Pita dan Kanal
Multi-Band Comparison (Uptrend)Multi-Band Comparison
Overview:
The Multi-Band Comparison indicator is engineered to reveal critical levels of support and resistance in strong uptrends. In a healthy upward market, the price action will adhere closely to the 95th percentile line (the Upper Quantile Band), effectively “riding” it. This indicator combines a modified Bollinger Band (set at one standard deviation), quantile analysis (95% and 5% levels), and power‑law math to display a dynamic picture of market structure—highlighting a “golden channel” and robust support areas.
Key Components & Calculations:
The Golden Channel: Upper Bollinger Band & Upper Std Dev Band of the Upper Quantile
Upper Bollinger Band:
Calculation:
boll_upper=SMA(close,length)+(boll_mult×stdev)
boll_upper=SMA(close,length)+(boll_mult×stdev) Here, the 20-period SMA is used along with one standard deviation of the close, where the multiplier (boll_mult) is 1.0.
Role in an Uptrend:
In a healthy uptrend, price rides near the 95th percentile line. When price crosses above this Upper Bollinger Band, it confirms strong bullish momentum.
Upper Std Dev Band of the Upper Quantile (95th Percentile) Band:
Calculation:
quant_upper_std_up=quant_upper+stdev
quant_upper_std_up=quant_upper+stdev The Upper Quantile Band, quant_upperquant_upper, is calculated as the 95th percentile of recent price data. Adding one standard deviation creates an extension that accounts for normal volatility around this extreme level.
The Golden Channel:
When the price crosses above the Upper Bollinger Band, the Upper Std Dev Band of the Upper Quantile immediately shifts to gold (yellow) and remains gold until price falls below the Bollinger level. Together, these two lines form the “golden channel”—a visual hallmark of a healthy uptrend where the price reliably hugs the 95th percentile level.
Upper Power‑Law Band
Calculation:
The Upper Power‑Law Band is derived in two steps:
Determine the Extreme Return Factor:
power_upper=Percentile(returns,95%)
power_upper=Percentile(returns,95%) where returns are computed as:
returns=closeclose −1.
returns=close close−1.
Scale the Current Price:
power_upper_band=close×(1+power_upper)
power_upper_band=close×(1+power_upper)
Rationale and Correlation:
By focusing on the upper 5% of returns (reflecting “fat tails”), the Upper Power‑Law Band captures extreme but statistically expected movements. In an uptrend, its value often converges with the Upper Std Dev Band of the Upper Quantile because both measures reflect heightened volatility and extreme price levels. When the Upper Power‑Law Band exceeds the Upper Std Dev Band, it can signal a temporary overextension.
Upper Quantile Band (95% Percentile)
Calculation:
quant_upper=Percentile(price,95%)
quant_upper=Percentile(price,95%) This level represents where 95% of past price data falls below, and in a robust uptrend the price action practically rides this line.
Color Logic:
Its color shifts from a neutral (blackish) tone to a vibrant, bullish hue when the Upper Power‑Law Band crosses above it—signaling extra strength in the trend.
Lower Quantile and Its Support
Lower Quantile Band (5% Percentile):
Calculation:
quant_lower=Percentile(price,5%)
quant_lower=Percentile(price,5%)
Behavior:
In a healthy uptrend, price remains well above the Lower Quantile Band. It turns red only when price touches or crosses it, serving as a warning signal. Under normal conditions it remains bright green, indicating the market is not nearing these extreme lows.
Lower Std Dev Band of the Lower Quantile:
This line is calculated by subtracting one standard deviation from quant_lowerquant_lower and typically serves as absolute support in nearly all conditions (except during gap or near-gap moves). Its consistent role as support provides traders with a robust level to monitor.
How to Use the Indicator:
Golden Channel and Trend Confirmation:
As price rides the Upper Quantile (95th percentile) perfectly in a healthy uptrend, the Upper Bollinger Band (1 stdev above SMA) and the Upper Std Dev Band of the Upper Quantile form a “golden channel” once price crosses above the Bollinger level. When this occurs, the Upper Std Dev Band remains gold until price dips back below the Bollinger Band. This visual cue reinforces trend strength.
