Custom Trading Strategy (1H)

Overview: This indicator is a technical tool designed for the 1-Hour timeframe (1H).
It combines Trend following with Momentum to filter false signals.
The strategy only triggers a signal when three classic indicators align perfectly.

How it Works? The script plots a green "N" label when the following 4 conditions are met simultaneously:

MACD: Both MACD Line and Signal Line must be above Zero (Bullish Territory).

MACD Crossover: A bullish crossover occurred either on the current bar or the previous bar.

SMA: Simple Moving Average (5) crosses over SMA (20).

RSI: Relative Strength Index is above 50 (Positive Momentum).

Features:

Clean Chart: Calculates SMAs and Stop Loss levels in the background without cluttering the chart with lines.
Only the signal label "N" is displayed.

Filtering: Filters out weak signals by requiring RSI > 50 and MACD > 0 confirmation.