Enhanced Multi-Indicator Strategy

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Enhanced Multi-Indicator Strategy v7 is a trend-following confirmation tool that combines several classic indicators into one clear “voting system.”
Instead of relying on a single signal, this script counts how many indicators agree on a bullish or bearish bias and only fires when the majority lines up and the trend is strong.

It’s designed to help you:

Filter out low-quality signals

Avoid trading against the dominant trend

Get clean, one-time BUY/SELL markers instead of noisy spam signals

How it Works

The indicator evaluates up to 10 components on each bar:

Trend & Structure

Moving Average (MA 50)

EMA Fast (20) vs EMA Slow (50)

Momentum

RSI (14)

MACD (12/26/9)

KDJ

Volatility & Price Location

Bollinger Bands (20, 2)

VWAP

Volume

Volume vs Volume MA (20)

Trend Strength & Direction

ADX + DMI (trend strength and up/down direction)

Optional

Ichimoku Cloud (price vs Senkou A/B)

Each indicator votes bullish or bearish.
The script then:

Counts how many are bullish → bullish_count

Counts how many are bearish → bearish_count

Requires at least Min Indicators for Entry (user-defined) to agree in one direction

Requires ADX above a threshold (default 20) to confirm trend strength

(Optionally) forces entries to follow the DMI trend:

Longs only in uptrends

Shorts only in downtrends

Only when these conditions are met does the script consider a valid long zone or short zone.

Signals: 1x Fire + Cooldown

To keep the chart clean and prevent over-trading:

A BUY arrow is plotted only on the first bar when price enters a new bullish zone.

A SELL arrow is plotted only on the first bar when price enters a new bearish zone.

A cooldown (in bars) can be configured separately for BUY and SELL so the script will not fire again in the same direction too frequently.

Background colors (optional):

Green background = bullish zone (majority indicators bullish + strong trend)

Red background = bearish zone (majority indicators bearish + strong trend)

This makes it easy to see when the “environment” is favorable for longs or shorts, while the arrows highlight the first opportunity in each zone.

Inputs & Tuning

Key inputs:

Min Indicators for Entry – how many indicators must agree (e.g. 5–7 for stricter filtering)

Strict Trend Filter – if enabled, entries must follow DMI trend (recommended for trend-following)

Cooldown BUY / SELL – minimum number of bars before a new signal in the same direction

Toggles to enable/disable each component (MA, EMA, RSI, MACD, KDJ, BB, Volume, VWAP, ADX, Ichimoku)

General ideas:

Increase Min Indicators for Entry and/or cooldown to reduce the number of signals and focus on stronger trends.

Lower values will make the indicator more active, suitable for shorter-term trading or scalping.

Important Note

This is an indicator, not a full trading system:

It does not manage entries/exits, position sizing, or risk by itself.

Always combine it with your own risk management, stop-loss / take-profit rules, and higher-timeframe context.

Use it as a confirmation / regime tool:

Trade only in the direction of the active zone,

Take BUY signals during bullish regimes,

Take SELL signals during bearish regimes.

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Informacje o Wersji

Add structure pivot. More clean and clear.