Custom Buy Signal Indicator

4 hours agoThis indicator gives you Buy signal on the 5 and 15-minute timeframe under these conditions:
CONDITION FOR SIGNAL TO APPEAR
1 - RSI above 50 in the 5-minute timeframe.
2 - RSI above 50 in the 15-minute timeframe.
3 - MACD line above 0 in the 5-minute timeframe.
4 - Price is above SMA 21 on the 5-minute timeframe.

Only show the first sell signal when the conditions are met and not repeat it until the conditions are no longer met and then met again.
To combine with VWMA 20 period
To avoid a false signal it is better to open a buy position when 2 consecutive candles close above the 20-period VWMA line.
Taking the First 2 signals after a trend changes gives better results.