OPEN-SOURCE SCRIPT

Lucifer Signal Engine

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Lucifer Signal Engine
Author: Lucifer
Version: 1.0
Script Type: Overlay
Tags: buy signal, momentum, breakout, volume spike, MACD, EMA crossover, donchian, trend strategy, lucifer

🧠 Overview
The Lucifer Signal Engine is a powerful multi-factor buy signal generator designed to identify high-probability breakout entries using a combination of momentum, trend, and volume filters.

This tool is ideal for traders who want sharp, fast entries based on confluence from proven technical indicators. When the signal fires, it's because multiple bullish conditions have aligned—what Lucifer calls a “green light from the underworld.”

🔍 Signal Logic
A Lucifer 🚀 Signal appears only when all four conditions are met:

Donchian Channel Breakout: Price breaks above the 20-period high.

EMA Trend Confirmation: The 8 EMA is above the 34 EMA.

MACD Momentum: MACD line is above the signal line and in positive territory.

Volume Spike: Current volume exceeds 2× the 20-bar average (customizable).

This combination filters out weak breakouts and choppy conditions—only highlighting moments of real strength.

📈 Visual Components
✅ Lucifer Signal (🚀): Green label below the bar when all criteria align.

🟠 8 EMA: Tracks short-term trend strength.

🔵 34 EMA: Tracks medium-term direction.

🟢 Donchian High Line: Visual reference for breakout trigger.

🛎️ Alerts
Built-in alert condition:

Lucifer Buy Signal: Triggers when a qualified breakout is detected.

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Lucifer signal on {{ticker}}!
⚙️ Inputs
Donchian Period: Default 20 bars.

EMAs: Fast = 8, Slow = 34.

MACD Settings: Fast = 12, Slow = 26, Signal = 9.

Volume Multiplier: Default 2× average volume over 20 bars.

📌 Best Use Cases
Ideal for momentum traders and breakout scalpers

Works best on liquid assets and trending markets (e.g. crypto, tech stocks, FX majors)

Combine with support/resistance or higher timeframe filters for precision entries

⚠️ Disclaimer
This script provides technical signals based on objective conditions. It does not guarantee success and should be used in conjunction with proper risk management and personal judgment. Always backtest before deploying in live markets.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.