Power‑Law Insights:
The Upper Power‑Law Band, which is based on extreme (95th percentile) returns, tends to align with the Upper Std Dev Band. This convergence reinforces that extreme, yet statistically expected, price moves are occurring—indicating that even though the price rides the 95th percentile, it can only stretch so far before a correction or consolidation.
Support Indicators:
Primary and Secondary Support in Uptrends:
The Upper Bollinger Band and the Lower Std Dev Band of the Upper Quantile act as support zones for minor retracements in the uptrend.
Absolute Support:
The Lower Std Dev Band of the Lower Quantile serves as an almost invariable support area under most market conditions.
Conclusion:
The Multi-Band Comparison indicator unifies advanced statistical techniques to offer a clear view of uptrend structure. In a healthy bull market, price action rides the 95th percentile line with precision, and when the Upper Bollinger Band is breached, the corresponding Upper Std Dev Band turns gold to form a “golden channel.” This, combined with the Power‑Law analysis that captures extreme moves, and the robust lower support levels, provides traders with powerful, multi-dimensional insights for managing entries, exits, and risk.
Disclaimer:
Trading involves risk. This indicator is for educational purposes only and does not constitute financial advice. Always perform your own analysis before making trading decisions.
Comprehensive RSI, MACD & Stochastic Table
RSI, MACD, and Stochastic Multi-Asset Indicator for TradingView
Introduction
The RSI, MACD, and Stochastic Multi-Asset Indicator is a comprehensive tool designed for traders who want to analyze multiple assets simultaneously while utilizing some of the most popular technical indicators. This indicator is tailored for all market types—whether you're trading cryptocurrencies, stocks, forex, or commodities—and provides a consolidated dashboard for faster and more informed decision-making.
This tool combines Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Stochastic Oscillator, three of the most effective momentum and trend-following indicators. It provides a visual, color-coded table for quick insights and alerts for significant buy or sell opportunities.
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What Does This Indicator Do?
This indicator performs the following key functions:
1. Multi-Asset Analysis: Analyze two assets side by side, allowing you to monitor their momentum, trends, and overbought/oversold conditions simultaneously.
2. Combines Three Powerful Indicators:
RSI: Tracks market momentum and identifies overbought/oversold zones.
MACD: Highlights trend direction and momentum shifts.
Stochastic Oscillator: Provides insights into overbought/oversold zones with smoothing for better accuracy.
3. Color-Coded Dashboard: Displays all indicator values in an easy-to-read table with color coding for quick identification of market conditions.
4. Real-Time Alerts: Generates alerts when strong bullish or bearish conditions are met across multiple indicators.
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Key Features
1. Customizable Inputs
You can adjust RSI periods, MACD parameters, Stochastic settings, and timeframes to suit your trading style.
Analyze default or custom assets (e.g., BTC/USDT, ETH/USDT).
2. Multi-Timeframe Support
Use this indicator on any timeframe (e.g., 1-minute, 1-hour, daily) to suit your trading strategy.
3. Comprehensive Dashboard
Displays values for RSI, MACD, and Stochastic for two assets in one clean, compact table.
Automatically highlights overbought (red), oversold (green), and neutral (gray) conditions.
4. Buy/Sell Signals
Plots buy/sell signals on the chart when all indicators align in strong bullish or bearish zones.
Example:
Strong Buy: RSI above 50, Stochastic %K above 80, and MACD histogram positive.
Strong Sell: RSI below 50, Stochastic %K below 20, and MACD histogram negative.
5. Real-Time Alerts
Alerts notify you when a strong buy or sell condition is detected, so you don't miss critical trading opportunities.
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Who Is This Indicator For?
This indicator is perfect for:
Day Traders who need real-time insights across multiple assets.
Swing Traders who want to identify mid-term trends and momentum shifts.
Crypto, Stock, and Forex Traders looking for a consolidated tool that works across all asset classes.
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How It Works
1. RSI (Relative Strength Index):
Tracks momentum by measuring the speed and change of price movements.
Overbought: RSI > 70 (Red).
Oversold: RSI < 30 (Green).
2. MACD (Moving Average Convergence Divergence):
Combines two exponential moving averages (EMA) to track momentum and trend direction.
Positive Histogram: Bullish momentum.
Negative Histogram: Bearish momentum.
