PROTECTED SOURCE SCRIPT
AlphaShell Indicator
AlphaShell integrates key technical elements such as Exponential Moving Averages (EMAs), Relative Strength Index (RSI), Volume analysis, and the Average Directional Index (ADX). The indicator's unique strength lies in its ability to assess the confluence of these diverse factors, dynamically weighing their combined strength to validate potential trend continuations or reversals.
AlphaShell doesn't tell you to buy or sell - it alerts you to high-probability setups that match your analytical framework, allowing you to make informed decisions based on your own strategy.
Core Features:
Combines EMA trend, RSI strength, volume spikes, break of structure, fair value gaps, CVC momentum, and more for comprehensive analysis.
VWAP max distance filter blocks trades too far from VWAP, cooldown system prevents signal spam, EMA velocity detects breakout acceleration.
Prevents same-side signals from repeating until an opposite signal occurs, ensuring clean and reliable trade entries.
Green triangles for high-probability long entries, Red triangles for high-probability short entries with clean visual overlays.
AlphaShell doesn't tell you to buy or sell - it alerts you to high-probability setups that match your analytical framework, allowing you to make informed decisions based on your own strategy.
Core Features:
Combines EMA trend, RSI strength, volume spikes, break of structure, fair value gaps, CVC momentum, and more for comprehensive analysis.
VWAP max distance filter blocks trades too far from VWAP, cooldown system prevents signal spam, EMA velocity detects breakout acceleration.
Prevents same-side signals from repeating until an opposite signal occurs, ensuring clean and reliable trade entries.
Green triangles for high-probability long entries, Red triangles for high-probability short entries with clean visual overlays.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
@TurttleTrader
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
@TurttleTrader
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.