money printer

Description: Combined Random & Regression Cross Signal Generator with Advanced Filtering and Management Table

This advanced indicator generates high-quality buy and sell signals based on two mathematically robust, logic-driven methods—Randomized Direction (with optional regression correction) and Regression Line Cross Confirmation—each filtered for true market activity and disciplined trade execution.

Signal Generation Logic
Random Signal Source
Generates a buy or sell signal at a user-defined interval (every N bars), using a robust pseudo-random number generator.
Optionally applies regression correction: If enabled, the signal is overridden to match the direction of the linear regression trend, adding a dynamic “smart filter” to the randomness.
Signals are color-coded:
Green/Red: Pure random
Blue/Orange: Corrected by regression
Regression Cross Confirmation Source
Detects genuine trend shifts by waiting for a candle to cross the linear regression line (from below to above or above to below), then requires two consecutive strong candles (bullish or bearish) to confirm the breakout.
Plots a buy (fuchsia) or sell (purple) only after strict double confirmation, filtering out “fake” breaks and weak trend changes.
Unified No-Repeat Logic
Ensures discipline:
Never plots consecutive buy or consecutive sell signals, regardless of which method generated the last trade.
The script tracks the last signal direction and blocks same-type repeats, reducing overtrading in choppy conditions.
Market Activity & Quality Filters
ATR Filter:
Ensures that signals are only taken in periods of sufficient volatility.
Blocks signals if current volatility (ATR) is too low compared to recent averages.
Body Size Filter:
Blocks trades on “weak” or indecisive bars (small candle bodies).
Ensures only strong, high-momentum candles can trigger signals.
Trade Management Table
A dynamic table (bottom-right of your chart) displays the current SL (Stop Loss) and three TP (Take Profit) levels for both long and short trades.
Calculations use user-defined multipliers applied to the current ATR value for maximum adaptability across timeframes and assets.
Alert System
Unified alerts:
One for all buy signals (of any type), one for all sell signals.
Each alert message includes the symbol and the chart’s timeframe for easy cross-market monitoring.
Works perfectly with TradingView’s webhook and notification system.
Visual Scheme
Random Buy: Green
Random Buy (Corrected): Blue
Regression Cross Buy: Fuchsia
Random Sell: Red
Random Sell (Corrected): Orange
Regression Cross Sell: Purple
Customization & Controls
All key logic and filters are fully adjustable:
Signal interval, regression length, ATR/body filter thresholds, correction toggle, and TP/SL multipliers.
Linear regression line can be shown/hidden for visual clarity.
Best For

Spot gold (XAUUSD) and other assets where classic volume is unavailable or unreliable.
Traders who want to combine mathematical randomness, robust trend confirmation, and strict quality controls—plus clear risk/reward management.
How to Use

Adjust filter and trade settings for your symbol and timeframe.
Watch for colored signals and check the TP/SL table for management.
Set up two alerts (buy/sell) for instant notifications with timeframe.
This script is a powerful, flexible, and disciplined trading tool—perfect for active traders who want both mathematical edge and chart-based confirmation!