3. Stochastic Oscillator:
Tracks price relative to its high-low range over a specific period.
Overbought: %K > 80.
Oversold: %K < 20.
4. Table View:
Displays indicator values for both assets in an intuitive table format.
Highlights critical zones with color coding.
5. Alerts:
Alerts are triggered when:
RSI, MACD, and Stochastic align in strong bullish or bearish conditions.
These conditions are based on customizable thresholds.
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How to Use the Indicator
1. Add the Indicator to Your Chart:
After publishing, search for the indicator by its name in TradingView's Indicators tab.
2. Customize Inputs:
Adjust settings for RSI periods, MACD parameters, and Stochastic smoothing to suit your strategy.
3. Interpret the Table:
Check the table for highlighted zones (red for overbought, green for oversold).
Look for bullish or bearish signals in the "Signal" column.
4. Act on Alerts:
Use the real-time alerts to take action when strong conditions are met.
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Example Use Cases
1. Crypto Day Trading:
Monitor BTC/USDT and ETH/USDT simultaneously for strong bullish or bearish conditions.
Receive alerts when RSI, MACD, and Stochastic align for a potential reversal.
2. Swing Trading Stocks:
Track a stock (e.g., AAPL) and its sector ETF (e.g., QQQ) to find momentum-based opportunities.
3. Forex Scalping:
Identify overbought/oversold conditions across multiple currency pairs.
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Conclusion
The RSI, MACD, and Stochastic Multi-Asset Indicator simplifies your trading workflow by consolidating multiple technical indicators into one powerful tool. With real-time insights, color-coded visuals, and customizable alerts, this indicator is designed to help you stay ahead in any market.
Whether you're a beginner or an experienced trader, this indicator provides everything you need to make confident trading decisions. Add it to your TradingView chart today and take your analysis to the next level!
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Make sure to leave your feedback and suggestions so I can continue improving the tool for the community. Happy trading!
RSI, Bollinger Bands & MA Crossover StrategyIn the fast-paced world of financial markets, traders are constantly seeking robust strategies to maximize their returns while mitigating risks. Among the plethora of technical indicators available, the combination of the Relative Strength Index (RSI), Bollinger Bands, and Moving Average (MA) crossovers has garnered significant attention for its effectiveness in identifying potential trade setups. Each of these indicators offers unique insights into market dynamics, and their integration can create a powerful synergy for decision-making.
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. By indicating overbought or oversold conditions, it provides traders with a gauge for potential reversals or continuations in price trends. Bollinger Bands, on the other hand, are a volatility-based indicator comprising a moving average and two standard deviation bands. They help traders visualize price volatility and identify periods of consolidation or breakout. Moving Averages (MA), whether simple or exponential, serve as a fundamental trend-following tool by smoothing price data over a specified period, making it easier to discern the overall market direction.
DANGHIEU EMA 21/55/200 RibbonPhân tích xu hướng: Dễ dàng nhận diện xu hướng tăng hoặc giảm thông qua dải mây (ribbon).
Xác định điểm giao dịch: Sử dụng dấu X để nhận diện điểm giao cắt giữa EMA 21 và EMA 55, giúp đưa ra quyết định giao dịch.
Theo dõi xu hướng dài hạn: EMA 200 cung cấp góc nhìn dài hạn về xu hướng thị trường.
Daily Levels: Yesterday and Today with +/- 0.3%this indicator gives +0.3% and -0.3% of yesterday close and todays open
Hedge vs Retail Sentimentuse this indicator let me know it is is the hedge fund indicator let me know the accuracy of this indicator
Buy/Sell Signals for CM_Williams_Vix_FixThis script in Pine Script is designed to create an indicator that generates buy and sell signals based on the Williams VIX Fix (WVF) indicator. Here’s a brief explanation of how this script works:
Main Components:
Williams VIX Fix (WVF) – This volatility indicator is calculated using the formula:
WVF
=
(
highest(close, pd)
−
low
highest(close, pd)
)
×
100
WVF=(
highest(close, pd)
highest(close, pd)−low
)×100
where highest(close, pd) represents the highest closing price over the period pd, and low represents the lowest price over the same period.
Bollinger Bands are used to determine levels of overbought and oversold conditions. They are constructed around the moving average (SMA) of the WVF value using standard deviation (SD).
