Simple ENV by Maninder

2시간 전

🚀 New Trading Script: Simple ENV by Maninder 📈

Hey traders! I’m excited to share my latest TradingView script: Simple ENV by Maninder. This strategy brings together EMA Envelopes and a modified RSI to help you spot key market moves with confidence. It’s designed for both trend-followers and swing traders who want a balanced approach to identifying buy and sell signals.

✨ What’s Inside:
EMA Envelope: Tracks market trends using smooth, customizable EMA-based envelopes.
RSI with a Twist: Overbought and oversold conditions are fine-tuned for better timing and clarity.
Smart Buy & Sell Alerts:
Buy Signal: Triggers when the price breaks above the EMA envelope with a noticeable boost in momentum.
Sell Signals: Multiple conditions to ensure timely exits, including percentage drops and price rejections.
Volume & Price Spikes: Highlights big moves in volume and price changes, so you don’t miss potential breakouts.
Wedge Detection: Spots rising and falling wedge patterns for early breakout signals.
Narrow Range Bars: Automatically identifies consolidation zones, perfect for spotting potential breakouts.
💡 How It Works:
This script uses EMA Envelopes as dynamic support and resistance levels. Buy and sell signals are based on flexible, user-defined conditions, making them adaptable to different market environments. The script also plots swing highs and lows based on RSI readings and highlights significant volume and price changes.

🔧 Fully Customizable: You can tweak the EMA length, RSI settings, percentage thresholds, and more to fit your unique trading style.

📈 Give It a Try!
Check it out on TradingView, test it with your favorite charts, and give me your feedback. If you find it helpful, don’t forget to like, save, and share it with your trading community!

Happy trading and good luck! 🛠💹