High Win Rate Trading Strategy Alerts

//version=5
indicator("High Win Rate Trading Strategy Alerts", overlay=true)

// Input settings
emaLength = input(20, title="EMA Length")
rsiLength = input(14, title="RSI Length")
fibLevel1 = input(0.382, title="Fib 38.2% Level")
fibLevel2 = input(0.5, title="Fib 50% Level")

// Indicators
ema20 = ta.ema(close, emaLength)
rsi = ta.rsi(close, rsiLength)

// Fibonacci Levels (Manual Plotting Needed)
highPrice = ta.highest(high, 50) // Adjust 50 for swing selection
lowPrice = ta.lowest(low, 50)
fib38 = highPrice - (highPrice - lowPrice) * fibLevel1
fib50 = highPrice - (highPrice - lowPrice) * fibLevel2

// Buy Setup Conditions
buySetup = (close > ema20) and (close <= fib50 and close >= fib38) and (rsi > 40) and (rsi < 70)

// Sell Setup Conditions
sellSetup = (close < ema20) and (close >= fib50 and close <= fib38) and (rsi < 60) and (rsi > 30)

// Alerts
alertcondition(buySetup, title="BUY Setup Alert", message="Buy Setup: Price at Fibonacci 38.2%-50%, EMA 20 confirmed, RSI strong.")
alertcondition(sellSetup, title="SELL Setup Alert", message="Sell Setup: Price at Fibonacci 38.2%-50%, EMA 20 confirmed, RSI weak.")

// Plot Signals on Chart
plotshape(buySetup, location=location.belowbar, color=color.green, style=shape.labelup, title="BUY Alert")
plotshape(sellSetup, location=location.abovebar, color=color.red, style=shape.labeldown, title="SELL Alert")

plot(ema20, title="EMA 20", color=color.blue)