TheSmartTradingGuy - Master Script 001

This Pine Script combines multiple technical indicators into one "Master Script" for trading on TradingView. Here’s a brief breakdown of its main components:

ADX (Average Directional Index) Settings

Measures trend strength using ADX, DI+, and DI- values.
Inputs allow customization of smoothing length and trend limit.
SuperTrend Indicator (Superscript)

Uses ATR (Average True Range) to determine trend direction.
Generates buy/sell signals based on price crossing trend levels.
Moving Averages (Long-Term & Short-Term Trends)

Supports different MA types (SMA, EMA, WMA, etc.).
Helps track long-term (100-period) and short-term (50-period) trends.
RSI (Relative Strength Index) with Moving Average

Computes RSI and applies a moving average to it.
Includes background color changes for bullish/bearish RSI conditions.
Pivot Points & Support/Resistance Levels

Calculates daily/monthly pivots based on high, low, and close.
Computes key resistance (R1, R2, R3) and support (S1, S2, S3) levels.
VWAP (Volume Weighted Average Price)

Determines market sentiment based on price-weighted volume.
Highlights VWAP levels on the chart.
ADX-Based No-Trade Zone

Uses ADX values to filter trades in weak-trend conditions.
Exponential Moving Averages (EMAs) for Trend Identification

Uses multiple EMAs (9, 13, 21, 34) for trend confirmation.
Buy/Sell Signals

A bullish trend shift generates a buy signal.
A bearish trend shift generates a sell signal.
This script is designed for traders who want a comprehensive trend-following system combining multiple indicators like ADX, SuperTrend, RSI, VWAP, and Pivot Points for better decision-making. Let me know if you need a more detailed explanation of any part!