Ed's Swing Ready Ripper (STABLE v3)

vor 3 Stunden

Ed’s Swing Ready Ripper

Ed’s Swing Ready Ripper is a swing-trading indicator built to identify stocks that are consolidating in a strong daily uptrend and preparing for an upside breakout.

It combines higher-timeframe trend confirmation with precise 4H / 2H entry signals, helping traders enter early while managing risk clearly.

🎯 Best For

Swing trades (days to weeks)

Growth stocks & strong sector leaders

Works best on 4H charts (2H for aggressive traders)

⚙️ How It Works

Daily trend filter confirms bullish structure & consolidation

4H / 2H entry logic looks for EMA20 pullbacks with momentum

BUY signals are labeled:

🟢 FULL – higher confidence setup

🟠 PARTIAL – lower confidence setup

TP1 & TP2 are plotted automatically

TP3 uses EMA20 trailing exit to let winners run

🚨 Built-In Alerts

BUY signal

TP1 hit

TP2 hit

TP3 exit (close below EMA20)

⚠️ Disclaimer

This indicator is for educational purposes only and does not constitute financial advice. Always manage risk and confirm signals with price action.

⭐ Tip

Use the Daily chart for trend direction, then switch to 4H (or 2H) for entries.

vor 2 Stunden

Versionshinweise

Ed’s Swing Ready Ripper (FINAL v8 – RIP + TREND + Trend Grace)

A disciplined swing-trading indicator designed for capital preservation first, with upside participation in both breakout (“Ready-to-Rip”) and trend-continuation environments.

This script automatically adapts its behavior based on market conditions using daily trend context and 2H / 4H entry execution, eliminating guesswork and reducing emotional trades.

🔍 Two Trade Modes (Auto-Detected)

🟢 Ready-to-Rip (RIP)

Tight consolidations near highs

Controlled volatility

Expansion-ready setups

Fast failure protection (no grace period)

🔵 Trend Continuation

Established uptrends

Pullbacks to EMA20

Momentum resumption

Includes a 2-candle EMA20 grace period to reduce whipsaws

The indicator automatically selects the appropriate mode when set to Auto, or can be forced manually.

🎯 Entry Logic

Daily trend filter (EMA20 > EMA50)

RSI confirmation (daily + entry timeframe)

Volume expansion confirmation

Pullback to EMA20 on the entry timeframe

BUY signals print on candle close only

Signals are labeled as:

BUY FULL (higher confidence)

BUY PART (starter position)

📈 Trade Management

TP1: First objective (risk reduction / partial trim)

TP2: Momentum extension target (prints only if reached)

TP3 (EXIT): EMA20 trailing exit

Ready-to-Rip: exit on first close below EMA20

Trend: exit after 2 consecutive closes below EMA20 (grace period)

This adaptive exit logic improves trade longevity in trends while keeping breakout risk tightly controlled.

🛡️ Capital Preservation Improvements

Prevents BUY → immediate EXIT whipsaws in ETFs and strong trends

Maintains fast exits for failed breakouts

Skips TP2 automatically when momentum weakens (no forced targets)

Designed to favor expectancy and equity curve smoothness, not overfitting

⏱️ Best Use

Swing trades (days to weeks)

Growth stocks, ETFs, and sector leaders

4H charts (2H for aggressive traders)

Works best when aligned with higher-timeframe trend

⚠️ Disclaimer

This indicator is for educational purposes only and does not constitute financial advice. Always manage risk and confirm signals with price action and broader market context.