OPEN-SOURCE SCRIPT
Rajiv Alpha Fusion Pro
Rajiv Alpha Fusion Pro is a multi-confirmation intraday and swing trading indicator built for TradingView.
It combines multiple trend-following systems to generate high-probability BUY and SELL signals with automatic entry, stoploss, and multi-target levels.
Indicators Used
SuperTrend → Main trend direction
UT Bot → Momentum-based entry trigger
HalfTrend → Trend reversal confirmation
AlphaTrend → Additional trend strength filter
ATR → Dynamic stoploss calculation
Signal Logic
BUY signals are generated only when all enabled indicators confirm bullish momentum.
SELL signals are generated only when all enabled indicators confirm bearish momentum.
Confirmation structure:
Signal=SuperTrend∧UTBot∧HalfTrend∧AlphaTrend
Features
Multi-indicator confirmation system
ATR-based dynamic stoploss
Automatic Target 1, Target 2, and Target 3
Risk Reward structure:
TP1 = 1:2
TP2 = 1:3
TP3 = 1:4
Entry, Stoploss, and Target lines with labels
BUY and SELL arrows on chart
Webhook/function-call alerts
Enable/Disable any indicator individually
Works automatically on chart timeframe
Suitable for:
Scalping
Intraday trading
Swing trading
Risk Management Formula
Target=Entry±(Risk×RR)
Best Timeframes
1 Minute
3 Minute
5 Minute
15 Minute
1 Hour
Recommended Usage
Best used in trending markets
Combine with proper risk management
Avoid low-volume sideways markets
Use higher timeframe trend confirmation for better accuracy
It combines multiple trend-following systems to generate high-probability BUY and SELL signals with automatic entry, stoploss, and multi-target levels.
Indicators Used
SuperTrend → Main trend direction
UT Bot → Momentum-based entry trigger
HalfTrend → Trend reversal confirmation
AlphaTrend → Additional trend strength filter
ATR → Dynamic stoploss calculation
Signal Logic
BUY signals are generated only when all enabled indicators confirm bullish momentum.
SELL signals are generated only when all enabled indicators confirm bearish momentum.
Confirmation structure:
Signal=SuperTrend∧UTBot∧HalfTrend∧AlphaTrend
Features
Multi-indicator confirmation system
ATR-based dynamic stoploss
Automatic Target 1, Target 2, and Target 3
Risk Reward structure:
TP1 = 1:2
TP2 = 1:3
TP3 = 1:4
Entry, Stoploss, and Target lines with labels
BUY and SELL arrows on chart
Webhook/function-call alerts
Enable/Disable any indicator individually
Works automatically on chart timeframe
Suitable for:
Scalping
Intraday trading
Swing trading
Risk Management Formula
Target=Entry±(Risk×RR)
Best Timeframes
1 Minute
3 Minute
5 Minute
15 Minute
1 Hour
Recommended Usage
Best used in trending markets
Combine with proper risk management
Avoid low-volume sideways markets
Use higher timeframe trend confirmation for better accuracy
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.