Master Trader: Swing Trading Indicator

Stop guessing your entries. This rules-based swing trading indicator tells you exactly when to buy, where to place your stop loss, and where to take profit — all plotted directly on your chart.

Built for traders who hold positions over days or weeks, the script combines three layers of confluence before signalling an entry: weekly trend bias, daily trend bias, and a "kill zone" where price interacts with both the 20 and 50 EMA. When all conditions align, you get a clear HIRE label with your exact TP and SL prices printed on the chart. When the trade closes — win or lose — it labels that too.

What it does:

• Identifies high-probability entries using EMA kill zones, RSI limits, and a candle stability filter

• Calculates a dynamic ATR-based stop loss that adapts to current market volatility

• Sets a 1:2 risk/reward take profit automatically

• Displays a live Action Board dashboard showing weekly trend, daily trend, kill zone status, and a plain-English decision: BUY, MONITOR, SET ALARM, or SKIP

• Fires a single Master Alarm alert for both entries and exits — set it once, get notified when action is needed

• Optional Strict Mode to only take trades when the weekly trend is bullish

What's included:

• The complete Pine Script v6 code — paste into TradingView's Pine Editor and it's ready to go

• A full written manual covering setup, how to read the dashboard, trade management, and recommended stock screener settings

Works on any TradingView plan. No coding knowledge required.