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
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⚠️ 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
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💡 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.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.