Trading Rush Signals & Alerts

The Trading Rush Signals & Alerts indicator provides a comprehensive suite of strategy-based entry signals designed to simplify the identification of trend-following opportunities across multiple technical methods.

Usage

The script functions by monitoring price action against several popular technical setups. Users can enable or disable specific strategies depending on their preference to avoid over-complicating the chart. When conditions are met, a triangle signal appears on the chart (optionally with the strategy name labeled).

MACD Strategy

This setup triggers a buy signal when the MACD line crosses above the signal line while negative, provided price is above the 200 EMA. Sell signals occur when the MACD crosses below the signal line while positive, provided price is below the 200 EMA.

Donchian Channels Strategy

This strategy monitors volatility and price extremes. A buy signal is generated when the price breaches the upper Donchian channel after a recent low, filtered by the 200 EMA. Conversely, a sell signal occurs when the price breaches the lower channel after a recent high while below the 200 EMA.

Ichimoku Cloud Strategy

Focuses on TK-crosses (Tenkan-sen and Kijun-sen). A buy signal triggers when the conversion line crosses above the base line while price is above the cloud and the 200 EMA.

Schaff Trend Cycle Strategy

Provides signals based on the STC oscillator reaching overbought or oversold extremes, filtered by the long-term 200 EMA trend.

Details

The indicator consolidates several logic sets into a single overlay. A core component of every strategy included is the 200-period Exponential Moving Average (EMA), which serves as a global trend filter. This ensures that signals are only generated in the direction of the long-term trend, aiming to increase the probability of successful trades. The script also includes a "pre-alert" logic for Donchian channels, notifying users when price is within a small percentage (7%) of a channel breach.

Settings

Main Settings

• Display 200 EA: Toggles the visibility of the 200-period Exponential Moving Average on the chart.
• Display strategy name with signals: When enabled, the name of the specific strategy (e.g., "MACD", "Donchian") is printed next to the signal icon.
• Display indicators: Toggles the visual components of the underlying indicators (like the Ichimoku Cloud or Donchian Channels) directly on the chart.

Strategy Enablers

• Enable MACD?: Activates or deactivates the MACD-based signal logic.
• Enable Donchian Channels?: Activates or deactivates the Donchian-based signal logic.
• Enable Ichimoku Cloud?: Activates or deactivates the Ichimoku-based signal logic.
• Enable Schaff Trend Cycle?: Activates or deactivates the STC-based signal logic.

FAQ

How do I use the MACD signals?

Ensure the MACD enabler is on. For long entries, look for the MACD text below a bar when the price is trending upward according to the 200 EMA.

Can I set alerts for these signals?

Yes, the script supports TradingView alerts. You can set an alert for a specific strategy or use the "Enabled Strategies" alert to be notified when any of your active strategies trigger a signal.

How do I access Trading Rush Signals & Alerts?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.