RCI 2 Dashboards ✅

Strategy: RCI 2 Dashboards BY Sonu JAIN
This advanced strategy is built around the Rank Correlation Index (RCI), a unique momentum oscillator, and combines it with a comprehensive suite of powerful indicators to identify high-probability trading opportunities. The strategy’s core strength lies in its ability to filter signals using up to 12 different conditions for both long and short trades.

To make the decision-making process clear and intuitive, the strategy features two dynamic, customizable dashboards right on your chart. The first dashboard gives you a live, detailed breakdown of which conditions are met, while the second provides a real-time overview of the strategy’s performance.

How It Works
The strategy generates entry signals based on RCI crossovers and crossunders. These signals are then filtered by a customizable combination of other indicators to confirm the trade.

Long Entry:

The RCI crosses over its moving average.

All enabled long-side filters are met.

Short Entry:

The RCI crosses under its moving average.

All enabled short-side filters are met.

Key Features
RCI Crossover Logic: The core of the strategy is an RCI crossover/crossunder with a customizable moving average (MA). You can choose from SMA, EMA, SMMA (RMA), WMA, or VWMA.

12 Optional Filters: This strategy goes far beyond a simple RCI signal. You can enable or disable a wide range of filters to refine your entries. These include:

Trend: Supertrend, Parabolic SAR (SAR), and Vortex Indicator.

Volatility: Keltner Channels (KC) and Bollinger Bands (BB).

Momentum: Woodies CCI, Money Flow Index (MFI), and Relative Strength Index (RSI).

Volume: On-Balance Volume (OBV) and simple Volume analysis.

Directional Strength: Average Directional Index (ADX).

Timing: A time-of-day filter to trade only during specific market hours.

Dual Dashboards:

Detailed Condition Dashboard: This dashboard shows you exactly which of the 12 filters are currently met with a simple ✓ or ✗. This provides instant clarity on why a trade is or isn't being considered.

Performance Dashboard: This dashboard displays key performance metrics in real-time, including net profit, win rate, profit factor, max drawdown, and current/max winning and losing streaks. It also provides details on the most recent trade, such as entry, stop-loss, and exit prices.

Customizable Stop Loss: The strategy includes a fixed percentage-based stop loss for both long and short positions, which you can easily configure in the settings.

Trade Direction Control: You can choose to trade "Long Only," "Short Only," or "Long & Short," giving you complete control over your trading bias.

This strategy is a powerful tool for traders who want to build a robust, multi-filtered system. The included dashboards make it an excellent educational tool for understanding how different indicators work together to form a complete trading plan. You can use it to backtest and optimize your own unique combination of indicators to find the perfect setup for your market and timeframe.