Luxy Momentum, Trend and Breakout Indicators Suit V4

1) What this script is

This indicator suite is designed to help momentum, trend-following, and breakout traders form a structured plan on one chart. It combines:

• An ATR-based trailing stop (UT-style line flip),
  
• EMAs and EMA-200 bias,
  
• VWAP with optional bands,
  
• MACD and RSI filters,
  
• ADX/DI trend strength,
  
• Donchian breakout filter,
  
• ZLSMA (zero-lag style LSMA),
  
• Supertrend with optional dynamic thickness,
  
• A multi-timeframe “Bias” dashboard,
  
• A watchlist UT scanner with runtime alerts.
  

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2) What makes it useful

• One screen, full context: Trend bias (short/long EMAs, EMA-200, MACD, VWAP, ZLSMA, Supertrend, RSI zone, ADX) across 1m→4h plus higher-level “3-Day / Weekly / Monthly” bias rows.
  
• Clear entries with filters: Base EMA cross logic, optional MACD/RSI/ADX/volume/Donchian filters, and an ATR-based UT-style flip so you can require multiple confirmations.
  
• Execution helpers: Suggested Stop Loss line, optional Trailing Stop (chandelier ATR or follow the UT line), and fixed-R Take Profit levels (R1 / R1.5 / R2 / R3).
  
• Watchlist runtime alerts: A dynamic table that lists symbols firing UT-style flips on a chosen timeframe with TTL (time-to-live), daily throttling, and optional alerts.
  

3) How signals are formed (high level)

• Base LONG/SHORT (visual): A fast/medium EMA cross, optional % separation, MACD separation, and volume/ADX/RSI/Donchian filters.
  
• UT-style flips (labels & line): An ATR-based trailing stop. A flip occurs when price crosses and the side changes. Optional “2-bar confirmation” and swing/percent filters reduce noise.
  

4) Main components at a glance

• EMAs: Fast, Medium, and EMA-200 for directional bias and cross logic.
  
• VWAP (+ optional bands): Session/event/period anchoring; bands via stdev or percent.
  
• MACD: Used as a regime filter (e.g., allow longs only if MACD > 0).
  
• ZLSMA: Zero-lag-style LSMA to visualize slope and trend continuation.
  
• Supertrend: Optional on-chart line; dynamic thickness can reflect strength.
  
• RSI pullback window: Gate entries to a configurable RSI zone.
  
• ADX/DI: Require minimum trend strength and plus/minus DI alignment.
  
• Donchian breakout: Allow entries only on high/low channel breaks.
  
• Stop & Targets: “Suggested SL” from layered supports/resistance; trailing; fixed-R TPs.
  
• Bias dashboard: A compact grid of green/red cells across multiple TFs.
  
• Watchlist UT scanner: Scans your custom ticker list on a chosen TF; TTL manages how long items stay visible.
  

5) Typical workflows

A) Momentum / Trend

1. Context: Use the Bias table; look for green majority on your trading TFs and “Price > EMA-200”.
   
2. Entry: Wait for UT-style flip to align with EMA cross and MACD regime.
   
3. Risk: Use the suggested SL (or your own).
   
4. Manage: Enable Trailing Stop once price moves ≥ N×ATR; scale out on R-targets.
   

B) Breakout

1. Prime: Turn on Donchian filter.
   
2. Confirm: Require ADX ≥ threshold and DI alignment.
   
3. Trigger: Take UT-style flips that occur with a channel break and sufficient volume.
   
4. Manage: Trail using chandelier mode; freeze labels on touch for audit clarity.
   

C) Mean-reversion assists

Use VWAP bands as reaction zones, but entries are still governed by your momentum/trend filters to avoid counter-trend traps.




6) The Bias dashboard (how to read it)

• Rows show conditions such as Fast EMA > Slow EMA, Price > EMA-200, MACD > Signal, Supertrend bullish, Price > VWAP, ZLSMA rising, RSI in zone, ADX ≥ min - across 1m / 5m / 15m / 1h / 2h / 4h.
  
• The band shows higher-level bias:3-Day (1H proxy), Weekly (4H), Monthly (1D) based on EMA pairs.
  
• The AVG column summarizes percent of green cells in each row.
  

Use it to stay aligned with the broader regime before you take a lower-TF signal.


7) Watchlist UT scanner

• Paste a symbol list, choose a timeframe (e.g., 1m/5m/15m/60m/240m/D), and set TTL minutes.
  
• The table updates with recent flips (BUY/SELL) and drops symbols once TTL expires or status changes.
  
• Optional daily throttle avoids alert storms; runtime alert fires once per hit per bar.
  

Tips:

• Keep lists practical (≈40 tickers max).
  
• If the table is empty, check the chosen TF, TTL, and filters.
  

8) Alerts (safe, practical setup)

• Built-in alertconditions exist for UT flips and base LONG/SHORT.
  
• For the scanner, you can alert on “table list status change” to catch hits on your list.
  
• Always review the filter set and your exchange’s trading hours to avoid false notifications.
  

Note: This is an indicator (not a strategy). Alerts are convenience tools; they are not trade instructions.




9) Settings guidance

• Conservative: Higher ATR multipliers, higher ADX minimums, RSI window narrower, volume filter ON, %-change filter ON, 2-bar confirmation ON.
  
• Balanced: Defaults or slightly above.
  
• Aggressive: Lower ATR multipliers, lower ADX minimums, broader RSI window, volume filter OFF, Donchian OFF.
  

Choose one style and stick to it for a while to learn the tool’s behavior.


10) Troubleshooting

• Nothing shows: Check “Show” toggles (EMAs, UT line, Supertrend, etc.) and your chart timeframe.
  
• VWAP missing: You may have “Hide on Daily+” enabled, or anchor is out of scope.
  
• Bias table empty: Ensure “Show Table” is ON and you’re on the last bar; verify TFs.
  
• Scanner empty: Reduce filters, verify tickers, check TTL and selected timeframe.
  

11) Final word

This suite’s idea is to give a **practical, consolidated workflow** for traders who operate with momentum, trend, and breakout methods. Use the Bias dashboard for context, the filters to gate entries, and the execution tools to manage risk — all while keeping your rules consistent.

Trade well, manage risk, and review settings regularly.
Appreciate feedback, comments, requests and suggestions in the comments!