OPEN-SOURCE SCRIPT

LiquidFusion SignalPro [CHE]

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LiquidFusion SignalPro [CHE] – Indicator Overview

The LiquidFusion SignalPro [CHE] is a powerful and sophisticated TradingView indicator designed to identify high-quality trade entries and exits. By combining seven unique sub-indicators, it provides comprehensive market analysis, ensuring traders can make informed decisions. This tool is suitable for all market conditions and supports customization to fit individual trading strategies.

Key Components (Sub-Indicators):

1. RPM (Relative Price Momentum):
- Measures cumulative price momentum over a specified period.
- Provides insights into price strength and directional bias.
- Input Customization:
- Source: Data for momentum calculation.
- Period: Length for momentum measurement.
- Resolution: Timeframe for data fetching.

2. BBO (Bull-Bear Oscillator):
- Calculates the strength of bullish or bearish momentum based on price movement and RSI conditions.
- Uses a super-smoothing technique for reliable signals.
- Customizable parameters include the oscillator's period and repainting options.

3. MACD (Moving Average Convergence Divergence):
- A classic momentum indicator for trend direction and strength.
- Provides buy/sell signals based on the crossover of the MACD line and signal line.
- Input Customization:
- Fast/Slow EMA Periods.
- Signal Line Period.
- Resolution and Source Data.

4. RSI (Relative Strength Index):
- Tracks overbought and oversold conditions.
- A key tool to validate trend continuation or reversals.
- Customizable period, resolution, and source.

5. CCI (Commodity Channel Index):
- Measures the deviation of price from its average.
- Useful for identifying cyclical trends.
- Input Customization includes period, resolution, and source.

6. Stochastic Oscillator:
- Indicates momentum by comparing closing prices to a range of highs and lows.
- Includes smoothing factors for %K and %D lines.
- Customizable parameters:
- %K Length and Smoothing.
- Resolution and Repainting Options.

7. Supertrend:
- A trailing stop-and-reverse system for trend-following strategies.
- Excellent for identifying strong trends and potential reversals.
- Inputs include the multiplier factor and period for ATR-like calculations.

Inputs Overview:

The indicator supports extensive customization for each sub-indicator, grouped under intuitive categories:
- Color Settings: Define bullish and bearish plot colors.
- RPM, BBO, MACD, RSI, CCI, Stochastic, and Supertrend Settings: Tailor each sub-indicator's behavior with adjustable parameters.
- UI Options: Toggle features such as bar coloring, indicator names, and plotted candles.

Trade Signals:

- Long Signal:
- All indicators align in a bullish state:
- RPM > 0, MACD > 0, RSI > 50, Stochastic > 50, CCI > 0, BBO > 0, Supertrend below price.
- Plot: Green triangle below the candle.
- Alert: Notifies the trader of a potential long entry.

- Short Signal:
- All indicators align in a bearish state:
- RPM < 0, MACD < 0, RSI < 50, Stochastic < 50, CCI < 0, BBO < 0, Supertrend above price.
- Plot: Red triangle above the candle.
- Alert: Notifies the trader of a potential short entry.

Features:

- Enhanced Visuals: Plots sub-indicator statuses using labels and color-coded shapes for clarity.
- Alerts: Integrated alert conditions for both long and short trades.
- Bar Coloring: Provides overall trend bias with green (bullish), red (bearish), or gray (neutral) bars.
- Customizable Table: Displays the indicator's status in the chart’s top-right corner.

Trading Benefits:

The LiquidFusion SignalPro [CHE] excels in generating high-quality entries and exits by:
- Reducing noise through multiple indicator alignment.
- Supporting multiple timeframes and resolutions for flexibility.
- Offering customizable inputs for personalized trading strategies.

Use this tool to enhance your market analysis and improve your trading performance.

Disclaimer:

The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.

Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.

By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.

This indicator is inspired by the Super 6x Indicators: RSI, MACD, Stochastic, Loxxer, CCI, and Velocity [Loxx]. A special thanks to Loxx for their relentless effort, creativity, and contributions to the TradingView community, which served as a foundation for this work.
Super 6x: RSI, MACD, Stoch, Loxxer, CCI, & Velocity [Loxx]


Happy trading and best regards

Chervolino
ملاحظات الأخبار
Bugfix 1.0 label and color managment
ملاحظات الأخبار
Label Color change from white to black
ملاحظات الأخبار
Improvements in the New Version

Additional Buy/Sell Signal Colors:
The new version introduces separate color options for buy and sell signals (buySignalColor, sellSignalColor), providing better visual differentiation between entry conditions.

MACD Signal Selector:
A new option allows the user to choose between using the MACD line or the histogram as the signal (macdSignalSelector). This adds flexibility for users who prefer different MACD components in their strategy.

Flexible Indicator Level Positions:
The new script introduces inputs for the starting level and the distance between levels (start_level, level_distance). This makes the indicator placement on the chart more customizable compared to the fixed Y-positions in the old version.

Improved Entry Signal Visualization:
The new version uses dedicated buy/sell signal colors for long and short entries, making it easier to distinguish them on the chart. The old version used the same general bullish/bearish colors for this purpose.

Enhanced Flexibility in Display Settings:
Inputs like start_level and level_distance provide users with better control over chart layout, ensuring the indicator adapts to different chart configurations.

Streamlined Alerts:
With better-defined entry signal colors and flexibility, the alert system in the new version aligns more clearly with the visual signals, improving usability.
ملاحظات الأخبار
Add the trendline option
Chart patternssentimentTrend Analysis

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