OPEN-SOURCE SCRIPT
MEGA_Long/Short
📊 MTF Entry Signal (with L/S Labels)
A clean and compact multi-timeframe entry point indicator for TradingView. Shows clear entry signals for LONG and SHORT trades directly on the chart, with markers and letters for quick decision-making.
🎯 Key Features:
Dual timeframe analysis: Choose main and fast timeframes (default: 30m and 4h).
Entry signals:
🟢 Green triangle + "L" — LONG entry (Buy signal)
🔴 Red triangle + "S" — SHORT entry (Sell signal)
Signal only at true trend reversals – No excessive markers or noise.
Markers move dynamically with price – Always match the candlestick and chart movement.
⚙️ Signal Criteria:
LONG: EMA9 > EMA21 and MACD > 0, confirmed on both selected timeframes.
SHORT: EMA9 < EMA21 and MACD < 0, confirmed on both selected timeframes.
Entry marker appears only when signal direction changes.
🔧 Settings:
Manually select fast/main timeframes in the indicator menu (recommended: 30m + 4h).
Marker size set to minimal (size=tiny) for maximum clarity.
📈 Usage:
Designed for clean, non-overloaded charts.
Works perfectly for trend trading, reversals, and entry confirmation.
Suitable for scalping, swing trading, and crypto/futures analysis.
A clean and compact multi-timeframe entry point indicator for TradingView. Shows clear entry signals for LONG and SHORT trades directly on the chart, with markers and letters for quick decision-making.
🎯 Key Features:
Dual timeframe analysis: Choose main and fast timeframes (default: 30m and 4h).
Entry signals:
🟢 Green triangle + "L" — LONG entry (Buy signal)
🔴 Red triangle + "S" — SHORT entry (Sell signal)
Signal only at true trend reversals – No excessive markers or noise.
Markers move dynamically with price – Always match the candlestick and chart movement.
⚙️ Signal Criteria:
LONG: EMA9 > EMA21 and MACD > 0, confirmed on both selected timeframes.
SHORT: EMA9 < EMA21 and MACD < 0, confirmed on both selected timeframes.
Entry marker appears only when signal direction changes.
🔧 Settings:
Manually select fast/main timeframes in the indicator menu (recommended: 30m + 4h).
Marker size set to minimal (size=tiny) for maximum clarity.
📈 Usage:
Designed for clean, non-overloaded charts.
Works perfectly for trend trading, reversals, and entry confirmation.
Suitable for scalping, swing trading, and crypto/futures analysis.
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.