OPEN-SOURCE SCRIPT

Buy and Sell Signal

Inputs:

lengthMA: Moving average length for trend detection.
lengthRSI: RSI period for momentum analysis.
volumeMultiplier: Multiplier for identifying volume spikes.
atrMultiplier: Multiplier for determining stop-loss levels using ATR.
Buy Conditions:

A bullish crossover is detected when:
The price is above the moving average.
RSI crosses above 50 (bullish momentum).
A volume spike is present.
Sell Conditions:

A bearish crossover is detected when:
The price is below the moving average.
RSI crosses below 50 (bearish momentum).
A volume spike is present.
Stop Loss Levels:

For buy signals, a stop loss is set at close - (ATR × ATR multiplier).
For sell signals, a stop loss is set at close + (ATR × ATR multiplier).
Visual Signals:

Buy signals are plotted as green triangles below bars.
Sell signals are plotted as red triangles above bars.
A moving average line is plotted for trend reference.
Alerts:

Alerts notify when buy or sell conditions are met.
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Script de código aberto

No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.

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