OPEN-SOURCE SCRIPT
업데이트됨 Trend Confluence Filter
Trend Confluence Filter
This is scripted to combine multiple separate indicators — moving average alignment, VWAP, and yesterday's levels — that are often used together into a single overlay, each with adjustable inputs.
What's on the chart:
Session VWAP — Primary signal and institutional reference
EMA 9 / 21 ribbon — 9 and 21 EMA lines with a green/red dynamic ribbon that flips from green or red when EMA is 9/21 or 21/9
SMA 20 / 50 / 200 — Long-term structure at a glance
Yesterday's high, low, and close — Benchmark reference
Dashboard table — Color-coded based on current price vs. each MA and VWAP
Signals:
Bullish: SMAs stacked up 20/50/200, 1-5M (Intraday) or 15M (Swing) candle closing above the VWAP with a green ribbon, very bullish on an expanding ribbon (9 EMA trending up more strongly than the 21)
Bearish: Mirror the above
Trade in the direction of the SMA stack. Take the pullback signal when it holds near VWAP or a prior-day level — that confluence is part of the whole idea.
No advanced logic or PT's/SL's built in to keep it simpler and more generalized.
Script by // © TylerisTrading
This is scripted to combine multiple separate indicators — moving average alignment, VWAP, and yesterday's levels — that are often used together into a single overlay, each with adjustable inputs.
What's on the chart:
Session VWAP — Primary signal and institutional reference
EMA 9 / 21 ribbon — 9 and 21 EMA lines with a green/red dynamic ribbon that flips from green or red when EMA is 9/21 or 21/9
SMA 20 / 50 / 200 — Long-term structure at a glance
Yesterday's high, low, and close — Benchmark reference
Dashboard table — Color-coded based on current price vs. each MA and VWAP
Signals:
Bullish: SMAs stacked up 20/50/200, 1-5M (Intraday) or 15M (Swing) candle closing above the VWAP with a green ribbon, very bullish on an expanding ribbon (9 EMA trending up more strongly than the 21)
Bearish: Mirror the above
Trade in the direction of the SMA stack. Take the pullback signal when it holds near VWAP or a prior-day level — that confluence is part of the whole idea.
No advanced logic or PT's/SL's built in to keep it simpler and more generalized.
Script by // © TylerisTrading
릴리즈 노트
Trend Confluence Filter combines multiple trend-following and market structure tools into a single clean overlay, helping traders quickly identify high-probability pullback opportunities at a quick glance by color-coding each level.The indicator plots a complete trend framework using the 20, 50, and 200 SMAs, 9 and 21 EMAs, session VWAP, and key previous-day levels (High, Low, and Close). A bullish trend is defined by a stacked SMA structure (20 > 50 > 200), while a bearish trend requires the inverse alignment.
An EMA ribbon between the 9 and 21 EMAs visually highlights short-term momentum, changing color based on trend direction. The indicator also monitors price interaction with the VWAP/SMA20 confluence area and generates pullback signals when price retraces into this zone and resumes in the direction of the prevailing trend.
Features include:
• 20, 50, and 200 SMA trend stack visualization
• 9/21 EMA crossover ribbon with dynamic bullish/bearish shading
• Session VWAP for intraday bias and mean value reference
• Previous Day High, Low, and Close levels
• Bullish and bearish pullback entry signals based on trend confluence
• Customizable colors and display settings
• Real-time dashboard showing price position relative to all key averages and VWAP
• Built-in alert function for EMA crossovers and price/VWAP crossovers
This indicator is designed for trend traders seeking objective confluence between moving averages, VWAP, and market structure to improve trade selection and directional bias.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
// © TylerisTrading
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
// © TylerisTrading
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.