FSS Multi-Coin Screener 2.0 -- by @Flokicrypto

10 mar 2023

FSS Multi-Coin Screener is built so that the user can scan the target timeframe quickly to see on which coins FSS Buy or Sell signals have shown up in the last closed candle or is currently printing on the real-time candle. As opposed to the FSS Indicator MTF Screener which scans multiple timeframes. This saves both the time and effort of having to browse through multiple coin pairs or stocks. By using this script the user will be able to quickly screen through the table and read what the FSS indicator is telling, without touching switching the ticker. Its uniqueness and originality is tightly related to its tandem work with the FSS Indicator (You can find the description of this indicator below).

Above you can see Bitcoin printed on the chart 3 candles prior, and several FSS buy signals on the table below the chart. *I am using low timeframes for the chart because I could not find any current signals on higher timeframes.

Below you can see Buy signals on multiple coins in the table, and on the chart a 5 min buy signal on APEUSDTPERP (which is not even in the table).




** The format of the table, cells and text can be changed without notice, but it is my plan to make as many things as possible with regards to the table, editable by the user in the long term.



About the FSS Indicator:

This FSS Indicator script (which is included within this screener) is unique not only in that it removes the need for the user to run each of these indicators individually; it provides an ‘at-a-glance’ summary of the aggregate indicator data, while also providing the user a simultaneous recommended stop loss value based on past market behavior for the given asset and the user's tolerance to risk by editing the ATR Multiplier in the inputs.

The basic concept of the script is to apply past data to present market conditions, and through the use of that data, provide an additional confluence/confirmation signal which simultaneously provides a recommended stop loss value based on average true range (ATR).

The FSS Indicator uses a blend of :
RSI: If within a defined RSI range, increments print score.
MACD: trend and crossovers increment print score.
Histogram: increments print score if a trend of X candles is up or down.
21 EMA: Increments print score if price is above/below 21EMA.
Parabolic SAR: Increments print score if price is above/below Parabolic SAR .

These parameters generate a print score, which is then determined to be sufficient or not to print a LONG or a SHORT signal on the candle.

The indicator isn't built to find bottoms or tops, won't trigger 100% of the time, but should see a high success rate when triggered on higher timeframes. After testing on several pairs/tickers ( Bitcoin , Ethereum , XRP, DJI, SPX and others) on multiple timeframes I have seen the best results on 12-hour, Daily, 2-day, 3-day & weekly timeframes. The success criteria are as follows: Stop Loss not hitting before a rise of at least 10% in value for a long, or a loss of at least 10% in value for a short; waiting until the signal-candle closes for confirmation and back testing.


**Disclaimer: The recommendations of the Indicator/Screener are the result of back-tests and past results will never guarantee future performance of this script on any chart.**

10 mar 2023

Note di rilascio

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