OPEN-SOURCE SCRIPT
10-Factor Super Indicator Strategy (Fixed)
10-Factor Super Indicator Strategy (Fixed) is a multi-signal confluence strategy that combines trend, momentum, volatility, volume, and market regime analysis into one weighted composite score.
Instead of relying on a single indicator, this script evaluates 10 different factors:
EMA trend, Supertrend, MACD, RSI, ADX/DI, VWAP, Bollinger Bands, Stochastic RSI, OBV, and ATR regime activity.
Each factor contributes a bullish or bearish vote based on current market conditions. These votes are weighted and merged into a normalized composite score from -100 to +100, helping identify when market conditions are strongly aligned in one direction.
The strategy uses this score together with key trend filters to generate long and short entries:
Long trades require bullish confluence, trend confirmation, ADX strength, and active ATR regime
Short trades require bearish confluence, trend confirmation, ADX strength, and active ATR regime
Built-in ATR-based stop-loss and take-profit levels are included for risk management, while score-based exit logic helps close trades when overall confluence weakens.
Core features:
10-indicator confluence model
Weighted bullish/bearish scoring system
Composite market conviction score
Long and short trade signals
ATR-based stop loss and take profit
Score-based early exit logic
On-chart signal markers
Informational table showing live factor states
This script is designed for traders who want a broader market view rather than depending on one lagging signal. It works best as a structured confluence framework that can be optimized for different assets, timeframes, and trading styles.
A 10-factor confluence trading strategy that combines EMA, Supertrend, MACD, RSI, ADX, VWAP, Bollinger Bands, Stochastic RSI, OBV, and ATR into a single weighted score. The strategy uses this composite score to identify high-conviction long and short setups, with built-in ATR-based risk management and score-driven exits.
This strategy combines ten widely used technical indicators into a single weighted confluence model to help identify high-probability market setups. By blending trend, momentum, volatility, volume, and regime filters into one normalized score, it aims to reduce noise and avoid over-reliance on any single indicator. Entries are triggered only when multiple conditions align, while ATR-based stops, take-profit levels, and score deterioration exits help manage risk. Ideal for traders looking for a more systematic, multi-factor approach to chart analysis.
Instead of relying on a single indicator, this script evaluates 10 different factors:
EMA trend, Supertrend, MACD, RSI, ADX/DI, VWAP, Bollinger Bands, Stochastic RSI, OBV, and ATR regime activity.
Each factor contributes a bullish or bearish vote based on current market conditions. These votes are weighted and merged into a normalized composite score from -100 to +100, helping identify when market conditions are strongly aligned in one direction.
The strategy uses this score together with key trend filters to generate long and short entries:
Long trades require bullish confluence, trend confirmation, ADX strength, and active ATR regime
Short trades require bearish confluence, trend confirmation, ADX strength, and active ATR regime
Built-in ATR-based stop-loss and take-profit levels are included for risk management, while score-based exit logic helps close trades when overall confluence weakens.
Core features:
10-indicator confluence model
Weighted bullish/bearish scoring system
Composite market conviction score
Long and short trade signals
ATR-based stop loss and take profit
Score-based early exit logic
On-chart signal markers
Informational table showing live factor states
This script is designed for traders who want a broader market view rather than depending on one lagging signal. It works best as a structured confluence framework that can be optimized for different assets, timeframes, and trading styles.
A 10-factor confluence trading strategy that combines EMA, Supertrend, MACD, RSI, ADX, VWAP, Bollinger Bands, Stochastic RSI, OBV, and ATR into a single weighted score. The strategy uses this composite score to identify high-conviction long and short setups, with built-in ATR-based risk management and score-driven exits.
This strategy combines ten widely used technical indicators into a single weighted confluence model to help identify high-probability market setups. By blending trend, momentum, volatility, volume, and regime filters into one normalized score, it aims to reduce noise and avoid over-reliance on any single indicator. Entries are triggered only when multiple conditions align, while ATR-based stops, take-profit levels, and score deterioration exits help manage risk. Ideal for traders looking for a more systematic, multi-factor approach to chart analysis.
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.