Moving Average Crosses with RSI Filter - Advanced Dashboard

20 jam lalu

📊 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). 🔴