OPEN-SOURCE SCRIPT
Long Short Entry Signals + Pre-Signal (Strings)
Long Short Entry Signals + Pre-Signal (!)
This indicator is designed to provide clear and structured trading setups for both long and short entries — including an early warning signal before a trade is fully confirmed.
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🔹 Features
• Pre-Signal (!)
Displays a warning when a potential trade is forming.
The market already meets key conditions (trend + momentum), but the final confirmation candle is still missing.
• Long Signal (L – green)
Triggered when:
- Uptrend is established (EMA Fast > EMA Slow)
- Price is above the fast EMA
- RSI shows strength
- A bullish confirmation candle forms
• Short Signal (S – yellow)
Triggered when:
- Downtrend is established (EMA Fast < EMA Slow)
- Price is below the fast EMA
- RSI shows weakness
- A bearish confirmation candle forms
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📊 Strategy Logic
The indicator combines multiple proven concepts:
- Trend filtering using EMAs
- Momentum confirmation via RSI
- Price action (break of previous candle high/low)
- Cooldown system to reduce signal noise
Additionally, Stop Loss and Take Profit levels are internally calculated using:
- ATR (volatility-based)
- Swing highs/lows
---
⚠️ Notes
- This is not a guarantee of profitable trades.
- Works best on timeframes like 5m – 1H
- Ideal for trending markets; less effective in ranging conditions
- Always use proper risk management
---
💡 How to Use
1. Watch for a "!" (Pre-Signal) → prepare for a possible setup 2. Wait for L or S → confirmed entry signal 3. Combine with your own strategy or higher timeframe analysis for best results
---
🚀 Tip
Use alerts to get notified in advance:
- "Prepare Long / Short" for early setups
- "Long / Short Signal" for confirmed entries
---
Built for traders who want early awareness + confirmed precision in one simple tool.
This indicator is designed to provide clear and structured trading setups for both long and short entries — including an early warning signal before a trade is fully confirmed.
---
🔹 Features
• Pre-Signal (!)
Displays a warning when a potential trade is forming.
The market already meets key conditions (trend + momentum), but the final confirmation candle is still missing.
• Long Signal (L – green)
Triggered when:
- Uptrend is established (EMA Fast > EMA Slow)
- Price is above the fast EMA
- RSI shows strength
- A bullish confirmation candle forms
• Short Signal (S – yellow)
Triggered when:
- Downtrend is established (EMA Fast < EMA Slow)
- Price is below the fast EMA
- RSI shows weakness
- A bearish confirmation candle forms
---
📊 Strategy Logic
The indicator combines multiple proven concepts:
- Trend filtering using EMAs
- Momentum confirmation via RSI
- Price action (break of previous candle high/low)
- Cooldown system to reduce signal noise
Additionally, Stop Loss and Take Profit levels are internally calculated using:
- ATR (volatility-based)
- Swing highs/lows
---
⚠️ Notes
- This is not a guarantee of profitable trades.
- Works best on timeframes like 5m – 1H
- Ideal for trending markets; less effective in ranging conditions
- Always use proper risk management
---
💡 How to Use
1. Watch for a "!" (Pre-Signal) → prepare for a possible setup 2. Wait for L or S → confirmed entry signal 3. Combine with your own strategy or higher timeframe analysis for best results
---
🚀 Tip
Use alerts to get notified in advance:
- "Prepare Long / Short" for early setups
- "Long / Short Signal" for confirmed entries
---
Built for traders who want early awareness + confirmed precision in one simple tool.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.