OPEN-SOURCE SCRIPT
Updated Trend following system with ADR and volume

System 1 — Trend Flip Strategy
System 1 is a simple trend-following strategy that enters on a bullish EMA flip and exits when the trend weakens or reverses. It’s built to catch clean moves and avoid chop.
Uses fast and slow EMAs with ATR filtering to detect real momentum
Enters long on a bullish flip
Exits on a bearish flip or neutral zone (optional)
Clear signals with easy-to-read entry and exit markers
Great for trending markets and momentum setups
Tip: Test across multiple timeframes and pair with volume or higher-timeframe confluence for stronger signals.
System 1 is a simple trend-following strategy that enters on a bullish EMA flip and exits when the trend weakens or reverses. It’s built to catch clean moves and avoid chop.
Uses fast and slow EMAs with ATR filtering to detect real momentum
Enters long on a bullish flip
Exits on a bearish flip or neutral zone (optional)
Clear signals with easy-to-read entry and exit markers
Great for trending markets and momentum setups
Tip: Test across multiple timeframes and pair with volume or higher-timeframe confluence for stronger signals.
Release Notes
System 1 — Trend Flip StrategySystem 1 is a simple trend-following strategy that enters on a bullish EMA flip and exits when the trend weakens or reverses. It’s built to catch clean moves and avoid chop.
Uses fast and slow EMAs with ATR filtering to detect real momentum
Enters long on a bullish flip
Exits on a bearish flip or neutral zone (optional)
Clear signals with easy-to-read entry and exit markers
Great for trending markets and momentum setups
Release Notes
System 1 — Trend Flip StrategySystem 1 is a simple trend-following strategy that enters on a bullish EMA flip and exits when the trend weakens or reverses. It’s built to catch clean moves and avoid chop.
Uses fast and slow EMAs with ATR filtering to detect real momentum
Enters long on a bullish flip
Exits on a bearish flip or neutral zone (optional)
Clear signals with easy-to-read entry and exit markers
Great for trending markets and momentum setups
Tip: Test across multiple timeframes and pair with volume or higher-timeframe confluence for stronger signals.
Release Notes
System 1 — Daily ScreenerSystem 1 (Daily) is a trend-following screener indicator designed to quickly find assets showing strong bullish momentum, high volatility, and sufficient liquidity — all from a single scan.
🧭 How it works:
EMA Trend Flip — Signals when the fast EMA breaks above the slow EMA with an ATR-based buffer to reduce chop.
ATR% Filter — Displays the average true range as a percentage of price, helping you find assets with meaningful movement.
$ Volume Filter — Shows average daily dollar volume over the past 20 days for liquidity screening.
Days Since Long Trigger — Lets you filter by how recently a long signal occurred (e.g. “Below 5” to see assets that triggered in the last 5 days).
📊 Screener Columns:
✅ LongSignal_1or0 → 1 = currently in a long trend
📈 ATR20_pct → average daily ATR as a % of price
💰 ADDV20 → 20-day average daily dollar volume
⏳ BarsSinceLong → number of days since the last long signal
💡 Use Cases:
Find breakouts early in their momentum phase.
Filter for high volatility and liquid assets.
Build a focused daily watchlist with real momentum behind it.
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.