PROTECTED SOURCE SCRIPT
Trend4friend
📊 MACD 200 EMA Confirmation Filter [Stable + WR + ADX]
This indicator is designed as a trend-following confirmation tool, combining MACD momentum, 200 EMA trend direction, and optional filters to produce high-quality buy and sell signals.
It is built for traders who want structured, rule-based entries rather than overcomplicated or repainting systems.
⚙️ Core Strategy Logic
The indicator generates signals based on the alignment of:
Trend Direction (200 EMA)
Only BUY above EMA
Only SELL below EMA
MACD Cross
Bullish crossover = potential BUY
Bearish crossunder = potential SELL
Momentum Position (Zero Line Filter)
BUY signals occur below zero → early trend continuation
SELL signals occur above zero → early bearish continuation
This ensures entries are not random, but aligned with trend + momentum structure.
🔍 Optional Confirmations (Customizable)
You can enable/disable filters depending on your trading style:
✅ RSI Confirmation
Filters weak momentum setups
Default zones:
BUY above ~45
SELL below ~55
✅ Candle Strength Filter
Ensures strong-bodied candles (momentum entries)
Optional “break previous candle” logic
✅ ADX Trend Strength Filter
Avoids choppy markets
Only trades when trend strength exceeds threshold
✅ Higher Timeframe Bias (HTF)
Aligns lower timeframe entries with higher timeframe direction
Modes:
Bias Only → avoids opposite trades
Strict → only trades with HTF trend
📈 Built-in Win Rate Tracking
The script includes a live performance dashboard (bottom-right of chart):
Buy Win Rate
Sell Win Rate
Sample Size
ADX strength
DMI direction
Two evaluation modes:
Fixed Bars → evaluates outcome after X candles
Target/Stop (ATR-based) → simulates RR trades
This allows you to objectively measure strategy performance, not guess.
📦 Optional Position Boxes
You can enable visual trade boxes showing:
Entry
Stop Loss
Take Profit
Fully customizable:
ATR-based or fixed price distance
Adjustable RR (default 1:1.5)
Toggle labels and entry lines
🎯 Best Use Cases
This indicator performs best in:
Trending markets
Pullback continuation setups
Intraday scalping (1m–15m)
Swing continuation (15m–1H)
Avoid using it alone in:
Sideways/choppy markets (unless ADX filter enabled)
🧠 How to Trade It (Simple Workflow)
Wait for signal (BUY / SELL)
Confirm:
Trend direction (EMA)
Momentum (MACD)
Optional filters (RSI / ADX)
Enter on signal candle or slight pullback
Use RR (e.g. 1:1.5 or 1:2)
⚠️ Notes
This is a non-repainting indicator
Win rate depends on market conditions and settings
Designed as a confirmation tool, not a standalone “holy grail”
🚀 Summary
This indicator provides:
Clean, structured signals
Strong trend alignment
Built-in performance tracking
Flexible filtering system
A solid base for traders looking to refine entries and improve consistency.
This indicator is designed as a trend-following confirmation tool, combining MACD momentum, 200 EMA trend direction, and optional filters to produce high-quality buy and sell signals.
It is built for traders who want structured, rule-based entries rather than overcomplicated or repainting systems.
⚙️ Core Strategy Logic
The indicator generates signals based on the alignment of:
Trend Direction (200 EMA)
Only BUY above EMA
Only SELL below EMA
MACD Cross
Bullish crossover = potential BUY
Bearish crossunder = potential SELL
Momentum Position (Zero Line Filter)
BUY signals occur below zero → early trend continuation
SELL signals occur above zero → early bearish continuation
This ensures entries are not random, but aligned with trend + momentum structure.
🔍 Optional Confirmations (Customizable)
You can enable/disable filters depending on your trading style:
✅ RSI Confirmation
Filters weak momentum setups
Default zones:
BUY above ~45
SELL below ~55
✅ Candle Strength Filter
Ensures strong-bodied candles (momentum entries)
Optional “break previous candle” logic
✅ ADX Trend Strength Filter
Avoids choppy markets
Only trades when trend strength exceeds threshold
✅ Higher Timeframe Bias (HTF)
Aligns lower timeframe entries with higher timeframe direction
Modes:
Bias Only → avoids opposite trades
Strict → only trades with HTF trend
📈 Built-in Win Rate Tracking
The script includes a live performance dashboard (bottom-right of chart):
Buy Win Rate
Sell Win Rate
Sample Size
ADX strength
DMI direction
Two evaluation modes:
Fixed Bars → evaluates outcome after X candles
Target/Stop (ATR-based) → simulates RR trades
This allows you to objectively measure strategy performance, not guess.
📦 Optional Position Boxes
You can enable visual trade boxes showing:
Entry
Stop Loss
Take Profit
Fully customizable:
ATR-based or fixed price distance
Adjustable RR (default 1:1.5)
Toggle labels and entry lines
🎯 Best Use Cases
This indicator performs best in:
Trending markets
Pullback continuation setups
Intraday scalping (1m–15m)
Swing continuation (15m–1H)
Avoid using it alone in:
Sideways/choppy markets (unless ADX filter enabled)
🧠 How to Trade It (Simple Workflow)
Wait for signal (BUY / SELL)
Confirm:
Trend direction (EMA)
Momentum (MACD)
Optional filters (RSI / ADX)
Enter on signal candle or slight pullback
Use RR (e.g. 1:1.5 or 1:2)
⚠️ Notes
This is a non-repainting indicator
Win rate depends on market conditions and settings
Designed as a confirmation tool, not a standalone “holy grail”
🚀 Summary
This indicator provides:
Clean, structured signals
Strong trend alignment
Built-in performance tracking
Flexible filtering system
A solid base for traders looking to refine entries and improve consistency.
Mã được bảo vệ
Tập lệnh này được đăng dưới dạng mã nguồn đóng. Tuy nhiên, bạn có thể sử dụng tự do và không giới hạn – tìm hiểu thêm tại đây.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Mã được bảo vệ
Tập lệnh này được đăng dưới dạng mã nguồn đóng. Tuy nhiên, bạn có thể sử dụng tự do và không giới hạn – tìm hiểu thêm tại đây.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.