PROTECTED SOURCE SCRIPT
5 Indicators in 1
5 Indicators in 1: User Guide
Entry and Exit Strategy
Entry Signals
Long Position (Buy)
When the RMI (Relative Momentum Index) crosses above 66 (positive momentum)
When price breaks above a resistance level (indicated by "Break Res" label)
Green candles and support levels holding (indicated by green diamonds)
When former resistance becomes support (green diamond below bar)
Short Position (Sell)
When the RMI falls below 30 (negative momentum)
When price breaks below a support level (indicated by "Break Sup" label)
Red candles and resistance levels holding (indicated by red diamonds)
When former support becomes resistance (red diamond above bar)
Exit Signals
Exit Long Position
When RMI trend changes from positive to negative
When price approaches the upper boundary of the Range MA channel
When price reaches the top of the Support and Resistance Power Channel
When high volume resistance boxes appear
Exit Short Position
When RMI trend changes from negative to positive
When price approaches the lower boundary of the Range MA channel
When price reaches the bottom of the Support and Resistance Power Channel
When high volume support boxes appear
Indicator Explanation
This indicator combines 5 different tools:
RMI Trend Sniper
Combines RSI and MFI to create a momentum indicator
Values above 66 indicate strong bullish momentum (green candles)
Values below 30 indicate strong bearish momentum (red candles)
Includes Range MA channel with colored bands showing trend direction
Support and Resistance Power Channel
Identifies key price levels based on 130-bar lookback period
Shows maximum and minimum price levels with labels
Provides middle line for potential reversal points
High Volume Support/Resistance Boxes
Creates boxes at pivot points with high trading volume
Green boxes indicate support areas
Red boxes indicate resistance areas
Shows "Break Sup" or "Break Res" labels when levels are broken
Displays diamonds when support or resistance holds
Visual Candle Coloring
Green candles during positive momentum
Red candles during negative momentum
Helps quickly identify the current trend direction
Volume Analysis
Filters support and resistance boxes based on volume
Higher volume levels create more significant support/resistance zones
Volume values displayed within the boxes
The indicator is particularly effective for identifying trend changes and key reversal points in the market, helping traders time their entries and exits with greater precision.
Entry and Exit Strategy
Entry Signals
Long Position (Buy)
When the RMI (Relative Momentum Index) crosses above 66 (positive momentum)
When price breaks above a resistance level (indicated by "Break Res" label)
Green candles and support levels holding (indicated by green diamonds)
When former resistance becomes support (green diamond below bar)
Short Position (Sell)
When the RMI falls below 30 (negative momentum)
When price breaks below a support level (indicated by "Break Sup" label)
Red candles and resistance levels holding (indicated by red diamonds)
When former support becomes resistance (red diamond above bar)
Exit Signals
Exit Long Position
When RMI trend changes from positive to negative
When price approaches the upper boundary of the Range MA channel
When price reaches the top of the Support and Resistance Power Channel
When high volume resistance boxes appear
Exit Short Position
When RMI trend changes from negative to positive
When price approaches the lower boundary of the Range MA channel
When price reaches the bottom of the Support and Resistance Power Channel
When high volume support boxes appear
Indicator Explanation
This indicator combines 5 different tools:
RMI Trend Sniper
Combines RSI and MFI to create a momentum indicator
Values above 66 indicate strong bullish momentum (green candles)
Values below 30 indicate strong bearish momentum (red candles)
Includes Range MA channel with colored bands showing trend direction
Support and Resistance Power Channel
Identifies key price levels based on 130-bar lookback period
Shows maximum and minimum price levels with labels
Provides middle line for potential reversal points
High Volume Support/Resistance Boxes
Creates boxes at pivot points with high trading volume
Green boxes indicate support areas
Red boxes indicate resistance areas
Shows "Break Sup" or "Break Res" labels when levels are broken
Displays diamonds when support or resistance holds
Visual Candle Coloring
Green candles during positive momentum
Red candles during negative momentum
Helps quickly identify the current trend direction
Volume Analysis
Filters support and resistance boxes based on volume
Higher volume levels create more significant support/resistance zones
Volume values displayed within the boxes
The indicator is particularly effective for identifying trend changes and key reversal points in the market, helping traders time their entries and exits with greater precision.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.