Renz-GPT Indicator

The Renz-GPT Indicator is a powerful, all-in-one trading tool designed to simplify decision-making and improve trade accuracy using a combination of trend, momentum, and volume analysis.

🔍 How It Works
Trend Detection:

Uses two EMAs (Exponential Moving Averages) to identify the current market trend.
A higher timeframe EMA acts as a trend filter to align trades with the larger market trend.
Momentum Confirmation:

RSI (Relative Strength Index) confirms the momentum strength.
Only takes trades when the momentum aligns with the trend.
Volume Confirmation:

Uses On-Balance Volume (OBV) to verify if volume supports the trend direction.
Signal Calculation:

Combines trend, momentum, and volume signals to create a high-probability trade setup.
Filters out weak signals to avoid false trades.
Entry, Stop Loss & Take Profit:

Displays clear LONG and SHORT markers on the chart.
Automatically calculates and displays Stop Loss and Take Profit levels based on ATR (Average True Range).
Alerts:

Sends real-time alerts when a valid buy or sell signal occurs.
Alerts include entry price, stop loss, and take profit levels.