OPEN-SOURCE SCRIPT
Next Bar UP/DOWN Probability Predictor (With Prices)
📊 AI Trend Predictor Trading Strategy
1. Trend Following Setup (Bullish Continuations)
Entry Condition:
Next Bar UP probability is 80% or higher.
EMA 1, EMA 2, and EMA 3 are in perfect bullish alignment (EMA 5 > EMA 10 > EMA 20).
Execution: Open a Long / Buy position at the open of the next bar.
Target Price: Use the EMA(5) Predict price displayed in the table as your initial take-profit target.
2. Trend Following Setup (Bearish Continuations)
Entry Condition:
Next Bar DOWN probability is 80% or higher.
EMA 1, EMA 2, and EMA 3 are in perfect bearish alignment (EMA 5 < EMA 10 < EMA 20).
Execution: Open a Short / Sell position at the open of the next bar.
Target Price: Use the EMA(5) Predict price displayed in the table as your initial take-profit target.
3. Risk Management & Filters (Crucial)
The 50% No-Trade Zone: If the probabilities are fluctuating between 40% and 60%, the market is in a sideways squeeze. Do not enter any trades during this choppy phase.
Stop Loss (SL): Place your stop loss right below the current EMA 20 for Long positions, or right above the current EMA 20 for Short positions.
Invalidation: If the next bar closes opposite to the predicted direction and the probability immediately drops below 50%, exit the trade to minimize losses.
1. Trend Following Setup (Bullish Continuations)
Entry Condition:
Next Bar UP probability is 80% or higher.
EMA 1, EMA 2, and EMA 3 are in perfect bullish alignment (EMA 5 > EMA 10 > EMA 20).
Execution: Open a Long / Buy position at the open of the next bar.
Target Price: Use the EMA(5) Predict price displayed in the table as your initial take-profit target.
2. Trend Following Setup (Bearish Continuations)
Entry Condition:
Next Bar DOWN probability is 80% or higher.
EMA 1, EMA 2, and EMA 3 are in perfect bearish alignment (EMA 5 < EMA 10 < EMA 20).
Execution: Open a Short / Sell position at the open of the next bar.
Target Price: Use the EMA(5) Predict price displayed in the table as your initial take-profit target.
3. Risk Management & Filters (Crucial)
The 50% No-Trade Zone: If the probabilities are fluctuating between 40% and 60%, the market is in a sideways squeeze. Do not enter any trades during this choppy phase.
Stop Loss (SL): Place your stop loss right below the current EMA 20 for Long positions, or right above the current EMA 20 for Short positions.
Invalidation: If the next bar closes opposite to the predicted direction and the probability immediately drops below 50%, exit the trade to minimize losses.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.