Dynamic Multi Oscillators Dashboard 4.2

MOD: Dynamic Multi-Oscillator Dashboard
Short Summary

The Dynamic Multi-Oscillator Dashboard (MOD) is an all-in-one momentum and trend analysis tool designed to cut through the noise of using dozens of separate indicators. It aggregates signals from a comprehensive suite of classic oscillators and trend-following metrics into a clear, weighted scoring system for bullish, bearish, and neutral sentiment.

More than just a dashboard, MOD is a fully adaptive system. It intelligently adjusts its own parameters based on the chart's timeframe and its sensitivity based on real-time market volatility and trend strength, providing a truly dynamic view of market momentum.

Key Features
Advanced Scoring System: The indicator calculates a Bull, Bear, and Neutral score every bar based on a weighted combination of signals. This provides a constant, quantifiable measure of market sentiment.

Comprehensive Oscillator Suite: It incorporates signals from RSI, Stochastic, MACD, Awesome Oscillator (AO), ADX, DeMarker, Williams %R, True Strength Index (TSI), and Chaikin Money Flow (CMF).

Automatic Timeframe Adaptation: The indicator automatically detects if you are on a scalping, intraday, swing, or directional (long-term) timeframe and applies a unique, optimized set of parameters for each. This eliminates the need for manual retuning.

Dynamic Volatility Adjustment: Using the ATR, the indicator adjusts its signal thresholds in real-time. In high volatility, it requires stronger signals to avoid noise. In low volatility, it becomes more sensitive to catch moves early.

Adaptive Weighting for Market Regimes: The script identifies whether the market is in a strong trend or a ranging state. It then automatically increases the importance of trend-following components (like MACD) in a trend and range-bound oscillators (like Stochastic) in a range.

Built-in Divergence Detection: Automatically scans for regular and hidden bullish/bearish divergences on all major oscillators, a powerful tool for spotting potential reversals. The score for divergences is given a higher weight.

Multi-Lookback Dashboard: The clean and intuitive dashboard shows you the Bull, Bear, Neutral, and Divergence status for the current bar, as well as for two user-defined lookback periods (e.g., 2 bars ago and 5 bars ago), allowing you to see momentum developing over time.

Advanced Signal Confirmation: The scoring logic includes sophisticated inputs like Volume Confirmation, bonuses for signals occurring near key Market Structure (pivots), MACD Histogram "ticks", and the angle of the Stochastic %K line.

Fully Customizable Alerts: Create alerts for strong momentum, shifts in momentum (Net Strength crossing its signal line), or transitions from neutral to a trend (Net Strength crossing the zero line).

How to Use This Indicator
There are two primary components to watch: the Dashboard and the Net Strength plot.

1. The Dashboard
The dashboard gives you a snapshot of market sentiment.

Percentages (%): Look for one sentiment gaining dominance. A Bull % rising while the Bear % is falling indicates strengthening bullish conviction.

Net Strength Score: This is the raw Bull Score - Bear Score. A positive and rising value is bullish; a negative and falling value is bearish.

Divergence: This row will instantly tell you if any of the enabled oscillators are showing a Bullish or Bearish divergence, which is often a leading indicator of a reversal.

2. The Net Strength Plot
This plot visualizes the Net Strength score as an oscillator.

Zero Line Cross: When the Net Strength plot crosses above the zero line, it signals that bullish momentum is now outweighing bearish momentum. A cross below zero signals the opposite.

Signal Line Cross: A crossover of the Net Strength line and its signal line (the teal moving average) is an earlier indication of a potential shift in momentum, similar to a MACD crossover.

Background Color: A green background highlights a very strong bullish reading, while a red background highlights a very strong bearish reading, based on your alert thresholds.

Strategy: Look for Confluence
The true power of this tool comes from finding confluence. A high-probability setup occurs when multiple signals align. For example:

A strong bullish setup: The Bull % on the dashboard is high and rising, a "Bull" divergence appears, and the Net Strength plot crosses above its signal line from a low level.

Customization and Settings
Timeframe Automation: You can disable this to manually tune all parameters, or you can adjust the minute-thresholds to define your own trading styles.

Alerts & Weights: This is the engine room. You can change the weights for MACD, Divergences, Crossovers, and more to tailor the scoring algorithm to your personal trading strategy.

Divergence Options: You can enable/disable divergence detection for each oscillator individually to reduce noise or focus on your favorites.

Dashboard Display: Change the position of the dashboard and the lookback periods to fit your charting style.

---
Support the Author:
If you find this indicator helpful and wish to support its future development, you can do so by donating here. Your support is greatly appreciated!
Support via PayPal: paypal.me/jalbertoalpizar
---

Disclaimer: This indicator is a tool for market analysis and should not be considered financial advice. All trading involves risk. Please use proper risk management and test any new tool thoroughly before using it in a live trading environment. Past performance is not indicative of future results.