Beast Mode PRO v3 Oscillator and Signals

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Concept and Underlying Logic

This indicator is a "Composite Regime Filter" designed to solve the problem of single-indicator noise. In standard trading, an RSI might signal "Overbought" while a MACD signals "Bullish," leading to conflicting bias. Beast Mode PRO solves this by normalizing multiple momentum and volatility metrics into a single, unified "Regime Score."

Instead of using raw values (which vary wildly between indicators), this script utilizes Z-Score Normalization. It calculates the statistical mean and standard deviation of six distinct inputs (RSI, CCI, Fisher Transform, DMI, Z-Score, and MA Ratio) over a lookback period. This converts all inputs into a standardized scale (Standard Deviations from the mean), allowing them to be compared mathematically "apples-to-apples."

The Clustering Engine

Once normalized, the script employs a custom Clustering algorithm. It analyzes the distribution of the normalized values to determine the statistical "center" of Bullish, Bearish, and Neutral sentiment.

Vote Aggregation: Each of the six components casts a "vote" based on its position relative to the cluster centers.

• Composite Scoring: These votes are averaged to create the "Composite Score" (0-100 scale).
  
• Adaptive Thresholds: Rather than using fixed levels (like RSI 70/30), this script uses dynamic Bollinger Band-based thresholds on the Composite Score to identify significant regime shifts based on current market volatility.
  

Key Features & Components

1. The Composite Oscillator (Bottom Pane)
This is the heartbeat of the system. It visualizes the aggregated score.

• Step Line: Represents the smoothed consensus of the underlying six indicators.
  
• Dynamic Bands: The gray bands expand and contract. Signals are only generated when the consensus score breaks out of these volatility bands, reducing fake-outs during consolidation.
  

2. Signal Filtering (The "Why" behind the Mashup)
A raw signal is rarely enough. This script integrates three specific filters to prevent trading in low-probability environments:

• Chop Filter: Uses an ATR-based Chop Index to detect sideways ranging markets. If the market is chopping, signals are suppressed.
  
• Session Filter: Allows the user to exclude low-volume times (e.g., the gap between NY close and Asia open).
  
• Trend Filter: An optional EMA filter ensures that Bullish regime signals are only valid if price is above the trend baseline, aligning momentum with the macro trend.
  

3. Cycle & Momentum (CyMo) Toggles
To provide secondary confirmation, the script includes toggles for:

• STC (Schaff Trend Cycle): A cycle indicator to detect market tops and bottoms.
  
• SMI (Stochastic Momentum Index): For faster entry timing within the established regime.
  

4. The Dashboard
A customizable table provides a real-time health check of the asset. It displays the raw values of the six inputs, their current "Vote" (Bull/Bear), and the overall system status (Active, Chop, or Low Vol).

How to Use

This tool is intended for trend-following and swing trading.

• Trend Entry: Wait for the candles to turn Green (Bullish Regime) or Red (Bearish Regime) and ensure the Dashboard status is "ACTIVE".
  
• Pullbacks: The small triangle shapes indicate "Trend Re-entries." These occur when the internal oscillator reaches an extreme and snaps back in the direction of the main trend.
  
• Exits: The "TP" circles appear when momentum begins to diverge from price, suggesting a potential exhaustion of the current move.
  

Settings

• Heikin Ashi Source: The script calculates based on Heikin Ashi data to smooth out price noise before processing.
  
• Dashboard: Fully customizable size and location to fit your workspace.
  
• Sensitivity: Users can adjust the "Cluster Count" and "Lookback Window" to tune the responsiveness of the regime detection.
  

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Catatan Rilis

Updated: New modes (Normal & Scalping) with better adjusted TP signals.

20 jam yang lalu

Catatan Rilis

Major updates to backtesting, appearance, and added Super Scalper mode.