OPEN-SOURCE SCRIPT
MULTIMINERAL
MULTIMINERAL: Advanced Signal Engine & Dynamic State Tracker
Description:
Welcome to MULTIMINERAL. This indicator is built upon the exact same robust algorithmic foundation as its predecessor, but it introduces highly advanced trade management and state-tracking mechanics. If you want to explore the original core system, you can find MULTIVITAMIN here:
The Core Engine: Advanced Confluence & Price Action
At its heart, MULTIMINERAL analyzes market structure through a highly sensitive technical confluence, combining traditional momentum indicators with pure price action and volume dynamics. The engine relies on:
Price Action & Smart Money Concepts: Actively detecting high-probability candlestick formations like Engulfing patterns, while identifying critical FVG (Fair Value Gaps) to pinpoint liquidity zones and explosive entry points.
Volume Analysis: Validating the true strength and institutional backing behind every price movement to filter out fake breakouts.
Hull Moving Average (HMA): Utilized for ultra-fast, lag-free trend identification.
EMA & EMA Slope: Exponential Moving Averages combined with precise slope (trajectory) analysis to catch the exact moment a trend accelerates or loses momentum.
ADX, RSI & Momentum: A layered combination to gauge absolute trend strength, overbought/oversold extremes, and price velocity.
The Key Difference: Why MULTIMINERAL?
While both indicators share the same DNA, the critical difference lies in State Management, Dynamic Exits, and how the system handles Repeating Signals.
Exit on Reverse Signal: Standard algorithmic systems often get stuck waiting for fixed take-profit or stop-loss levels. MULTIMINERAL is strictly dynamic. If the underlying market structure flips and the indicator detects an opposite signal, it immediately invalidates the current bias and exits.
The "Virtual Treasury" (1.9% & 2.1% Thresholds): MULTIMINERAL constantly tracks a virtual position. If the price movement reaches critical breaking points—specifically the 1.9% or 2.1% PnL thresholds—the system instantly realizes the previous cycle is functionally over. It completely resets its internal state (bot status returns to zero).
Catching Repeating Signals: Because of this immediate state shift, MULTIMINERAL never misses fresh opportunities. While standard systems are "locked" into an old, ongoing trade, MULTIMINERAL scans the market with a clean slate. It successfully catches overlapping or "repeating signals," firing a brand new entry precisely when the market pivots again.
The 32-Candle Verification Window: To ensure these state shifts and repeating signals are accurate—and to filter out market noise—the algorithm cross-references the new setup against a strict 32-candle lookback window. The volume, EMA slopes, momentum, and price action must validate the trend shift within these last 32 bars before the overriding signal is printed.
MULTIMINERAL is designed for traders who need a hyper-responsive, adaptive system that recalculates market reality instantly, dynamically exits on reverse conditions, and capitalizes on every structural pivot.
Description:
Welcome to MULTIMINERAL. This indicator is built upon the exact same robust algorithmic foundation as its predecessor, but it introduces highly advanced trade management and state-tracking mechanics. If you want to explore the original core system, you can find MULTIVITAMIN here:
The Core Engine: Advanced Confluence & Price Action
At its heart, MULTIMINERAL analyzes market structure through a highly sensitive technical confluence, combining traditional momentum indicators with pure price action and volume dynamics. The engine relies on:
Price Action & Smart Money Concepts: Actively detecting high-probability candlestick formations like Engulfing patterns, while identifying critical FVG (Fair Value Gaps) to pinpoint liquidity zones and explosive entry points.
Volume Analysis: Validating the true strength and institutional backing behind every price movement to filter out fake breakouts.
Hull Moving Average (HMA): Utilized for ultra-fast, lag-free trend identification.
EMA & EMA Slope: Exponential Moving Averages combined with precise slope (trajectory) analysis to catch the exact moment a trend accelerates or loses momentum.
ADX, RSI & Momentum: A layered combination to gauge absolute trend strength, overbought/oversold extremes, and price velocity.
The Key Difference: Why MULTIMINERAL?
While both indicators share the same DNA, the critical difference lies in State Management, Dynamic Exits, and how the system handles Repeating Signals.
Exit on Reverse Signal: Standard algorithmic systems often get stuck waiting for fixed take-profit or stop-loss levels. MULTIMINERAL is strictly dynamic. If the underlying market structure flips and the indicator detects an opposite signal, it immediately invalidates the current bias and exits.
The "Virtual Treasury" (1.9% & 2.1% Thresholds): MULTIMINERAL constantly tracks a virtual position. If the price movement reaches critical breaking points—specifically the 1.9% or 2.1% PnL thresholds—the system instantly realizes the previous cycle is functionally over. It completely resets its internal state (bot status returns to zero).
Catching Repeating Signals: Because of this immediate state shift, MULTIMINERAL never misses fresh opportunities. While standard systems are "locked" into an old, ongoing trade, MULTIMINERAL scans the market with a clean slate. It successfully catches overlapping or "repeating signals," firing a brand new entry precisely when the market pivots again.
The 32-Candle Verification Window: To ensure these state shifts and repeating signals are accurate—and to filter out market noise—the algorithm cross-references the new setup against a strict 32-candle lookback window. The volume, EMA slopes, momentum, and price action must validate the trend shift within these last 32 bars before the overriding signal is printed.
MULTIMINERAL is designed for traders who need a hyper-responsive, adaptive system that recalculates market reality instantly, dynamically exits on reverse conditions, and capitalizes on every structural pivot.
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.