OPEN-SOURCE SCRIPT
Creflo C's BS Detector
✅ Buy Signal Triggers when:
All of the following conditions are true:
📈 close > ema5 — price is above the short-term trend.
🔁 ema10 > ema21 — confirms near-term bullish momentum.
📊 close > ema50 — strong medium-term trend.
🏗️ close > ema200 — long-term trend is bullish.
💪 RSI > sma(RSI, 2) — momentum is increasing.
🏔️ close >= 85% of the 104-week high — stock is near its 2-year highs.
⚔️ (60-bar performance > SPY's 60-bar performance) — stock is outperforming the market.
⏱️ It's been at least 21 bars since the last signal — you’re clear to fire again.
❌ Sell Signal Triggers when any one of the following is true:
🚨 close < chandelierExit
Defined as 21-bar high - (3 × ATR(21))
This is a trailing stop based on volatility.
❌ close < ema21 — loss of short-term support.
⚠️ close < ema50 — medium-term trend breakdown.
💀 close < ema200 — long-term trend cracked.
AND:
⏱️ It's been at least 21 bars since the last signal
All of the following conditions are true:
📈 close > ema5 — price is above the short-term trend.
🔁 ema10 > ema21 — confirms near-term bullish momentum.
📊 close > ema50 — strong medium-term trend.
🏗️ close > ema200 — long-term trend is bullish.
💪 RSI > sma(RSI, 2) — momentum is increasing.
🏔️ close >= 85% of the 104-week high — stock is near its 2-year highs.
⚔️ (60-bar performance > SPY's 60-bar performance) — stock is outperforming the market.
⏱️ It's been at least 21 bars since the last signal — you’re clear to fire again.
❌ Sell Signal Triggers when any one of the following is true:
🚨 close < chandelierExit
Defined as 21-bar high - (3 × ATR(21))
This is a trailing stop based on volatility.
❌ close < ema21 — loss of short-term support.
⚠️ close < ema50 — medium-term trend breakdown.
💀 close < ema200 — long-term trend cracked.
AND:
⏱️ It's been at least 21 bars since the last signal
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.
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.