RSI & MACD Dynamic Take-Profit Strategy for TradingView (Pine Script v5)
RSI & MACD Dynamic Take-Profit Strategy
For TradingView · Pine Script v5 · No Multi-Timeframe Scanning Required · Adaptive Trailing System
Overview
This is an advanced trading strategy that blends multiple signals into a unified framework. It’s designed to follow price momentum and make exit decisions based on evolving conditions. The logic is efficient and avoids redundant operations across timeframes, making it suitable for both backtesting and live environments.
Key Features
Works without switching across multiple chart intervals, keeping system load minimal.
Incorporates layered signal filters to align market direction before trade entry.
Includes a responsive profit management tool that adjusts based on current market movement.
Parameters can be modified to fit a variety of trading preferences and styles.
Supports optional exit behavior tied to short-term indicator shifts.
Includes built-in alert functionality to notify entry opportunities in real time.
How to Use
Paste the script into the TradingView Pine Script editor.
Modify parameters based on your trading rules.
Run a backtest using the Strategy Tester.
Observe performance through paper trading before going live.
Enable alerts or use webhooks for execution when ready.
Important Note
This script is intended for educational and research use only.
Live deployment should follow careful tuning and evaluation over historical data.
What You’ll Receive