 EMA vs. 200 EMA crossover to confirm bullish or bearish trends.
Visual trend strength meter powered by percentile ranking of EMA distance.
🔄 Momentum Check:
Detects significant price moves over the past 6 bars, enhanced by ATR-based scaling to filter weak signals.
🕯️ Candle Confirmation:
Validates recent price action using the previous and current candle body direction.
✅ Smart Conditions Table:
A live dashboard showing all trade condition checks (Trend, Recent Price Move, Candlestick confirmations) in real-time with visual feedback.
📊 Backtesting & Stats:
Auto-calculates average win, average loss, risk-reward ratio (RRR), and win rate across historical signals.
Clean performance dashboard with color-coded metrics for easy reading.
🔔 Alerts:
Set alerts for trade signals or significant price movements to stay updated without monitoring the chart 24/7.
Visuals:
Trend markers and price movement flags plotted directly on the chart.
Dual tables:
📈 Conditions table (top-right): breaks down trade criteria status.
📊 Performance table (bottom-right): shows real-time stats on win/loss and RRR.🔊 The Echo System – Trend + Momentum Trading Strategy
Overview:
The Echo System is a trend-following and momentum-based trading tool designed to identify high-probability buy and sell signals through a combination of market trend analysis, price movement strength, and candlestick validation.
Key Features:
📈 Trend Detection:
Uses a 30 EMA vs. 200 EMA crossover to confirm bullish or bearish trends.
Visual trend strength meter powered by percentile ranking of EMA distance.
🔄 Momentum Check:
Detects significant price moves over the past 6 bars, enhanced by ATR-based scaling to filter weak signals.
🕯️ Candle Confirmation:
Validates recent price action using the previous and current candle body direction.
✅ Smart Conditions Table:
A live dashboard showing all trade condition checks (Trend, Recent Price Move, Candlestick confirmations) in real-time with visual feedback.
📊 Backtesting & Stats:
Auto-calculates average win, average loss, risk-reward ratio (RRR), and win rate across historical signals.
Clean performance dashboard with color-coded metrics for easy reading.
🔔 Alerts:
Set alerts for trade signals or significant price movements to stay updated without monitoring the chart 24/7.
Visuals:
Trend markers and price movement flags plotted directly on the chart.
Dual tables:
📈 Conditions table (top-right): breaks down trade criteria status.
📊 Performance table (bottom-right): shows real-time stats on win/loss and RRR.
Notas de Lançamento
sensitivityNotas de Lançamento
updateNotas de Lançamento
notif updateNotas de Lançamento
more alertsNotas de Lançamento
-- The Echo System 2.0 --Notas de Lançamento
fixNotas de Lançamento
added mobile versionNotas de Lançamento
colorsNotas de Lançamento
updated colors and shapesNotas de Lançamento
starting to add more visualsNotas de Lançamento
alert namesNotas de Lançamento
mobile fixNotas de Lançamento
WAITING...Notas de Lançamento
fixed the color thing to adjust for stop lossNotas de Lançamento
3.0!!!!Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.