OPEN-SOURCE SCRIPT
TheSmartTradingGuy - Master Script 001
TheSmartTradingGuy - Master Script 001 (Youtube: TheSmartTradingGuy)
📌 Overview:
The Master Script 001 is an advanced trading indicator designed to help traders identify trends, key support & resistance levels, and momentum shifts. It integrates multiple technical indicators, including ADX, RSI, Moving Averages, VWAP, Pivot Points, and Supertrend, to provide a comprehensive trading strategy.
🔹 Key Features:
✔ ADX Trend Detection – Helps filter out weak trends and avoid no-trade zones.
✔ Supertrend-Based Buy/Sell Signals – Provides dynamic trend-following signals.
✔ Long-Term & Short-Term Moving Averages – Identifies market direction.
✔ RSI with Customizable Moving Average Smoothing – Detects overbought/oversold conditions.
✔ VWAP (Volume-Weighted Average Price) – Helps track institutional price levels.
✔ Pivot Points with Support & Resistance Levels – Identifies key price action zones.
📊 How to Use:
1️⃣ Trend Confirmation: Use ADX and Moving Averages to confirm strong trends.
2️⃣ Entry Signals: Buy when a bullish Supertrend signal appears & price is above VWAP. Sell when a bearish signal appears & price is below VWAP.
3️⃣ Momentum & Strength: Check RSI levels and ADX values to validate trade setups.
4️⃣ Support & Resistance: Use Pivot Points to identify potential reversal or breakout zones.
5️⃣ VWAP for Institutional Levels: Monitor VWAP positioning to gauge market sentiment.
⚙ Customization:
🔹 Adjust ADX, Supertrend Multiplier, RSI Length, and Moving Average Type to fit your trading style.
🔹 Enable/Disable Signals, VWAP, and Pivots as per your preference.
📌 Ideal for:
✅ Trend Traders
✅ Scalpers & Swing Traders
✅ Institutional & Retail Traders
🛑 Risk Disclaimer:
This script is for educational purposes only. Always perform your own analysis before taking any trade. Past performance does not guarantee future results.
🚀 Developed by: TheSmartTradingGuy
📌 Overview:
The Master Script 001 is an advanced trading indicator designed to help traders identify trends, key support & resistance levels, and momentum shifts. It integrates multiple technical indicators, including ADX, RSI, Moving Averages, VWAP, Pivot Points, and Supertrend, to provide a comprehensive trading strategy.
🔹 Key Features:
✔ ADX Trend Detection – Helps filter out weak trends and avoid no-trade zones.
✔ Supertrend-Based Buy/Sell Signals – Provides dynamic trend-following signals.
✔ Long-Term & Short-Term Moving Averages – Identifies market direction.
✔ RSI with Customizable Moving Average Smoothing – Detects overbought/oversold conditions.
✔ VWAP (Volume-Weighted Average Price) – Helps track institutional price levels.
✔ Pivot Points with Support & Resistance Levels – Identifies key price action zones.
📊 How to Use:
1️⃣ Trend Confirmation: Use ADX and Moving Averages to confirm strong trends.
2️⃣ Entry Signals: Buy when a bullish Supertrend signal appears & price is above VWAP. Sell when a bearish signal appears & price is below VWAP.
3️⃣ Momentum & Strength: Check RSI levels and ADX values to validate trade setups.
4️⃣ Support & Resistance: Use Pivot Points to identify potential reversal or breakout zones.
5️⃣ VWAP for Institutional Levels: Monitor VWAP positioning to gauge market sentiment.
⚙ Customization:
🔹 Adjust ADX, Supertrend Multiplier, RSI Length, and Moving Average Type to fit your trading style.
🔹 Enable/Disable Signals, VWAP, and Pivots as per your preference.
📌 Ideal for:
✅ Trend Traders
✅ Scalpers & Swing Traders
✅ Institutional & Retail Traders
🛑 Risk Disclaimer:
This script is for educational purposes only. Always perform your own analysis before taking any trade. Past performance does not guarantee future results.
🚀 Developed by: TheSmartTradingGuy
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.