ETH Master Institutional Indicator

ETH Master Institutional Indicator (1H)

Summary:
This strategy is a high-precision, professional-grade trading indicator for Ethereum (ETH), optimized specifically for the 1-hour timeframe. It is built to mirror the decision logic of institutional traders by combining multiple forms of market confirmation to filter out weak or false signals.

How It Works:
1. **Trend Confirmation**:
- Uses three Exponential Moving Averages (9, 21, 50) to confirm trend direction.
- Buy signals require price to be above all three EMAs (strong uptrend), sell signals below all three (strong downtrend).

2. **Momentum Confirmation**:
- MACD Line must be above Signal Line for buy signals (bullish momentum).
- MACD Line must be below Signal Line for sell signals (bearish momentum).
- Histogram must be positive for buys, negative for sells.

3. **RSI Filter**:
- Buy signals require RSI > 55 (indicating upward strength).
- Sell signals require RSI < 45 (indicating downward pressure).

4. **Volume Confirmation**:
- Requires volume to be at least 10% greater than the 20-bar average, signaling institutional activity.

5. **Price Breakout/Breakdown**:
- Buy signals only occur when price breaks above recent resistance.
- Sell signals only occur when price breaks below recent support.

6. **Visuals**:
- Smart Buy and Smart Sell markers are plotted on the chart when all conditions align.
- EMA trend guides are also plotted (9 in yellow, 21 in orange, 50 in blue).

7. **Alerts**:
- Alerts trigger when a qualified Smart Buy or Smart Sell signal appears, giving traders automated notifications.

This strategy is designed for clarity, professional use, and adaptability, with a strong emphasis on confluence across multiple indicators before acting.