Overview

Based on technical indicators from a specified timeframe (e.g., 5-minute), it displays buy/sell signals (arrows) on the current chart. It also simulates trades after a signal appears and plots a mark (a star) at the potential exit point.

Main Features

1. Buy/Sell Signal Display:
2. • Buy Signal (Up Arrow): Based on an SMA (Simple Moving Average) golden cross, combined with conditions from RSI, 200 EMA, and Bollinger Bands to identify favorable buying opportunities.
   • Sell Signal (Down Arrow): Based on an SMA dead cross, combined with conditions from RSI, 200 EMA, and Bollinger Bands to identify favorable selling opportunities.
2. Trade Simulation:
3. • After a signal, it assumes a trade is closed if any of the following conditions are met, and marks the chart with a star icon:
   • • Take Profit / Stop Loss (based on ATR and a specified Risk:Reward ratio).
     • Touching the Bollinger Bands (upper/lower bands or the middle line).
     • Exceeding the maximum holding time.
     • Breakeven and trailing stops are also calculated internally.
3. Dashboard Display:
4. • Displays a simple summary of the current market environment on the top-left of the chart, including the long-term trend (EMA), short-term trend (BB), and momentum (SMA).
4. Alert Function:
5. • Provides a sound notification when a new signal is generated.

Parameters

You can freely customize the following items in the indicator's settings:

• The timeframe used for calculations (MTF).
• The periods for the various indicators (SMA, RSI, BB, EMA).
• Trade exit rules (e.g., Risk:Reward ratio, max holding time).
• Display settings for signals and the dashboard (visibility, colors, size).