OPEN-SOURCE SCRIPT
eXeTRADE Main Dual Score Signal Indicator
# eXeTRADE-Main — Dual-Score Signal Indicator
**Trend • Support/Resistance • Higher-Timeframe • Backtest — all in one score**
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## What it does
eXeTRADE-Main is a multi-factor signal indicator built for medium-to-experienced traders on **1H, 4H, and Daily** timeframes. It calculates **Long and Short scores independently** from five weighted layers — Trend, Support/Resistance, Momentum, Higher Timeframe, and Risk/Reward — and produces three signal grades:
- **Strong Buy / Sell** — score ≥ 90
- **Normal Buy / Sell** — score ≥ 75
- **Range Buy / Sell** — when R:R ≥ 3.0
The indicator is designed for **plan-driven, low-risk trading**. It auto-detects trend lines and parallel channels, ranks the top three S/R levels by strength, runs a weekly Best-MA backtest, and applies a **Proximity Gate** that penalises signals fired too close to a strong opposing level — the most common cause of immediate reversals.
## Key features
- Dual scoring — Long and Short calculated independently (0–100 scale)
- 14-MA + Best-MA weekly backtest (Trade / Long / Short / S/R averages auto-tuned)
- 3-layer trend line + parallel channel auto-detection with break tracking
- Pivot-based S/R with touch counting and violation tracking; top 3 selected by strength
- HTF context — EMA50/200, RSI, pivot, Ichimoku cloud, and volume folded into the score
- **Proximity Gate** — soft-block or hard-block when entry sits within 0.5×ATR of opposing S/R
- Built-in backtest engine with S/R trailing stop
- Position-management panel for manual entry / TP / SL tracking
- Single consolidated master alert (one alert covers every signal and trail event)
## How to read the chart
Numbered markers on the cover image:
1. **Score Panel** — current Long/Short scores with delta arrows, ATR, and trail status
2. **Top S/R Levels** — three strongest levels, ranked by point score
3. **Backtest Results** — trade count, win/loss, win rate, total P/L, max drawdown
4. **Buy Signal** — green triangle marks Strong / Normal / Range Buy entries
5. **Trail Exit** — yellow × marks where the trailing stop was hit
6. **Auto Trend Lines** — multi-layer trend with parallel channels
## Important settings
- **Backtest Period** — 1 Mo / 3 Mo / 6 Mo / 1 Yr / All
- **Entry Mode** — Single (one position) or Multi (pyramiding)
- **Signal Levels** — Strong (default 90) and Buy/Sell (default 75) thresholds
- **Proximity Gate Mode** — Off / Warning / Soft Block / Hard Block
- **HTF Auto-Bump** — automatically lifts the HTF reference one level if the chart TF matches HTF
## Alerts
A single **master alert** is recommended — it fires for every signal and trail event in one channel. Individual alerts (Strong Buy, Strong Sell, Trail Hit, Channel Break, etc.) are also available if granular control is preferred.
## Best on
4H and Daily timeframes for **Forex pairs, XAUUSD, XAGUSD, and major equities**. Not recommended below 1H — short-timeframe noise reduces score reliability.
## Disclaimer
This indicator is a decision-support tool, not financial advice. **Always define stop-loss and exit plan before entry.** Past performance does not guarantee future results. Trade at your own risk.
---
*Comments and feedback are welcome.*
**Trend • Support/Resistance • Higher-Timeframe • Backtest — all in one score**
---
## What it does
eXeTRADE-Main is a multi-factor signal indicator built for medium-to-experienced traders on **1H, 4H, and Daily** timeframes. It calculates **Long and Short scores independently** from five weighted layers — Trend, Support/Resistance, Momentum, Higher Timeframe, and Risk/Reward — and produces three signal grades:
- **Strong Buy / Sell** — score ≥ 90
- **Normal Buy / Sell** — score ≥ 75
- **Range Buy / Sell** — when R:R ≥ 3.0
The indicator is designed for **plan-driven, low-risk trading**. It auto-detects trend lines and parallel channels, ranks the top three S/R levels by strength, runs a weekly Best-MA backtest, and applies a **Proximity Gate** that penalises signals fired too close to a strong opposing level — the most common cause of immediate reversals.
## Key features
- Dual scoring — Long and Short calculated independently (0–100 scale)
- 14-MA + Best-MA weekly backtest (Trade / Long / Short / S/R averages auto-tuned)
- 3-layer trend line + parallel channel auto-detection with break tracking
- Pivot-based S/R with touch counting and violation tracking; top 3 selected by strength
- HTF context — EMA50/200, RSI, pivot, Ichimoku cloud, and volume folded into the score
- **Proximity Gate** — soft-block or hard-block when entry sits within 0.5×ATR of opposing S/R
- Built-in backtest engine with S/R trailing stop
- Position-management panel for manual entry / TP / SL tracking
- Single consolidated master alert (one alert covers every signal and trail event)
## How to read the chart
Numbered markers on the cover image:
1. **Score Panel** — current Long/Short scores with delta arrows, ATR, and trail status
2. **Top S/R Levels** — three strongest levels, ranked by point score
3. **Backtest Results** — trade count, win/loss, win rate, total P/L, max drawdown
4. **Buy Signal** — green triangle marks Strong / Normal / Range Buy entries
5. **Trail Exit** — yellow × marks where the trailing stop was hit
6. **Auto Trend Lines** — multi-layer trend with parallel channels
## Important settings
- **Backtest Period** — 1 Mo / 3 Mo / 6 Mo / 1 Yr / All
- **Entry Mode** — Single (one position) or Multi (pyramiding)
- **Signal Levels** — Strong (default 90) and Buy/Sell (default 75) thresholds
- **Proximity Gate Mode** — Off / Warning / Soft Block / Hard Block
- **HTF Auto-Bump** — automatically lifts the HTF reference one level if the chart TF matches HTF
## Alerts
A single **master alert** is recommended — it fires for every signal and trail event in one channel. Individual alerts (Strong Buy, Strong Sell, Trail Hit, Channel Break, etc.) are also available if granular control is preferred.
## Best on
4H and Daily timeframes for **Forex pairs, XAUUSD, XAGUSD, and major equities**. Not recommended below 1H — short-timeframe noise reduces score reliability.
## Disclaimer
This indicator is a decision-support tool, not financial advice. **Always define stop-loss and exit plan before entry.** Past performance does not guarantee future results. Trade at your own risk.
---
*Comments and feedback are welcome.*
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.