PROTECTED SOURCE SCRIPT

My Custom Indicator (Precision Trend & Signal System)

2
My Custom Indicator is a refined trend-based signal system designed to provide high-clarity entry and exit signals while maintaining a clean, distraction-free charting experience.

Built around price–trend interaction, the indicator dynamically tracks market structure using a customizable Simple Moving Average (SMA) and highlights moments where momentum shifts with intent.

Core Logic

Bullish Signal (BUY): Triggered when price decisively breaks and closes above the trend average, signaling emerging bullish strength.

Bearish Signal (SELL): Triggered when price breaks and closes below the trend average, signaling emerging bearish pressure.

These transitions often align with trend continuation, early reversals, or pullback completions, depending on market context.

Key Features

Institutional-style trend filtering using SMA logic

Clear, non-repainting BUY / SELL markers directly on the chart

Fully customizable inputs for adaptability across assets

Integrated alert conditions for automation and hands-free monitoring

Optimized for stocks, forex, crypto, indices, and commodities

Best Use Cases

Trend continuation and breakout confirmation

Momentum-based entries after consolidation

Exit timing and trade management

Higher-timeframe trend alignment with lower-timeframe execution

User Controls

Length: Adjusts trend sensitivity

Source: Selects preferred price input (close, open, etc.)

Recommended Usage

For optimal performance, use this indicator in conjunction with:

Higher-timeframe bias

Volume or momentum confirmation

Strict risk management and position sizing

⚠️ This indicator is designed as a professional decision-support tool. It does not predict price and should not be used as a standalone trading system

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.