# makemoney-hybrid

A hybrid strategy combining SuperTrend, Bollinger Bands, and Renko charts with take profit and stop loss rules.

Canonical: https://prismaticalgos.com/compendium/algo/6489-makemoney-hybrid
Record ID: 6489
Catalog rank: 2917 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.prorealcode.com/topic/conversion-of-makemoney-indicator-from-tradingview/
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: any
- timeframes: any
- sessions: any
- market_regime: any

## Indicators

- SuperTrend: {"Factor1": 1, "Factor2": 2, "Factor3": 3, "Pd1": 10, "Pd2": 10, "Pd3": 10}; applied to: close
- Bollinger Bands: {"length": 20, "multiplier": 2, "overbought": 1, "oversold": 0}; applied to: close
- Renko: {"method": "ATR", "methodvalue": 14.0, "pricesource": "Close", "useTrueRange": "Auto"}; applied to: close

## Recorded long-entry rules

- crossover(close, Tsl3)

## Recorded short-entry rules

- crossunder(close, Tsl3)

## Recorded exit rules

- crossover(high, (1+(tp/100))*last_open_longCondition) and longCondition == 0 and in_longCondition == 1
- crossunder(low, (1-(tp/100))*last_open_shortCondition) and shortCondition == 0 and in_shortCondition == 1
- crossover(low, (1-(sl/100))*last_open_longCondition) and longCondition == 0 and in_longCondition == 1
- crossover(high, (1+(sl/100))*last_open_shortCondition) and shortCondition == 0 and in_shortCondition == 1

## Recorded filters

- showZones

## Risk controls

- Stop loss: crossover(low, (1-(sl/100))*last_open_longCondition) and longCondition == 0 and in_longCondition == 1
- Take profit: crossover(high, (1+(tp/100))*last_open_longCondition) and longCondition == 0 and in_longCondition == 1
- Position sizing: Not specified