PROTECTED SOURCE SCRIPT
Market GoatFuel v1
Market GoatFuel is an all-in-one trading tool designed to provide a clear, confluence-based view of the market. Its primary goal is to filter out the noise typical of lower timeframes and present only high-probability momentum signals. By layering multiple validation criteria, it ensures that a trade signal is only generated when the trend, momentum, and volume are in alignment.
Key Features
Multi-Layered Trend Analysis: Utilizes a customizable MA Cloud and a Higher-Timeframe (HTF) EMA to establish the dominant trend direction. Trades are only considered in alignment with this trend.
Dual RSI Momentum Engine: A fast RSI (default 9) detects the initial burst of momentum, while a slower RSI (default 21) confirms its sustainability. This dual-check prevents entries on weak or temporary moves.
Advanced Signal Filtering: A signal is only confirmed if the momentum conditions are met for two consecutive bars, effectively filtering out false signals from single-bar spikes.
Higher Timeframe Confluence: In addition to the HTF EMA, the script also checks that the RSI on the higher timeframe is aligned with the trade direction, ensuring you are trading with the dominant momentum.
Volume Validation: Every signal is cross-referenced with volume. A signal is only considered valid if volume is above its moving average, confirming there is conviction behind the price action.
Clean & Customizable Visuals: Features clean up/down arrows for trade signals, with optional background coloring and volume-based bar coloring to provide a full market snapshot at a glance.
Key Features
Multi-Layered Trend Analysis: Utilizes a customizable MA Cloud and a Higher-Timeframe (HTF) EMA to establish the dominant trend direction. Trades are only considered in alignment with this trend.
Dual RSI Momentum Engine: A fast RSI (default 9) detects the initial burst of momentum, while a slower RSI (default 21) confirms its sustainability. This dual-check prevents entries on weak or temporary moves.
Advanced Signal Filtering: A signal is only confirmed if the momentum conditions are met for two consecutive bars, effectively filtering out false signals from single-bar spikes.
Higher Timeframe Confluence: In addition to the HTF EMA, the script also checks that the RSI on the higher timeframe is aligned with the trade direction, ensuring you are trading with the dominant momentum.
Volume Validation: Every signal is cross-referenced with volume. A signal is only considered valid if volume is above its moving average, confirming there is conviction behind the price action.
Clean & Customizable Visuals: Features clean up/down arrows for trade signals, with optional background coloring and volume-based bar coloring to provide a full market snapshot at a glance.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.