Fiju

This indicator is designed to identify buy opportunities and then assist in trade management.
It relies on several technical filters:

• Long-term trend: price above the 200-period moving average.
  
• Momentum: bullish MACD (MACD line > signal line) and optionally positive.
  
• Relative strength: RSI above 30, with detection of overbought conditions and weakness through the RSI moving average.
  
• Timing: additional validation using candle color and proximity of the price to the SMA200 (limited deviation).
  

The indicator highlights different states using background colors and a label on the last candle:

• 🟢 Buy: potential buy signal.
  
• 🔵 Hold: keep the position.
  
• 🟠 Warning: caution, RSI is overbought or losing strength.
  
• 🔴 Sell: conditions invalidated, exit recommended.
  

👉 This is not an automated system but a decision-support tool. It only works for long entries and must be combined with a proper trade management methodology (money management, stop-loss, take-profit, trend following, etc.).