OPEN-SOURCE SCRIPT
Ceres Trader Simple Trend & Momentum Signals
Ceres Trader – Simple Trend & Momentum Signals
Description:
Cut through chart noise with a lightweight, two-factor signal system that combines a classic trend filter (200 EMA) with momentum confirmation (smoothed RSI as a QQE proxy). This indicator plots clean entry arrows—no background shading, no clutter—so you can trade only in the high-probability regime:
Trend Filter: 200-period exponential moving average
Momentum Filter: RSI(14) smoothed over N bars, offset by 50 to create a zero-line
Long Entry: Price above the 200 EMA and the smoothed RSI crosses up through zero → green up-arrow below bar
Short Entry: Price below the 200 EMA and the smoothed RSI crosses down through zero → red down-arrow above bar
Key Features:
Minimalist display: only the 200 EMA and entry arrows
Customizable inputs: EMA length, RSI length, RSI smoothing period
Ultra-low CPU load: suitable for lower timeframes (e.g. 1 min gold futures)
Yellow label text: for optimal visibility on dark or light chart backgrounds
How to Use:
Add the script to your TradingView chart.
Choose your timeframe and adjust inputs as needed.
Take only the long signals when price is above the EMA, and only the short signals when price is below.
Place stops just beyond the EMA; targets can be measured swings or fixed R-multiples.
Notes:
Designed as a regime-based entry filter—no exits or background fills included.
Feel free to combine with your own stop-loss, take-profit, and money-management rules.
Trade smarter, not harder—let the market tell you only when both trend and momentum align.
Description:
Cut through chart noise with a lightweight, two-factor signal system that combines a classic trend filter (200 EMA) with momentum confirmation (smoothed RSI as a QQE proxy). This indicator plots clean entry arrows—no background shading, no clutter—so you can trade only in the high-probability regime:
Trend Filter: 200-period exponential moving average
Momentum Filter: RSI(14) smoothed over N bars, offset by 50 to create a zero-line
Long Entry: Price above the 200 EMA and the smoothed RSI crosses up through zero → green up-arrow below bar
Short Entry: Price below the 200 EMA and the smoothed RSI crosses down through zero → red down-arrow above bar
Key Features:
Minimalist display: only the 200 EMA and entry arrows
Customizable inputs: EMA length, RSI length, RSI smoothing period
Ultra-low CPU load: suitable for lower timeframes (e.g. 1 min gold futures)
Yellow label text: for optimal visibility on dark or light chart backgrounds
How to Use:
Add the script to your TradingView chart.
Choose your timeframe and adjust inputs as needed.
Take only the long signals when price is above the EMA, and only the short signals when price is below.
Place stops just beyond the EMA; targets can be measured swings or fixed R-multiples.
Notes:
Designed as a regime-based entry filter—no exits or background fills included.
Feel free to combine with your own stop-loss, take-profit, and money-management rules.
Trade smarter, not harder—let the market tell you only when both trend and momentum align.
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.
Message Me to Join My Private, Premium Telegram Signals Channel. Also available for private coaching and trading sessions. t.me/CeresTraderSignals
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.
Message Me to Join My Private, Premium Telegram Signals Channel. Also available for private coaching and trading sessions. t.me/CeresTraderSignals
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.