OPEN-SOURCE SCRIPT
Creflo C's BS Detector
✅ Buy Signal Triggers when:
All of the following conditions are simultaneously true:
close > ema5 → price is rising short-term.
ema10 > ema21 → near-term trend is bullish.
close > ema50 → confirms medium-term support.
close > ema200 → confirms long-term trend is up.
rsi > sma(rsi, 2) → momentum is rising.
close >= 85% of the 104-week high → shows strength relative to 2-year high.
stockPerf > benchPerf OR ticker is SPY
(Stock has outperformed the S&P 500 over the past 60 days.)
AND
It’s been at least 7 bars since the last buy signal unless the last signal was a sell.
❌ Sell Signal Triggers when any of the following is true:
close < chandelierExit
Trailing stop using:
21-bar high - (3 × ATR21)
close < ema21 → loss of short-term support.
close < ema50 → break of medium-term trend.
close < ema200 → long-term trend violation.
AND
It’s been at least 7 bars since the last sell signal unless the last signal was a buy.
All of the following conditions are simultaneously true:
close > ema5 → price is rising short-term.
ema10 > ema21 → near-term trend is bullish.
close > ema50 → confirms medium-term support.
close > ema200 → confirms long-term trend is up.
rsi > sma(rsi, 2) → momentum is rising.
close >= 85% of the 104-week high → shows strength relative to 2-year high.
stockPerf > benchPerf OR ticker is SPY
(Stock has outperformed the S&P 500 over the past 60 days.)
AND
It’s been at least 7 bars since the last buy signal unless the last signal was a sell.
❌ Sell Signal Triggers when any of the following is true:
close < chandelierExit
Trailing stop using:
21-bar high - (3 × ATR21)
close < ema21 → loss of short-term support.
close < ema50 → break of medium-term trend.
close < ema200 → long-term trend violation.
AND
It’s been at least 7 bars since the last sell signal unless the last signal was a buy.
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.