Ranges based on percentiles help identify extreme levels of WVF values to spot entry and exit points.
Buy and sell signals are generated when the WVF crosses the Bollinger Bands lines or reaches the ranges based on percentiles.
Adjustable Parameters:
LookBack Period Standard Deviation High (pd): The lookback period for calculating the highest closing price.
Bolinger Band Length (bbl): The length of the period for constructing the Bollinger Bands.
Bollinger Band Standard Devaition Up (mult): The multiplier for the standard deviation used for the upper Bollinger Band.
Look Back Period Percentile High (lb): The lookback period for calculating maximum and minimum WVF values.
Highest Percentile (ph): The percentile threshold for determining the high level.
Lowest Percentile (pl): The percentile threshold for determining the low level.
Show High Range (hp): Option to display the range based on percentiles.
Show Standard Deviation Line (sd): Option to display the standard deviation line.
Signals:
Buy Signal: Generated when the WVF crosses above the lower Bollinger Band or falls below the lower boundary of the percentile-based range.
Sell Signal: Generated when the WVF crosses below the upper Bollinger Band or rises above the upper boundary of the percentile-based range.
These signals are displayed as triangles below or above the candles respectively.
Application:
The script can be used by traders to analyze market conditions and make buying or selling decisions based on volatility and price behavior.
Buy/Sell Signals for CM_Williams_Vix_FixИндикатор «Buy/Sell Signals for CM_Williams_Vix_Fix» использует несколько ключевых компонентов для генерации торговых сигналов. Вот пошаговый разбор того, как он работает:
### Шаг 1: Настройка параметров
Пользователь может задать следующие параметры:
- **LookBack Period Standard Deviation High** (`pd`) — период для расчета стандартного отклонения.
- **Bolinger Band Length** (`bbl`) — длина полос Боллинджера.
- **Bollinger Band Standard Devaition Up** (`mult`) — коэффициент для стандартного отклонения при расчете полос Боллинджера.
- **Look Back Period Percentile High** (`lb`) — период для вычисления процентилей.
- **Highest Percentile** (`ph`) — коэффициент для определения верхней границы диапазона на основе процентилей.
- **Lowest Percentile** (`pl`) — коэффициент для определения нижней границы диапазона на основе процентилей.
- **Show High Range** (`hp`) — включение/выключение отображения диапазона на основе процентилей.
- **Show Standard Deviation Line** (`sd`) — включение/выключение отображения линии стандартного отклонения.
### Шаг 2: Расчет Williams VIX Fix (WVF)
Индикатор рассчитывается следующим образом:
$$
\text{WVF} = \left(\frac{\text{highest(close, pd)} - \text{low}}{\text{highest(close, pd)}} \right) \times 100
$$
Где:
- `highest(close, pd)` — максимальная цена закрытия за последние `pd` свечей,
- `low` — минимальная цена текущей свечи.
Это выражение показывает, насколько текущая минимальная цена отличается от максимальной цены закрытия за выбранный период.
### Шаг 3: Полосы Боллинджера
Полосы Боллинджера строятся вокруг средней скользящей (SMA):
- Средняя линия (`midLine`) рассчитывается как простое среднее значение WVF за период `bbl`.
- Верхняя полоса (`upperBand`) находится выше средней линии на величину стандартного отклонения, умноженного на коэффициент `mult`.
- Нижняя полоса (`lowerBand`) находится ниже средней линии на ту же величину.
Формулы:
$$
\text{sDev} = \text{mult} \times \sigma_{\text{wvf}}
$$
$$
\sigma_{\text{wvf}} = \sqrt{\frac{1}{N}\sum_{i=1}^{N}(\text{wvf}_i - \overline{\text{wvf}})^2}
$$
где $N$ — количество точек данных в периоде `bbl`, $\overline{\text{wvf}}$ — средняя величина WVF за этот период.
### Шаг 4: Определение диапазонов на основе процентилей
Для этого используется максимальное и минимальное значения WVF за последний период `lb`. Затем эти значения корректируются с помощью коэффициентов `ph` и `pl` для получения верхней и нижней границ диапазона.
