Funded Indicator

### Detailed Step-by-Step Guide for Using the "Funded Indicator" on TradingView

This comprehensive guide explains how to install, configure, interpret, and use the "Funded Indicator" — an advanced Pine Script v5 tool that combines momentum signals from RSI, MACD, and Stochastic across multiple timeframes, with volume spike confirmation, divergence detection, a real-time dashboard, trend background coloring, and customizable alerts. It is designed for technical traders analyzing forex, cryptocurrencies, stocks, or any other market on TradingView.

**Important Disclaimer**: This indicator is provided for educational and analytical purposes only. It does not constitute financial advice, guarantee profits, or predict future price movements. Trading carries the risk of loss of capital. Always perform your own analysis, apply proper risk management (such as stop-loss orders), and comply with TradingView’s terms of service. No warranties are made — performance varies depending on market conditions, asset, timeframe, and user settings. Backtest thoroughly before using real capital.

The guide assumes you have a TradingView account (free or premium) and basic familiarity with the platform.

#### **Step 1: Installation on TradingView**
- **Open TradingView**:
- Log in to tradingview.com via browser or the mobile/desktop app.
- Load a chart of any symbol (e.g., BTCUSD, EURUSD, AAPL) and choose an initial timeframe (5m or 15m recommended for first tests).
- **Access the Pine Editor**:
- Click the “Pine Editor” tab at the bottom of the chart (or press Alt + Shift + P on PC/Mac).
- If hidden, click the “...” button in the bottom toolbar and select “Pine Editor.”
- **Paste the Script Code**:
- Delete any existing code in the editor.
- Copy and paste the complete Pine Script code of the indicator.
- Click “Save” (or Ctrl + S). Give it a name like “Funded Indicator” or “Momentum Fusion Pro.”
- **Add to the Chart**:
- Click the green “Add to Chart” button in the top-right corner of the editor.
- The indicator should now appear: a Fusion Score line, horizontal levels, buy/sell labels, divergence tags, background coloring (if enabled), and a dashboard table in the top-right corner.
- **Verification**:
- Check the console at the bottom of the editor for any compilation errors. If errors appear, review the error message carefully.
- Refresh the page or switch timeframes/symbols if elements do not display.
- If the dashboard is missing, ensure “Show Dashboard” is enabled in the settings (see Step 2).

#### **Step 2: Configuring the Inputs (Customization)**
- **Open Settings**:
- Locate the indicator name in the left panel (e.g., “Funded Indicator”).
- Double-click it or right-click → “Settings.”
- Go to the “Inputs” tab.
- **Detailed Explanation of Each Input Group**:
- **───── Core & Timeframe ─────**
- **Source**: Price data used for calculations (default: close).
Use “close” for standard behavior; “high” for bullish bias or “low” for bearish bias.
- **Higher TF Multiplier (× current)**: Defines the higher timeframe (default: 4).
Example: 5m chart × 4 = 20m analysis. Increase (5–10) for stronger trend filtering in volatile markets; decrease (2–3) for faster response in low-volatility pairs.
- **───── RSI ─────**
- **Length**: RSI period (default: 14).
Shorten (7–10) for sensitive signals; lengthen (21+) for smoother trends.
- **Overbought / Oversold**: Thresholds (default: 70 / 30).
Raise OB to 80 in strong uptrends; lower OS to 20 in strong downtrends.
- **───── MACD ─────**
- **Fast / Slow / Signal**: Standard MACD periods (12/26/9).
Shorten Fast to 8–10 for quicker signals in crypto; lengthen for smoother forex behavior.
- **───── Stochastic ─────**
- **%K Length / %K Smooth / %D Smooth**: Periods (14/3/3).
Reduce smoothing for rawer signals; increase for noise reduction.
- **Overbought / Oversold**: Thresholds (80/20).
Adjust similarly to RSI levels.
- **───── Volume & Weights ─────**
- **Volume MA Length**: Period for volume average (default: 20).
Increase to 50 for stronger confirmation; decrease to 10 for intraday.
- **Volume Spike × MA**: Spike detection threshold (default: 1.6).
Raise to 2.0+ in low-volume assets; lower to 1.2 in high-liquidity markets.
- **RSI / MACD / Stoch Weight**: Fusion score weights (default: 0.40 / 0.35 / 0.25).
Adjust to emphasize preferred oscillator; keep sum close to 1.0.
- **───── Display & Alerts ─────**
- **Trend Background**: Enables green/red background coloring (default: true).
Disable if the chart feels cluttered.
- **Show Dashboard**: Displays the summary table (default: true).
Highly recommended for quick multi-TF overview.
- **Show Divergence Labels**: Shows bullish/bearish divergence tags (default: true).
Disable in very noisy or ranging markets.
- **Save Changes**:
- Click “OK.” Reload the chart if necessary.

