OPEN-SOURCE SCRIPT
Mis à jour Leader
Title: Leader
Category: Technical Analysis Indicator
Version: Pine Script v5
Author: Syed Irfan Baksh
Market: Works on all instruments & timeframes
Description:
The Leader indicator is a powerful trading tool designed for trend-based traders. It identifies high-probability buy and sell signals using a combination of Exponential Moving Averages (EMA), Relative Strength Index (RSI), and Stochastic Oscillator to minimize false entries.
💡 Key Features:
✅ EMA Trend Confirmation – Uses 9-period and 21-period EMAs to confirm bullish/bearish trends.
✅ RSI Strength Filter – Prevents weak signals by requiring RSI above 55 for buys and below 45 for sells.
✅ Stochastic Confirmation – Ensures oversold/overbought conditions are accounted for, reducing false breakouts.
✅ Clear Visual Alerts – Displays BUY and SELL signals directly on the chart for easy interpretation.
✅ Universal Compatibility – Works on all assets (Forex, Stocks, Crypto, Commodities) and all timeframes.
How to Use:
📈 Buy Signal:
The 9 EMA crosses above the 21 EMA.
RSI is above 55, indicating strong bullish momentum.
Stochastic (%K and %D) is above 25, confirming upward movement.
📉 Sell Signal:
The 9 EMA crosses below the 21 EMA.
RSI is below 45, signaling bearish momentum.
Stochastic (%K and %D) is below 75, confirming downward pressure.
Category: Technical Analysis Indicator
Version: Pine Script v5
Author: Syed Irfan Baksh
Market: Works on all instruments & timeframes
Description:
The Leader indicator is a powerful trading tool designed for trend-based traders. It identifies high-probability buy and sell signals using a combination of Exponential Moving Averages (EMA), Relative Strength Index (RSI), and Stochastic Oscillator to minimize false entries.
💡 Key Features:
✅ EMA Trend Confirmation – Uses 9-period and 21-period EMAs to confirm bullish/bearish trends.
✅ RSI Strength Filter – Prevents weak signals by requiring RSI above 55 for buys and below 45 for sells.
✅ Stochastic Confirmation – Ensures oversold/overbought conditions are accounted for, reducing false breakouts.
✅ Clear Visual Alerts – Displays BUY and SELL signals directly on the chart for easy interpretation.
✅ Universal Compatibility – Works on all assets (Forex, Stocks, Crypto, Commodities) and all timeframes.
How to Use:
📈 Buy Signal:
The 9 EMA crosses above the 21 EMA.
RSI is above 55, indicating strong bullish momentum.
Stochastic (%K and %D) is above 25, confirming upward movement.
📉 Sell Signal:
The 9 EMA crosses below the 21 EMA.
RSI is below 45, signaling bearish momentum.
Stochastic (%K and %D) is below 75, confirming downward pressure.
Notes de version
Updated
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
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