### Шаг 5: Генерация сигналов
Сигнал на покупку генерируется, когда WVF пересекает снизу вверх нижнюю полосу Боллинджера или нижнюю границу диапазона на основе процентилей.
Сигнал на продажу генерируется, когда WVF пересекает сверху вниз верхнюю полосу Боллинджера или верхнюю границу диапазона на основе процентилей.
### Шаг 6: Визуализация сигналов
На графике появляются стрелки, обозначающие точки входа:
- Зеленые стрелки под свечами показывают сигнал на покупку.
- Красные стрелки над свечами показывают сигнал на продажу.
### Итог
Этот индикатор помогает трейдерам принимать решения о покупке или продаже активов, основываясь на пересечении значений WVF с полосами Боллинджера или диапазонами на основе процентилей. Пользователи могут гибко настраивать параметры для адаптации к различным рыночным условиям.
Trading SessionsChanged session names and times.
Replaced average price with VWAP.
Added the ability to hide weekends.
MA Ribbon 1This gives score to moving average ribbons to identify trend. You can change the ma value.
CBA MA Cross Volatility AnalysisThis script plots 6 MA's. 14, 21, 35, 50.100,200. It was written to demonstrate the Volatility at cross over and under price points. It detects the cross over and under for each pair. Then it seeks to identify the VOLATILITY and marks the chart accordingly. Symbols:( "X" Increased Volatility. "D" Decreased Volatility below the bar. "O" Increased Volatility. "V" for Decreased Volatility above the bar) at the crossover/crossunder price points. PLEASE NOTE: There is an additional script of ATR(volatility) which plots in an independent pane. It calculates and plots ATR to measure VOLATILITY over a specified time frame.
RODRIGUESMULTI EMA + BB + Bull Market Support Band + RSI
Indicador RSI:
Cálculo do RSI com comprimento ajustável e escolha da fonte de dados.
Linhas de referência para sobrecompra (70), sobrevenda (30) e a linha intermediária (50).
Preenchimento visual entre as bandas superior e inferior para destacar zonas de sobrecompra e sobrevenda.
Bollinger Bands (BB):
Calcula e exibe as bandas de Bollinger com base em médias móveis ajustáveis (SMA, EMA, SMMA, WMA, VWMA).
Possibilidade de configurar o comprimento da média e o desvio-padrão.
Preenchimento visual entre as bandas superior e inferior para facilitar a leitura.
Médias Móveis Exponenciais (EMAs):
Inclui 5 EMAs configuráveis com comprimentos independentes.
Exibe as EMAs no gráfico com cores distintas para fácil identificação.
Divergências no RSI (opcional):
Detecta divergências regulares no RSI, tanto bullish (alta) quanto bearish (baixa).
Destaca visualmente as divergências no gráfico e fornece suporte para alertas.
Características Adicionais:
Configuração de todos os parâmetros via menu de entrada no TradingView.
Flexibilidade para aplicar diferentes tipos de médias móveis e ajustes conforme a necessidade.
Design visual limpo e intuitivo com uso de preenchimentos coloridos para destacar áreas-chave.
Uso:
Este script é ideal para traders que desejam uma visão detalhada do momento e da volatilidade do mercado. Ele combina informações de tendências, força relativa e volatilidade em uma única ferramenta, ajudando na identificação de oportunidades de compra ou venda e fornecendo alertas para possíveis reversões de mercado.
NOG50TRADERSAlways be conservative when you get the NOG50T Long signal always wait a pullback in Discount price! when you see NOG50T Short Signal always wait A pullback in expensive price. never chase market. (Manasse IRADUKUNDA CEO)
Denoised Donchian Channels去噪唐奇安通道指标
使用说明:
1. 指标说明:
- 绿色箭头: 买入信号,当上轨突破且K线为阳线且波动率>0.2%时出现
- 红色箭头: 卖出信号,当下轨突破且K线为阴线且波动率>0.2%时出现
- 趋势判断: 根据价格与中轨位置判断趋势方向
2. 建议用法:
- 可作为趋势跟踪指标使用
- 结合其他指标确认信号
- 波动率过滤可避免震荡行情的假信号
1. Indicator Description:
- Green Arrow: Buy signal, appears when upper band breaks out, candle is bullish and volatility > 0.2%
- Red Arrow: Sell signal, appears when lower band breaks down, candle is bearish and volatility > 0.2%
- Trend Determination: Based on price position relative to middle band
2. Suggested Usage:
- Can be used as a trend following indicator
- Combine with other indicators to confirm signals
- Volatility filter helps avoid false signals in choppy markets
Trend Filter Finder Trend Filter Finder
趋势过滤器
This indicator combines Bollinger Bands and Keltner Channels to identify market trends and volatility conditions.
