OPEN-SOURCE SCRIPT
Pro-Swing Guard: 200 EMA & SuperTrend 10-5 - Simple Swing System
The Pro-Swing Guard is a disciplined, trend-following system designed to simplify high-probability trading for both stocks and indices. Built on the core principle of "Trading with the Tide," this strategy is the primary engine for The Stock Yogi's trading philosophy: eliminating market noise and avoiding the traps of sideways price action.
By combining the structural strength of the 200-period Exponential Moving Average (EMA) with a conservative, high-factor SuperTrend (10, 5), the Pro-Swing Guard ensures you only participate when the big money momentum and long-term structure are perfectly aligned.
The "3-Step Verification" Logic
This system follows a strict institutional-grade logic to confirm every entry:
The Structural Filter (200 EMA): We only look for Longs when the price is trading above the 200 EMA and Shorts when below. This ensures you are never standing in front of a high-speed train moving in the opposite direction.
The Slope Sentinel: The script automatically detects the angle of the 200 EMA. It only triggers signals when the EMA is actively sloping (Upward for Buy / Downward for Sell), effectively keeping you on the sidelines during "dead" or choppy markets.
The Volatility Buffer (The 10-5 Factor): While most retail traders use a standard 3.0 multiplier, we use a 5.0 Multiplier. This "Game Changer" adjustment creates a wider safety zone, allowing the stock to breathe and preventing you from being "shaken out" by minor intraday volatility.
Key Features & Toggles
Directional Control: Built-in toggles to enable/disable Long or Short trades based on your daily market bias or higher timeframe analysis.
Risk Management Toggle:
Trend Rider Mode (Default): Exit on a SuperTrend color flip to capture massive, multi-week swing moves.
Disciplined Target Mode: Switch on the Risk-to-Reward (RR) Toggle to set a fixed target based on the Entry Candle's high/low for consistent compounding.
Institutional Sizing: Defaulted to an initial capital of 50 Lacs with a 40% equity-per-trade allocation for realistic portfolio backtesting.
How to Trade with Pro-Swing Guard
Best Timeframes: Highly optimized for 15m/1h (Intraday Momentum) and Daily/4h (Swing Trading).
Confirmation: A valid signal is generated when the SuperTrend flips color ONLY IF the price is on the correct side of the 200 EMA and the EMA slope is confirmed.
Visual Cues: The chart background highlights valid entry zones (Green for Bullish / Red for Bearish) to keep your eyes focused.
Disclaimer & House Rules
This indicator is an educational tool designed by The Stock Yogi to assist in data-driven decision-making.
Trading involves significant financial risk. Past performance does not guarantee future results.
Always practice proper risk management and test on a demo account before live deployment.
Developed by The Stock Yogi
"In a world of noise, discipline is your only edge. Let this tool handle the trend, while you handle your mind."
By combining the structural strength of the 200-period Exponential Moving Average (EMA) with a conservative, high-factor SuperTrend (10, 5), the Pro-Swing Guard ensures you only participate when the big money momentum and long-term structure are perfectly aligned.
The "3-Step Verification" Logic
This system follows a strict institutional-grade logic to confirm every entry:
The Structural Filter (200 EMA): We only look for Longs when the price is trading above the 200 EMA and Shorts when below. This ensures you are never standing in front of a high-speed train moving in the opposite direction.
The Slope Sentinel: The script automatically detects the angle of the 200 EMA. It only triggers signals when the EMA is actively sloping (Upward for Buy / Downward for Sell), effectively keeping you on the sidelines during "dead" or choppy markets.
The Volatility Buffer (The 10-5 Factor): While most retail traders use a standard 3.0 multiplier, we use a 5.0 Multiplier. This "Game Changer" adjustment creates a wider safety zone, allowing the stock to breathe and preventing you from being "shaken out" by minor intraday volatility.
Key Features & Toggles
Directional Control: Built-in toggles to enable/disable Long or Short trades based on your daily market bias or higher timeframe analysis.
Risk Management Toggle:
Trend Rider Mode (Default): Exit on a SuperTrend color flip to capture massive, multi-week swing moves.
Disciplined Target Mode: Switch on the Risk-to-Reward (RR) Toggle to set a fixed target based on the Entry Candle's high/low for consistent compounding.
Institutional Sizing: Defaulted to an initial capital of 50 Lacs with a 40% equity-per-trade allocation for realistic portfolio backtesting.
How to Trade with Pro-Swing Guard
Best Timeframes: Highly optimized for 15m/1h (Intraday Momentum) and Daily/4h (Swing Trading).
Confirmation: A valid signal is generated when the SuperTrend flips color ONLY IF the price is on the correct side of the 200 EMA and the EMA slope is confirmed.
Visual Cues: The chart background highlights valid entry zones (Green for Bullish / Red for Bearish) to keep your eyes focused.
Disclaimer & House Rules
This indicator is an educational tool designed by The Stock Yogi to assist in data-driven decision-making.
Trading involves significant financial risk. Past performance does not guarantee future results.
Always practice proper risk management and test on a demo account before live deployment.
Developed by The Stock Yogi
"In a world of noise, discipline is your only edge. Let this tool handle the trend, while you handle your mind."
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.