PROTECTED SOURCE SCRIPT
VWAP + EMA + RSI + MACD Confluence (Options Trader)
VWAP
EMAs (9, 21, 50)
RSI
MACD
and clear visual + alert signals for option-style entries (bullish = calls, bearish = puts).
Here’s what it’ll do visually:
✅ Plot EMAs (9, 21, 50)
✅ Plot VWAP
✅ Show background color when confluence aligns for bullish or bearish entries
✅ Add optional alerts (so you can set triggers)
✅ Display RSI + MACD panels for confirmation
Logic:
Bullish (“Call”) signal:
Price > VWAP and > EMA50
EMA9 > EMA21
MACD line > signal line
RSI > 50
Bearish (“Put”) signal:
Price < VWAP and < EMA50
EMA9 < EMA21
MACD line < signal line
RSI < 50
EMAs (9, 21, 50)
RSI
MACD
and clear visual + alert signals for option-style entries (bullish = calls, bearish = puts).
Here’s what it’ll do visually:
✅ Plot EMAs (9, 21, 50)
✅ Plot VWAP
✅ Show background color when confluence aligns for bullish or bearish entries
✅ Add optional alerts (so you can set triggers)
✅ Display RSI + MACD panels for confirmation
Logic:
Bullish (“Call”) signal:
Price > VWAP and > EMA50
EMA9 > EMA21
MACD line > signal line
RSI > 50
Bearish (“Put”) signal:
Price < VWAP and < EMA50
EMA9 < EMA21
MACD line < signal line
RSI < 50
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.