该指标结合了布林带和肯特纳通道来识别市场趋势和波动条件。
Usage 使用方法:
- Black bar color indicates not recommended for buy signals
K线呈黑色表示当前不建议释放买入信号
xstrizles 4H Candle Range Highlighter Marks the top and bottom of the previous 4H Candle with a horizontal line.
Highlights candles inside a 4H range on lower time frames.
ATR Moving AverageTrying to create a moving average of the ATR
This can be used as a basis for other things. For example - creating bands around this moving average.
Silver Bullet SessionsThe Silver Bullet Sessions indicator is a specialized timing tool designed to highlight key market sessions throughout the trading day. By marking specific hours with vertical lines, it helps traders identify potentially significant market moments that often coincide with increased volatility and trading opportunities.
This indicator plots vertical lines at six strategic times during the trading day: 3:00 AM, 4:00 AM, 10:00 AM, 11:00 AM, 2:00 PM, and 3:00 PM. These times are carefully selected to correspond with important market events and session overlaps in the global trading cycle. The early morning hours (3-4 AM) often capture significant Asian market movements and the European market opening. The mid-morning period (10-11 AM) typically corresponds with peak European trading hours and the pre-US market dynamics. The afternoon times (2-3 PM) coincide with key US market activities and the European market close.
The indicator is implemented using Pine Script version 6, ensuring compatibility with the latest TradingView platform features. It employs a clean, efficient coding structure that minimizes resource usage while maintaining reliable performance. The vertical lines are rendered in blue for clear visibility against any chart background, and their width is optimized for easy identification without obscuring price action.
Traders can use these visual markers to:
Plan their entries and exits around these key time periods
Anticipate potential market volatility
Structure their trading sessions around these significant market hours
Identify session-based trading patterns
MPW TDL Ai v1.5TDL Ai v1 is an advanced trading indicator designed for technical analysis, combining several sophisticated tools such as order blocks, Fair Value Gaps (FVGs), and multi-timeframe analysis. This strategy is particularly powerful for traders looking to implement a complex strategy by leveraging institutional trading concepts and multi-timeframe structures.
Oct 2, 2024
Release Notes
v1.1
Major improvement , Due to separate entry and opposing timeframes there was a issue which lead to unwanted trade , now its resolved in new version.
All the unwanted trades are not showing up now/
Oct 3, 2024
Release Notes
TDL v1.2
-Minor changes
Oct 7, 2024
Release Notes
v1.4
-"SL Type " option "OB or FVG H/L" resolved
-"SL Type " includes the mitigation timeframe H/L candle values
following options added:
-max daily loss limit
-max daily profit limit
Oct 10, 2024
Release Notes
v1.5
-No trade if there is no body of candle even if wick is there ( close and open are same)
Achat/Vente Moyenne MobileCe script utilise une moyenne mobile simple (SMA) pour générer des signaux. Vous pouvez ajuster la période de la moyenne mobile en modifiant le paramètre length selon votre stratégie.
Atlantic Trading - Multiple EMAs & Bollinger BandsMultiple EMAs & Bollinger Bands Overlay
A versatile technical analysis overlay combining multiple Exponential Moving Averages (EMAs) with customizable Bollinger Bands. This indicator is designed to help traders identify trends, momentum, and potential support/resistance levels across different timeframes.
