OPEN-SOURCE SCRIPT
Updated MIT
Multiple Indicator Template : In progress :
SAR
Golden cross
SAR
Golden cross
Release Notes
This script combines multiple powerful indicators to generate buy signals and exit points based on momentum and trend analysis:Buy signals are triggered when the Squeeze Momentum (SQZMOM) indicates bullish momentum, confirmed by a MACD bullish crossover and price above the Parabolic SAR.
Exits are signaled when the RSI crosses above a specified exit threshold (default 75), helping lock in profits or cut losses.
Tracks multiple simultaneous trades, showing detailed exit labels with individual trade % changes.
Calculates and displays key trading statistics in real-time: total trades, win rate, average profit/loss %, and maximum drawdown.
Includes a cooldown period between entries to avoid overtrading.
Minimal chart clutter — only buy/exit labels and a stats table are shown.
Release Notes
Added total PnL to stat tableOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.