Ampel Score)

The Ampel Score (German for "traffic light score") is a multi-indicator signal system designed to identify high-probability LONG and SHORT entries based on trend strength, momentum, volatility, and breakout patterns.

It evaluates 12+ indicators and assigns scores to determine directional bias. This includes:

✅ EMA Alignment (4/8/13/21/200)
✅ MACD Crossover
✅ Ichimoku Cloud (Span A/B, Tenkan/Kijun Cross)
✅ RSI & Stochastic Momentum
✅ Volume Spike
✅ Breakout Detection (20-bar High/Low)
✅ Bollinger Band Breakouts (3σ)
✅ Volatility Check via ATR

🎯 Signal Logic

LONG signal: Score ≥ 12, higher than SHORT score, plus price & volume confirmation

SHORT signal: Score ≥ 12, higher than LONG score, plus price & volume confirmation

EXIT: When score drops below 10 or trend reverses

Visual signals:

🔼 Green Triangle = Enter LONG

🔽 Red Triangle = Enter SHORT

❌ Red X = Exit Signal

🟢/🔴 Circles = Active trend phase

🔢 Score Labels shown on chart (if enabled)

Use Cases:
This indicator is ideal for swing traders and momentum traders looking for structured signals across multiple confluences. Best used on 15min–1D timeframes with manual trade confirmation.

Disclaimer:
Not financial advice. Always backtest and use risk management. Adjust thresholds based on your strategy and asset volatility.