MasterTrader V1 is an indicator that plots two exponential moving averages (fast length 9, slow length 21) and RSI (length 14) on the close price chart.
1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
MasterTrader V1 Master Trader generates long entry signals when the fast EMA crosses above the slow EMA, RSI stays between 30 and 70, volume exceeds its 20-period SMA, and BTCUSDT market conditions are satisfied (price above 200 SMA and RSI above 35). Exit signals trigger on fast EMA crossunder or RSI exceeding 75. The script draws triangular entry and exit shapes on the price chart along with a BTC guard background color and a dynamic info table showing current EMA, RSI, and gate status values. Input settings let users adjust the EMA and RSI lengths. It operates on the price chart without built-in stop loss, take profit, or position sizing.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Fast EMA
int
9
ema_fast_len
Slow EMA
int
21
ema_slow_len
RSI Length
int
14
rsi_len
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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