OPEN-SOURCE SCRIPT
Simple 1H Buy/Sell System - EMA + Supertrend + RSI By Gerard Dak
The simple 1H buy/sell indicator is a trend-following system designed to remove noise and only trigger trades when momentum, trend direction, and market structure align together.
Core logic:
Uses a fast EMA and slow EMA to identify the main trend
Uses RSI as a momentum filter to avoid weak setups
Uses ATR filtering to avoid low-volatility chop
Generates BUY signals only when:
Fast EMA crosses above slow EMA
RSI confirms bullish momentum
Price is above trend structure
Generates SELL signals only when:
Fast EMA crosses below slow EMA
RSI confirms bearish momentum
Price is below trend structure
The goal is:
Fewer fake signals
Cleaner entries
Better trend continuation trades
Easier visual interpretation on the 1-hour timeframe
Best market conditions:
Trending markets
NAS100, QQQ, SPY, BTC, major forex pairs
High-volume sessions (London/New York)
Avoid using it:
During sideways consolidation
Right before major news events
In extremely low volatility
Recommended 1H settings:
Fast EMA: 21
Slow EMA: 50
RSI Length: 14
RSI Buy Threshold: Above 55
RSI Sell Threshold: Below 45
ATR Filter: Enabled
Signal philosophy:
The indicator intentionally sacrifices early entries in exchange for higher-quality confirmation. It will not catch exact tops or bottoms. Instead, it tries to catch the “meat” of the move with fewer bad trades.
What makes it effective:
Multi-confirmation filtering
Trend + momentum alignment
Noise reduction
Prevents overtrading
Expected behavior:
Strong trends → excellent signals
Choppy markets → fewer signals (by design)
Win rate can be high if combined with:
Higher timeframe trend confirmation
Support/resistance
Volume analysis
Avoiding news spikes
A typical BUY setup on 1H:
Price consolidates
21 EMA crosses above 50 EMA
RSI moves above 55
Candle closes bullish above both EMAs
BUY signal appears
A typical SELL setup is the exact opposite.
The biggest mistake traders make with these systems is taking every signal blindly. The highest probability trades happen when:
4H trend agrees with 1H
Market is not overextended
Core logic:
Uses a fast EMA and slow EMA to identify the main trend
Uses RSI as a momentum filter to avoid weak setups
Uses ATR filtering to avoid low-volatility chop
Generates BUY signals only when:
Fast EMA crosses above slow EMA
RSI confirms bullish momentum
Price is above trend structure
Generates SELL signals only when:
Fast EMA crosses below slow EMA
RSI confirms bearish momentum
Price is below trend structure
The goal is:
Fewer fake signals
Cleaner entries
Better trend continuation trades
Easier visual interpretation on the 1-hour timeframe
Best market conditions:
Trending markets
NAS100, QQQ, SPY, BTC, major forex pairs
High-volume sessions (London/New York)
Avoid using it:
During sideways consolidation
Right before major news events
In extremely low volatility
Recommended 1H settings:
Fast EMA: 21
Slow EMA: 50
RSI Length: 14
RSI Buy Threshold: Above 55
RSI Sell Threshold: Below 45
ATR Filter: Enabled
Signal philosophy:
The indicator intentionally sacrifices early entries in exchange for higher-quality confirmation. It will not catch exact tops or bottoms. Instead, it tries to catch the “meat” of the move with fewer bad trades.
What makes it effective:
Multi-confirmation filtering
Trend + momentum alignment
Noise reduction
Prevents overtrading
Expected behavior:
Strong trends → excellent signals
Choppy markets → fewer signals (by design)
Win rate can be high if combined with:
Higher timeframe trend confirmation
Support/resistance
Volume analysis
Avoiding news spikes
A typical BUY setup on 1H:
Price consolidates
21 EMA crosses above 50 EMA
RSI moves above 55
Candle closes bullish above both EMAs
BUY signal appears
A typical SELL setup is the exact opposite.
The biggest mistake traders make with these systems is taking every signal blindly. The highest probability trades happen when:
4H trend agrees with 1H
Market is not overextended
Skrypt open-source
W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.
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Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
Skrypt open-source
W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.