OPEN-SOURCE SCRIPT
Updated MoneyLine Fusion
MoneyLine Fusion is a clean, no-nonsense confluence indicator that combines a linear-regression “Money Line” with adaptive ATR bands, Fisher Transform triggers, correct Aroon trend strength, and an instant-read Score (-4 to +4) built from MACD, ADX, MFI and RSI. It only flashes a BUY or SELL label when all the pieces line up — giving you high-probability entries without the noise. The bright lime/red Money Line never blends with candles, the bands stay perfectly anchored no matter how you pan or zoom, and the tiny info panel tells you at a glance exactly how strong the current setup is. In short, it turns five proven tools into one simple, visual decision engine so you spend less time second-guessing and more time catching clean moves.
Release Notes
Info table fixRelease Notes
cosmetic changes to info boxRelease Notes
cosmetic changes to info tableRelease Notes
cosmetic changes onlyRelease Notes
Fixed "Any alert call function"Release Notes
Changed band structure to emulate Grok GXS dynamic bands. Much better for enveloping the price bars for better signals.Release Notes
Added blue candles when a buy or sell is executed on that candleOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.