Rubotics TDI Top/Bottom Indicator

11 saat önce

Rubotics TDI Top/Bottom Indicator (Short: Rubots TDI T/B)

Designed to plot signals and metrics directly on the price chart.

Core Components

Global Visual Settings:

Toggle to show/hide key visual elements such as tables and background highlights.
Displays strategy information, setup details, Discord link, and website.

MAVW Calculation:
Uses a series of weighted moving averages with Fibonacci-inspired lengths (3, 5, 8, 13, 21, 34).
Plots the MAVW with a dynamic color scheme: blue (upward), red (downward), yellow (neutral).

RSI Setup:
Computes the RSI on a user-selectable price source (default: close) with a default period of 14.
Adjustable thresholds for overbought/oversold conditions (defaults: 45 and 55).

TDI Module:
Converts the RSI into a dynamic channel using a simple moving average (SMA) with a length of 40.
Generates upper and lower bands by adding/subtracting a scaled standard deviation (multiplied by 1.6185).
Includes fast and slow TDI moving averages (default periods: 2 and 7) with an optional fill between bands.
Toggle to show/hide TDI visuals.

WaveTrend Oscillator:
Calculates a WaveTrend Oscillator with configurable channel and smoothing lengths.
Provides additional confirmation for momentum shifts using defined overbought/oversold levels.
Toggle to display the WaveTrend line.
Signal Generation Logic:

Buy Signal:
Triggered when RSI is below the lower threshold, TDI fast MA crosses above the TDI lower band (with prior bar confirmation), price is below MAVW, and WT indicates oversold conditions.
Plotted as an upward triangle (location adjusts based on TDI display settings).

Sell Signal:
Triggered when RSI is above the upper threshold, TDI fast MA crosses below the TDI upper band (with prior bar confirmation), price is above MAVW, and WT indicates overbought conditions.
Plotted as a downward triangle (location adjusts based on TDI display settings).
Includes alert conditions for both buy and sell signals.

Volume-Based Bar Coloring:
Uses a volume moving average (default length 30) to determine bar color based on volume strength.
Customizable color inputs for bullish and bearish candles across high, medium, and low volume ranges.

Additional Visual Elements:
Background color shifts based on RSI and WT conditions (red for overbought, green for oversold).
Displays a dynamic table with current values for MAVW, RSI, TDI bands (Upper, Middle, Lower), and WaveTrend for real-time monitoring.

Customization:
Extensive inputs allow for fine-tuning of each module to suit various market conditions and trading styles.
This indicator brings together multiple technical tools into one unified system, providing a comprehensive and user-friendly interface for advanced traders looking for reliable top and bottom signals.

9 saat önce

Sürüm Notları

Correction on discord invitelink