Confluence of signals

# Confluence of Signals

## Overview
The "Confluence of Signals" is a powerful Pine Script indicator designed for TradingView that allows traders to define and visualize multiple technical conditions for both long and short trading signals. When all specified conditions align (reach confluence), the indicator generates a clear buy or sell signal, providing a structured approach to trading decision-making.

## Key Features

### Multiple Condition Support
- **8 Long Conditions**: Configure up to 8 different technical conditions for long entries
- **8 Short Conditions**: Configure up to 8 different technical conditions for short entries
- **Flexible Activation**: Enable or disable any condition based on your trading strategy

### Signal Types and Flexibility
- **Rich Condition Types**:
- Crossing (standard crosses)
- Crossing Up (bullish crosses)
- Crossing Down (bearish crosses)
- Greater Than (value comparisons)
- Less Than (value comparisons)
- Equals (exact matches)
- Rising (trend conditions over specified bars)
- Falling (trend conditions over specified bars)
- Toggle (signals that remain active for a specified number of bars)

### Multi-Timeframe Analysis
- Apply conditions from different timeframes
- Supports unified analysis across multiple chart periods

### Signal Management
- **Trade Limiting**: Set minimum bars between trades to avoid overtrading
- **Session Control**: Limit signals to specific trading sessions
- **Signal Expiration**: Set a date after which signals will no longer be generated

### Visual Feedback
- **Signal Table**: Clear BUY/SELL/NONE status display in the top-right corner
- **Condition Markers**: Visual indicators showing which specific conditions are active
- **Confluence Markers**: Triangle markers showing when all conditions align
- **Session Highlighting**: Optional background highlighting for the active session

## Usage Instructions

### Setting Up Conditions
1. Enable the conditions you wish to use by checking the "Use" option for each
2. Configure each condition with:
- **Source**: The price or indicator value to evaluate (e.g., close, SMA, RSI)
- **Event**: The type of condition (crossing, greater than, etc.)
- **Value/Source**: The threshold or comparison source
- **Timeframe**: Optional higher timeframe for the condition
- **Bar Close**: Whether the condition should only be evaluated on bar close

### Toggle Mode
For conditions set to "Toggle" mode:
1. Specify the number of bars the signal should remain active
2. The condition will remain true for the specified number of bars after triggering
3. Useful for conditions you want to remain valid for a certain period

### Trade Management
- **Bars Between Trades**: Prevents signals from occurring too frequently
- **Session Control**: Limit trading to specific market sessions
- **Expiration**: Set a cutoff date for all signals

### Visualization Controls
- Show/hide individual condition markers
- Show/hide confluence markers
- Enable/disable session highlighting

## Installation
1. Open TradingView and navigate to the Pine Editor
2. Copy the entire Confluence of Signals script
3. Paste it into the Pine Editor
4. Click "Save" and give your indicator a name
5. Click "Add to Chart" to apply the indicator

## Example Setups

### Simple Moving Average Crossover
- **Long Condition 1**: When (Close) Crossing Up (200 SMA)
- **Short Condition 1**: When (Close) Crossing Down (200 SMA)

### RSI with Support/Resistance
- **Long Condition 1**: When (RSI) Crossing Up (30)
- **Long Condition 2**: When (Close) Greater Than (50 SMA)
- **Short Condition 1**: When (RSI) Crossing Down (70)
- **Short Condition 2**: When (Close) Less Than (50 SMA)

### Multi-Timeframe Strategy
- **Long Condition 1**: When (Close) Greater Than (200 SMA) [Daily Timeframe]
- **Long Condition 2**: When (MACD) Crossing Up (Signal) [Current Timeframe]
- **Short Condition 1**: When (Close) Less Than (200 SMA) [Daily Timeframe]
- **Short Condition 2**: When (MACD) Crossing Down (Signal) [Current Timeframe]

## Best Practices
1. Start with fewer conditions and gradually add more as needed
2. Test different combinations of conditions to find optimal setups
3. Use the toggle feature for conditions that should remain valid for multiple bars
4. Consider using multi-timeframe conditions for confirmation from higher timeframes
5. Set appropriate trade limits to prevent overtrading

## Customization
The indicator can be further customized by modifying the script:
- Change colors and visual elements
- Add additional conditions if needed
- Modify the signaling logic

## Compatibility
- **Platform**: TradingView
- **Script Version**: Pine Script v5
- **Chart Types**: Compatible with all chart types
- **Timeframes**: Works on all timeframes

## Disclaimer
This indicator is provided for informational and educational purposes only. Always conduct your own analysis and risk management before making trading decisions. Past performance is not indicative of future results.

## Version History
- v1.0: Initial release with basic condition support
- v1.1: Added toggle functionality
- v1.2: Added multi-timeframe support
- v1.3: Added session control and expiration options
- v2.0: Expanded to 8 conditions for both long and short signals