OPEN-SOURCE SCRIPT
S76 - Multi-Indicator Combo
This custom indicator combines five powerful technical analysis tools into a single script to help you identify strong buy signals during upward price movements. It’s designed for use in both spot trading and stock markets.
1. Momentum
Calculated as the difference between the current price and the price from 14 periods ago.
A positive value indicates upward momentum — the price is gaining strength.
2. Moving Average (MA)
A 50-period Simple Moving Average (SMA).
If the price is above the MA, it suggests an uptrend is in place.
3. RSI (Relative Strength Index)
Measures whether the asset is overbought or oversold.
A value below 70 means the asset is not yet overbought — leaving room for further growth.
4. MACD
Based on the difference between two EMAs (12 and 26), plus a signal line (9-period EMA of MACD).
If MACD is above the signal line, it confirms bullish momentum.
5. Bollinger Bands
Shows volatility and potential breakout zones.
If the price breaks above the upper band, it may signal a strong upward move.
✅ Buy Signal Logic
The indicator plots a green marker below the candle when all of the following conditions are met:
Momentum > 0
Price > MA
RSI < 70
MACD > Signal Line
Price > Upper Bollinger Band
This combination suggests the price is rising with strength, in a confirmed trend, not yet overbought, and supported by volatility — a prime entry point.
📌 How to Use It
On TradingView: Add the indicator to your chart and watch for green markers as potential buy signals.
For spot and stock trading: Use it to time entries into assets like stocks, ETFs, or cryptocurrencies.
Customization: You can adjust the lengths of MA, RSI, and other components to match your trading style.
1. Momentum
Calculated as the difference between the current price and the price from 14 periods ago.
A positive value indicates upward momentum — the price is gaining strength.
2. Moving Average (MA)
A 50-period Simple Moving Average (SMA).
If the price is above the MA, it suggests an uptrend is in place.
3. RSI (Relative Strength Index)
Measures whether the asset is overbought or oversold.
A value below 70 means the asset is not yet overbought — leaving room for further growth.
4. MACD
Based on the difference between two EMAs (12 and 26), plus a signal line (9-period EMA of MACD).
If MACD is above the signal line, it confirms bullish momentum.
5. Bollinger Bands
Shows volatility and potential breakout zones.
If the price breaks above the upper band, it may signal a strong upward move.
✅ Buy Signal Logic
The indicator plots a green marker below the candle when all of the following conditions are met:
Momentum > 0
Price > MA
RSI < 70
MACD > Signal Line
Price > Upper Bollinger Band
This combination suggests the price is rising with strength, in a confirmed trend, not yet overbought, and supported by volatility — a prime entry point.
📌 How to Use It
On TradingView: Add the indicator to your chart and watch for green markers as potential buy signals.
For spot and stock trading: Use it to time entries into assets like stocks, ETFs, or cryptocurrencies.
Customization: You can adjust the lengths of MA, RSI, and other components to match your trading style.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
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 open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
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.