MultiSignal Swing Tracker

This is an indicator of Moomoo trading software.

Combines price channels, KDJ bottom signals, and RSI overbought alerts for swing trading:

1. Trend Channel (Yellow Line):
   • Tracks 6-day highs (HH) & lows (LL) as dynamic support/resistance.
   • Green “Reduce”: HH1 > LL1 signals weakening trend.
   • Red “Add”: LL1 > HH1 signals strengthening trend.
2. KDJ Bottom Signals:
   • Gray “Bottom Entry”: J crosses above 10, indicating oversold rebound.
   • Orange “Prepare”: J crosses below 10, warns of potential retest.
3. RSI Overboud Alert:
   • Blue “Sell”: RSI ≥80 and declining, marks overbought exit.

Best Used In: Clear trends or range-bound markets; avoid during sideways consolidation.

Signal Logic

For Beginners

Swing Trade: Act within 3-5 days after signals
Priority: Always respect RSI “Sell” signals first

Operation instructions

The following two figures are the historical K-lines of the combined indicators of UXP and ULTA. We can refer to the tips given by the indicators to operate. When the price is above the trend line, it represents an upward trend. At this time, buy according to the indicator and set a stop loss. The profit-loss ratio is still quite high.

Let’s take a look at this indicator formula:

N := 6;
HH := HHV(HIGH, N);
LL := LLV(LOW, N);
HH1 := BARSLAST(HH > REF(HH, 1));
LL1 := BARSLAST(LL < REF(LL, 1));
FLAG := IF(HH1 < LL1, 1, IF(HH1 > LL1, -1, 0));
IF(FLAG >= 0, LL, HH), COLORYELLOW, LINETHICK1;

DRAWICON(CROSS(HH1, LL1), LOW - 0.5, 38);
DRAWTEXT(CROSS(HH1, LL1), LOW - 1.5, 'REDUCE'), COLORRED;
DRAWICON(CROSS(LL1, HH1), HIGH + 0.5, 39);
DRAWTEXT(CROSS(LL1, HH1), HIGH + 1.5, 'ADD'), COLORGREEN;

RSV := (CLOSE - LLV(LOW, 27)) / (HHV(HIGH, 27) - LLV(LOW, 27)) * 100;
K := SMA(RSV, 5, 1);
D := SMA(K, 3, 1);
J := 3 * K - 2 * D;

DRAWICON(CROSS(J, 10), HIGH + 1, 2); 
DRAWTEXT(CROSS(J, 10), HIGH + 2.5, 'BUY'), COLORGREEN;
DRAWICON(IF(CROSS(10, J), 1, 0), LOW - 0.5, 11); 
DRAWTEXT(IF(CROSS(10, J), 1, 0), LOW - 1.5, 'PREPARE'), COLORORANGE;

LC := REF(CLOSE, 2);
RSI := SMA(MAX(CLOSE - LC, 0), 7, 1) / SMA(ABS(CLOSE - LC), 7, 1) * 100;
SELL := RSI <= REF(RSI, 1) AND RSI >= 80;
DRAWICON(SELL, LOW - 1.5, 1);    
DRAWTEXT(SELL, LOW - 2.5, 'SELL'), COLORRED;