TRADER JUMBLO SIGNAL — Dip & Rally System

A precision-built smart trading system that detects market dips and rallies — allowing you to catch reversals right from the turning points, not halfway through the move.
🧠 How It Works (Concept Overview — no code)
The TRADER JUMBLO SIGNAL system combines trend-following and reversal-detection logic into one tool.
It analyses the last few bars (adjustable Lookback Period) to identify local extremes — the “roots” and “peaks” — and confirms entries using price structure and moving averages.
When conditions align:
-🟢 BUY Signal: Detected near the local lowest low within the lookback period during an uptrend.
-🔴 SELL Signal: Detected near the highest high during a downtrend.
-Each trade automatically sets a dynamic Stop Loss and Take Profit using the ATR (volatility-based).
-Intrabar or close-confirmed entries can be toggled for aggressive or conservative trading styles.
This system ensures you don’t chase candles — instead, it times entries at the core reversal points of the market structure.
⚙️ Key Features
-Dip & Rally Detection: Finds local highs/lows (roots and peaks) within an adjustable lookback window.
-Trend Filter: Only trades in the direction of the dominant moving-average trend.
-Intrabar Mode: Option to allow real-time entries before the candle closes.
-RSI Filter (optional): Filters out weak or overbought/oversold setups.
- ATR-based SL & TP: Automatic volatility-adjusted Stop Loss and Take Profit.
- Smart Table Display: Real-time info panel showing Entry, SL, TP, Lowest, Highest, Tolerance %, and Lookback bars.
-Customizable UI: Enable/disable labels, markers, and SL/TP lines.
Built-in Alerts:
✅ Buy (Dip) Trigger
❌ Sell (Rally) Trigger
🎯 TP Hit
🛑 SL Hit
📊 What Makes It Unique
Unlike basic crossover or RSI systems, this indicator focuses on price reaction around extremes — meaning you enter where reversals start, not after they’ve already moved.
It helps prevent:
Late entries after momentum is gone
Buying tops / selling bottoms
Random entries without market structure context
Instead, you’ll see:
Clean entries from the “roots” (local dips)
Exits or reversals from the “peaks” (local rallies)
Visual feedback for SL/TP hits — so you learn from each setup instantly.
📈 Visuals
🟢 Green markers = BUY entries near local lows.
🔴 Red markers = SELL entries near local highs.
✅ “TP Hit” or ❌ “SL Hit” labels appear on price touch.
🟦 Floating table on chart shows live trade info and state (LONG / SHORT / FLAT).
Script que requiere invitación
Solo los usuarios autorizados por el autor pueden acceder a este script. Tendrá que solicitar y obtener permiso para utilizarlo. Normalmente se concede previo pago. Para obtener más información, siga las instrucciones del autor o póngase en contacto directamente con TraderJumblo.
TradingView NO recomienda pagar o utilizar un script a menos que confíe plenamente en su autor y entienda cómo funciona. También puede encontrar alternativas gratuitas de código abierto en nuestros scripts de la comunidad.
Instrucciones del autor
Exención de responsabilidad
Script que requiere invitación
Solo los usuarios autorizados por el autor pueden acceder a este script. Tendrá que solicitar y obtener permiso para utilizarlo. Normalmente se concede previo pago. Para obtener más información, siga las instrucciones del autor o póngase en contacto directamente con TraderJumblo.
TradingView NO recomienda pagar o utilizar un script a menos que confíe plenamente en su autor y entienda cómo funciona. También puede encontrar alternativas gratuitas de código abierto en nuestros scripts de la comunidad.