0% found this document useful (0 votes)
90 views1 page

PRIME PRO+ Indicator Overview

Uploaded by

ranibabita7037
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
90 views1 page

PRIME PRO+ Indicator Overview

Uploaded by

ranibabita7037
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

PRIME PRO+ Indicator - Pine Script Code

//@version=5
indicator("PRIME PRO+ Indicator", overlay=true)

// === INPUTS === //


rsiPeriod = [Link](14, title="RSI Period")
rsiOverbought = [Link](70, title="RSI Overbought Level")
rsiOversold = [Link](30, title="RSI Oversold Level")
volumeMultiplier = [Link](1.5, title="Volume Spike Multiplier")
riskLevel = [Link](1.0, minval=0.1, maxval=10.0, title="Custom Risk Level")

// === RSI === //


rsi = [Link](close, rsiPeriod)
rsiBuy = rsi < rsiOversold
rsiSell = rsi > rsiOverbought

// === Volume === //


avgVolume = [Link](volume, 20)
volumeSpike = volume > avgVolume * volumeMultiplier

// === Breakout Detection === //


highestHigh = [Link](high, 20)
lowestLow = [Link](low, 20)
breakoutUp = close > highestHigh
breakoutDown = close < lowestLow

// === Buy/Sell Logic === //


buySignal = rsiBuy and volumeSpike or breakoutUp
sellSignal = rsiSell and volumeSpike or breakoutDown

plotshape(buySignal, title="Buy Signal", location=[Link], color=[Link], style=[Link], text="BUY


plotshape(sellSignal, title="Sell Signal", location=[Link], color=[Link], style=[Link], text="S

// === Alerts === //


alertcondition(buySignal, title="Buy Alert", message="PRIME PRO+ Buy Signal!")
alertcondition(sellSignal, title="Sell Alert", message="PRIME PRO+ Sell Signal!")

You might also like