//@version=6
strategy("5min Entry System Pro", overlay=true,
initial_capital=10000,
default_qty_type=strategy.percent_of_equity,
default_qty_value=100,
commission_type=[Link],
commission_value=0.04)
// === Inputs ===
higherTF = [Link]("D", "Higher TF")
entryTF = [Link]("5", "Entry TF")
stopLossPips = [Link](25, "Stop Loss", minval=1)
tp1Pips = [Link](35, "TP1", minval=1)
tp2Pips = [Link](70, "TP2", minval=1)
tp3Pips = [Link](100, "TP3", minval=1)
preAlertBars = [Link](3, "Pre-Alert Bars", minval=1)
// === Global Variables ===
var float entryPrice = na
var bool tradeActive = false
var line entryLine = na
var line slLine = na
var line tp1Line = na
var line tp2Line = na
var line tp3Line = na
var label[] alertLabels = array.new_label()
// === Multi-Timeframe Data ===
dailyHigh = [Link]([Link], higherTF, high)
dailyLow = [Link]([Link], higherTF, low)
dailyClose = [Link]([Link], higherTF, close)
dailySMA50 = [Link](dailyClose, 50)
// === 5min Entry Logic ===
m5High = [Link]([Link], entryTF, high)
m5Low = [Link]([Link], entryTF, low)
m5Close = [Link]([Link], entryTF, close)
isUptrend = dailyClose > dailySMA50 and dailyHigh > dailyHigh[1]
isDowntrend = dailyClose < dailySMA50 and dailyLow < dailyLow[1]
potentialBuy = isUptrend and m5Low <= m5Low[1] and m5Close > m5Close[1]
potentialSell = isDowntrend and m5High >= m5High[1] and m5Close < m5Close[1]
// === Pre-Entry Alerts ===
if potentialBuy and not potentialBuy[1]
lbl = [Link](bar_index, low, "▲ POTENTIAL BUY\nMonitor 5min",
color=[Link](#00FF00, 90), style=label.style_label_up,
textcolor=[Link])
[Link](alertLabels, lbl)
if potentialSell and not potentialSell[1]
lbl = [Link](bar_index, high, "▼ POTENTIAL SELL\nMonitor 5min",
color=[Link](#FF0000, 90), style=label.style_label_down,
textcolor=[Link])
[Link](alertLabels, lbl)
// Cleanup old alerts
if [Link](alertLabels) > 0
for i = 0 to [Link](alertLabels)-1
if bar_index - label.get_x([Link](alertLabels, i)) > preAlertBars
[Link]([Link](alertLabels, i))
// === Trade Execution ===
if potentialBuy and not tradeActive
[Link]("BUY", [Link])
entryPrice := close
tradeActive := true
// Create visuals
entryLine := [Link](bar_index, entryPrice, na, na,
color=[Link], width=2, extend=[Link])
slLine := [Link](bar_index, entryPrice - stopLossPips*[Link], na,
na,
color=[Link], style=line.style_dotted, extend=[Link])
tp1Line := [Link](bar_index, entryPrice + tp1Pips*[Link], na, na,
color=[Link], style=line.style_dotted, extend=[Link])
tp2Line := [Link](bar_index, entryPrice + tp2Pips*[Link], na, na,
color=[Link], style=line.style_dotted, extend=[Link])
tp3Line := [Link](bar_index, entryPrice + tp3Pips*[Link], na, na,
color=[Link], style=line.style_dotted, extend=[Link])
if potentialSell and not tradeActive
[Link]("SELL", [Link])
entryPrice := close
tradeActive := true
// Create visuals
entryLine := [Link](bar_index, entryPrice, na, na,
color=[Link], width=2, extend=[Link])
slLine := [Link](bar_index, entryPrice + stopLossPips*[Link], na,
na,
color=[Link], style=line.style_dotted, extend=[Link])
tp1Line := [Link](bar_index, entryPrice - tp1Pips*[Link], na, na,
color=[Link], style=line.style_dotted, extend=[Link])
tp2Line := [Link](bar_index, entryPrice - tp2Pips*[Link], na, na,
color=[Link], style=line.style_dotted, extend=[Link])
tp3Line := [Link](bar_index, entryPrice - tp3Pips*[Link], na, na,
color=[Link], style=line.style_dotted, extend=[Link])
// === Trade Management ===
if tradeActive
// Update lines
line.set_x2(entryLine, bar_index)
line.set_x2(slLine, bar_index)
line.set_x2(tp1Line, bar_index)
line.set_x2(tp2Line, bar_index)
line.set_x2(tp3Line, bar_index)
// Check exit
if strategy.position_size == 0
[Link](entryLine)
[Link](slLine)
[Link](tp1Line)
[Link](tp2Line)
[Link](tp3Line)
entryPrice := na
tradeActive := false
// === Visual Signals ===
plotshape(potentialBuy, "Buy Alert", [Link], [Link],
[Link], 0, "PRE-BUY", size=[Link])
plotshape(potentialSell, "Sell Alert", [Link], [Link],
[Link], 0, "PRE-SELL", size=[Link])