#### **Step 3: Interpreting Visual Elements and Signals**
- **Fusion Score Plot**: Thick line colored green above zero, red below.
Above +40 = strong bullish momentum; below -40 = strong bearish momentum.
- **Horizontal Lines**: Zero (gray dashed), +40 (green dotted), -40 (red dotted).
Use as dynamic support/resistance for momentum.
- **Buy/Sell Shapes**: Green “BUY” below candle, red “SELL” above candle.
Appear only on crossovers confirmed by volume spike.
- **Divergence Labels**: “Bull Div ▲” (green) and “Bear Div ▼” (red).
Indicate potential reversals when price and RSI diverge.
- **Trend Background**: Light green = strong bull, light red = strong bear.
Provides instant visual bias.
- **Dashboard Table** (top-right corner): Shows current and higher-TF values for Fusion, RSI, MACD Hist, Stoch, Volume Spike, and Trend.
Green = bullish, red = bearish, yellow = neutral/overbought/oversold.

#### **Step 4: Generating and Using Signals / Basic Strategy**
- **Buy Signal** — “BUY” label + fusion crosses above 0 + volume spike + bullish divergence + green background.
- **Sell Signal** — “SELL” label + fusion crosses below 0 + volume spike + bearish divergence + red background.
- **Strong Trend Confirmation** — Dashboard shows “STRONG BULL” or “STRONG BEAR” → favor trend-following trades.
- **Neutral / Ranging** — No strong color or dashboard signals → avoid new positions or wait for breakout.
- **Example Workflow**:
1. Check higher-TF column in dashboard for alignment.
2. Wait for “BUY” or “SELL” label with volume “YES”.
3. Confirm divergence (if present) and background color.
4. Enter trade with stop-loss below/above recent swing.
5. Exit on opposite signal or when fusion returns to zero.

#### **Step 5: Setting Up Alerts**
- Right-click on the chart → “Add Alert.”
- Select “Funded Indicator” as the condition source.
- Choose one of the built-in alerts:
- “Fusion BUY + Volume”
- “Fusion SELL + Volume”
- Set frequency to “Once Per Bar Close” to reduce noise.
- Customize message (e.g., “Buy signal on {{ticker}} at {{close}}”).
- Enable notifications (email, app push, SMS, webhook for automation).
- Test alerts in a demo environment first.

#### **Step 6: Testing and Optimization**
- **Backtesting** — Use TradingView’s “Bar Replay” tool to manually review historical signals.
- **Forward Testing** — Apply the indicator to a paper trading account for 1–4 weeks.
- **Parameter Optimization** — Adjust one input at a time (e.g., volume threshold, weights) and compare performance across different symbols and timeframes.
- **Market-Specific Tuning** — Crypto may need higher volume thresholds; forex may benefit from tighter RSI levels.

#### **Step 7: Advanced Tips and Important Reminders**
- **Best Timeframes**: 5m–1h for intraday; 4h–daily for swing trading.
- **Complementary Tools**: Use with support/resistance, moving averages, or volume profile for better context.
- **Risk Management**: Never risk more than 1–2% per trade. Always set stop-loss and take-profit levels.
- **Limitations**: No indicator is perfect. False signals occur in ranging or low-volume markets.
- **Updates**: If new features are added (e.g., additional filters), re-save and re-add the script.

This guide helps users maximize the value of the Funded Indicator while maintaining responsible trading practices. Happy analyzing and trading!