Ultimate Swing Trade Finder

### Indicator Name: Ultimate Swing Trade Finder

### Description:
The **Ultimate Swing Trade Finder** is a powerful technical analysis tool designed to identify high-probability swing trading opportunities by combining six of the most popular trading indicators: Simple Moving Average (SMA), Exponential Moving Average (EMA), Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), Bollinger Bands, and Stochastic Oscillator. This indicator overlays on your chart and provides clear buy and sell signals based on confluence between these indicators, helping traders spot potential trend reversals or continuations for swing trades.

### How It Works:
The indicator analyzes price action and momentum using multiple technical indicators, requiring at least three confirming conditions for a signal to appear. This multi-indicator approach aims to filter out noise and improve trade reliability. Here's a breakdown of its components and logic:

#### Indicators Used:
1. **50-period SMA (Red Line)**: Determines the longer-term trend direction.
2. **20-period EMA (Blue Line)**: Tracks shorter-term price momentum.
3. **RSI (14-period)**: Measures overbought (>70) and oversold (<30) conditions.
4. **MACD (12,26,9)**: Identifies trend changes through line crossovers.
5. **Bollinger Bands (20, 2.0)**: Highlights volatility and price extremes (upper, middle, and lower bands in gray).
6. **Stochastic Oscillator (14,3)**: Detects momentum shifts with %K and %D lines.

#### Signal Conditions:
- **Buy Signal (Green Triangle Up)**:
- Trend is up (EMA > SMA)
- At least 3 of these conditions must be true:
- RSI is oversold (<30)
- MACD line crosses above signal line
- Price is below the lower Bollinger Band
- Stochastic %K is <20 and crosses above %D
- Price is above the EMA
- **Sell Signal (Red Triangle Down)**:
- Trend is down (EMA < SMA)
- At least 3 of these conditions must be true:
- RSI is overbought (>70)
- MACD line crosses below signal line
- Price is above the upper Bollinger Band
- Stochastic %K is >80 and crosses below %D
- Price is below the EMA

#### Signal Strength:
- A label appears on the chart when a signal occurs, showing "Buy: X" and "Sell: X" (where X is 0-5), representing how many of the five conditions are met. Higher numbers indicate stronger signals.

#### Alerts:
- The indicator includes built-in alert conditions:
- "Swing Buy Alert": Triggers on buy signals
- "Swing Sell Alert": Triggers on sell signals
- Set up alerts in TradingView to get notified when signals appear.

### How to Use:
1. **Add to Chart**: Copy the script into TradingView’s Pine Editor and add it to your chart.
2. **Interpret Signals**:
- Green triangles below bars indicate potential buy opportunities.
- Red triangles above bars indicate potential sell opportunities.
- Check the signal strength label (3-5 suggests higher confidence).
3. **Customize Settings**: Adjust input parameters (e.g., SMA length, RSI levels) to match your trading style or timeframe.
4. **Confirm with Context**: Use alongside support/resistance levels, volume analysis, or other tools for better decision-making.

### Settings:
- **SMA Length**: Default 50
- **EMA Length**: Default 20
- **RSI Length**: Default 14 (Overbought 70, Oversold 30)
- **MACD**: Default 12,26,9
- **Bollinger Bands**: Default 20, 2.0 multiplier
- **Stochastic**: Default 14-period with 3-period smoothing

### Best Practices:
- **Timeframes**: Works on any timeframe, but 1H, 4H, or Daily charts are recommended for swing trading.
- **Risk Management**: Always use stop-losses and proper position sizing.
- **Backtesting**: Test the indicator on historical data before live trading.

### Notes:
- This indicator is not a guaranteed predictor of price movement; it’s a tool to highlight potential setups.
- Past performance doesn’t guarantee future results.
- Consider market conditions and fundamental analysis alongside technical signals.

---