Description: This Pine Script is a custom trading strategy that combines the power of the RSI (Relative Strength Index) and MFI (Money Flow Index) indicators with additional signal filters and a user-friendly dashboard. The strategy is designed to identify potential entry and exit points based on dynamic conditions, providing an advanced approach to technical analysis and decision-making in trading.
Key Features: RSI-Based Signals:
Generates buy signals when the RSI-based moving average crosses above specific thresholds (29 and 50). Generates sell signals when the RSI-based moving average crosses below specific thresholds (50 and 69). MFI Filtering:
Signals are validated only if the MFI value is within the specified range of 20 to 80, ensuring that signals are generated only when market conditions are favorable. Dynamic Signal Thresholds:
The script includes adjustable thresholds for the percentage difference between consecutive bars, as well as the range between high and low prices, to refine signal accuracy. Dashboard:
Displays real-time statistics in the top right corner of the chart, including the total number of signals, the count of buy and sell signals, and the time duration over which these signals were generated. How to Use: Settings: Customize the RSI and MFI lengths, along with thresholds for price movement and MFI range. This flexibility allows the strategy to be tailored to different market conditions and timeframes. Dashboard Insight: Track the strategy's performance in real-time, with an intuitive overview of generated signals and their time distribution on the chart. Ideal For: This script is suitable for traders seeking a robust, customizable, and real-time signal generation strategy that combines momentum and volume indicators. The strategy’s unique filtering mechanism provides a higher level of precision, making it an excellent tool for those who prioritize signal accuracy and clarity.
진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.