OPEN-SOURCE SCRIPT
Swing Confluence Pro
Confluence Scoring (1-4): Each bar gets scored based on how many of these align — EMA trend, MACD momentum, RSI direction, and volume surge. You control the minimum score needed to trigger a signal (default 3/4).
Key features:
Green/red arrows with intensity based on signal strength (4/4 = brightest)
Auto-calculated SL and TP1/TP2 levels using ATR, plotted as horizontal lines that persist until hit
Duplicate signal prevention — won't spam buy arrows, waits for a sell before the next buy
All parameters are customizable in the settings panel
Key features:
Green/red arrows with intensity based on signal strength (4/4 = brightest)
Auto-calculated SL and TP1/TP2 levels using ATR, plotted as horizontal lines that persist until hit
Duplicate signal prevention — won't spam buy arrows, waits for a sell before the next buy
All parameters are customizable in the settings panel
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.