Features
Multiple EMAs for trend analysis:
8 EMA (short-term trend)
60 EMA (intermediate trend)
200 EMA (long-term trend)
200 SMA (additional long-term trend confirmation)
Fully customizable Bollinger Bands:
Adjustable length and standard deviation
Individual color controls for upper, middle, and lower bands
Optional fill between bands with customizable transparency
Unified or separate color schemes for the bands
Settings
Moving Averages
Customizable lengths for all EMAs and SMA
Individual color settings for each moving average
Bollinger Bands
Length: Default 20 periods
Standard Deviation: Default 2.0
Color Options:
Default mode: Single color for all bands
Advanced mode: Individual colors for upper, middle, and lower bands
Fill Options:
Toggleable band fill
Customizable fill color
Adjustable fill transparency
How to Use
The 8, 60, and 200 EMAs help identify trends across different timeframes
The 200 SMA provides additional trend confirmation
Bollinger Bands help identify:
Potential support/resistance levels
Market volatility
Overbought/oversold conditions
Notes
All colors and parameters are fully customizable through the settings panel
The indicator works on all timeframes
Suitable for any trading instrument (stocks, forex, crypto, futures)
Updates
Version 1.0
Initial release with all core features
Customizable colors and parameters
Optional Bollinger Bands fill
Credits
Jacobeckooo on Atlantic Trading for the idea
Moving Average Crosses with RSI Filter - Advanced Dashboard📊 Moving Average Crosses with RSI Filter - Advanced Dashboard 📊
Overview
This indicator combines moving averages 📈 and the Relative Strength Index (RSI) 📉 to generate filtered trading signals and improve the accuracy of trades. It also includes an advanced dashboard 🖥️ that displays key metrics in real-time, such as moving average values, RSI status, total signals, and win probability. It’s an ideal tool for traders looking for additional confirmation before making decisions. 🚀
Key Features
Customizable Moving Averages 🔧:
Choose between SMA (Simple Moving Average) and EMA (Exponential Moving Average).
Adjustable lengths for both moving averages (default: 9 and 21).
RSI Filter 🛡️:
The RSI is used to avoid false signals in overbought (RSI > 70) or oversold (RSI < 30) conditions.
Customizable RSI length and levels (default: length 14, overbought 70, oversold 30).
Filtered Signals ✅:
Filtered Bullish Cross 🟢: Occurs when the shorter moving average crosses above the longer one and the RSI is not overbought.
Filtered Bearish Cross 🔴: Occurs when the shorter moving average crosses below the longer one and the RSI is not oversold.
Advanced Dashboard 📋:
Displays real-time metrics:
Current values of the moving averages (MA 1 and MA 2).
Current RSI value and its status (Overbought, Oversold, Neutral).
Total number of signals generated.
Win probability of signals (based on historical filtered crosses).
Alerts 🔔:
Customizable alerts for filtered bullish and bearish crosses.
Chart Visualization 📉📈:
Moving averages are plotted on the chart with customizable colors (blue for MA 1, red for MA 2).
Filtered cross signals are marked with green (bullish) and red (bearish) labels.
How to Use the Indicator 🛠️
Setup ⚙️:
Adjust the moving average lengths and RSI parameters according to your strategy.
Customize the overbought and oversold RSI levels if needed.
Interpreting Signals 🔍:
Filtered Bullish Cross (Green Label) 🟢: Consider a long position if the RSI is not overbought.
Filtered Bearish Cross (Red Label) 🔴: Consider a short position if the RSI is not oversold.
Information Panel 🖥️:
Check the panel in the top-right corner for key metrics, such as the current RSI value, market status, and win probability.
Alerts 🔔:
Set up alerts to receive notifications when filtered crosses occur.
Benefits of the Indicator 🌟
Reduces False Signals 🚫: The RSI filter helps avoid trades in extreme market conditions.
Improves Accuracy 🎯: Signals are confirmed with the RSI, increasing the probability of success.
Real-Time Information ⏱️: The advanced dashboard provides key metrics for informed decision-making.
Easy to Use 👍: Simple setup and clear visualization on the chart.
Recommendations 💡
Combine this indicator with other technical analysis tools to confirm signals.
Adjust the parameters based on the asset and timeframe you are analyzing.
Use alerts to avoid missing trading opportunities.
Example Usage 📝
Bullish Scenario 📈:
MA 1 (9) crosses above MA 2 (21).
RSI is below 70 (not overbought).
Signal: Filtered bullish cross (green label). 🟢
Bearish Scenario 📉:
MA 1 (9) crosses below MA 2 (21).
RSI is above 30 (not oversold).
Signal: Filtered bearish cross (red label). 🔴
