PROTECTED SOURCE SCRIPT

Zabbo Confluence Indicator + Dashboard

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Description
This script combines the power of multiple proven swing trend indicators into a single, unified confluence system. A trade signal is generated when the specified number of indicators align in the same bullish or bearish direction, helping traders identify high-probability long or short opportunities.

The script includes an on-chart dashboard that displays the current status of each individual indicator, along with the overall confluence score, allowing you to visually track trend alignment as market conditions evolve.

Included Indicators:
  • Xtreme Trend – View Script
  • MACD (12-26-9) – View Script
  • MACD (144-34-9) Histogram – View Script
  • WaveTrend Oscillator – View Script
  • QQE MT4 (Glaz-Modified by JustUncleL) – View Script


Signal Conditions:
A BUY signal is triggered when:
  • Xtreme Trend is Bullish
  • MACD (12-26-9) shows a bullish cross
  • MACD (144-34-9) histogram is increasing
  • WaveTrend Oscillator is bullish
  • QQE MT4 line crosses above its signal


A SELL signal is triggered when:
  • Xtreme Trend is Bearish
  • MACD (12-26-9) shows a bearish cross
  • MACD (144-34-9) histogram is decreasing
  • WaveTrend Oscillator is bearish
  • QQE MT4 line crosses below its signal


Users can enable or disable individual indicators in the settings and adjust the confluence threshold (from 1 to 5) to suit their trading style. They also have the ability to toggle off the Xtrend indicator, the 200 EMA, and the confluence dashboard.

Best Use
  • Performs best on higher timeframes such as 1H, 4H, and Daily.
  • Lower timeframes (<1H) and choppy, sideways markets may produce frequent signals with smaller spreads.
  • Increasing the confluence requirement reduces the number of signals, but increases the reliability of potential market tops and bottoms.


Key Features
  • Five popular trend/trading indicators in one script
  • Adjustable confluence threshold (1–5)
  • On-chart dashboard for quick signal confirmation
  • Customizable indicator inclusion/exclusion
  • Works across any market (forex, crypto, stocks, commodities)

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.