OPEN-SOURCE SCRIPT
SUPER SPX T.S
Here is the professional English description for your indicator. You can use this if you want to save the script in your TradingView library or share it with others.
### **Indicator Name:** `SPX Pro: EMA Crossover with RSI Filter`
### **Description:**
This indicator is specifically optimized for **SPX (S&P 500)** trading, particularly for options traders (CALL/PUT). It combines trend-following moving averages with a momentum filter to identify high-probability entry points.
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### **Key Features:**
* **Dual EMA Engine:** Uses a **9-period Exponential Moving Average (Fast)** and a **21-period Exponential Moving Average (Slow)**. These are the standard benchmarks for identifying short-term momentum on the SPX.
* **RSI Momentum Filter:** Unlike standard crossover indicators, this script includes a built-in **Relative Strength Index (RSI)** filter.
* **CALL signals** are only generated if the RSI is below 65 (preventing buying at the absolute peak).
* **PUT signals** are only generated if the RSI is above 35 (preventing selling at the absolute bottom).
* **Visual Signals:** * **Green Triangle + "CALL":** Triggered when the 9 EMA crosses above the 21 EMA while the RSI allows for more upside.
* **Red Triangle + "PUT":** Triggered when the 9 EMA crosses below the 21 EMA while the RSI allows for more downside.
* **Clean Interface:** Displays the EMAs clearly on the chart to help identify dynamic support and resistance levels.
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### **How to Use:**
1. **Timeframe:** Recommended for **5-minute** and **15-minute** charts for day trading.
2. **Confirmation:** Look for the signal to appear after the candle closes to ensure the crossover is confirmed.
3. **Strategy:** This indicator works best when the SPX is trending. During a "sideways" or "choppy" market, the RSI filter will help eliminate many false signals that standard crossovers usually fail to catch.
---
**Next Step:**
Would you like me to add a **"Table"** on the corner of the screen that shows the current RSI value and the trend status (Bullish/Bearish) so you don't have to keep looking at the bottom of the chart?
### **Indicator Name:** `SPX Pro: EMA Crossover with RSI Filter`
### **Description:**
This indicator is specifically optimized for **SPX (S&P 500)** trading, particularly for options traders (CALL/PUT). It combines trend-following moving averages with a momentum filter to identify high-probability entry points.
---
### **Key Features:**
* **Dual EMA Engine:** Uses a **9-period Exponential Moving Average (Fast)** and a **21-period Exponential Moving Average (Slow)**. These are the standard benchmarks for identifying short-term momentum on the SPX.
* **RSI Momentum Filter:** Unlike standard crossover indicators, this script includes a built-in **Relative Strength Index (RSI)** filter.
* **CALL signals** are only generated if the RSI is below 65 (preventing buying at the absolute peak).
* **PUT signals** are only generated if the RSI is above 35 (preventing selling at the absolute bottom).
* **Visual Signals:** * **Green Triangle + "CALL":** Triggered when the 9 EMA crosses above the 21 EMA while the RSI allows for more upside.
* **Red Triangle + "PUT":** Triggered when the 9 EMA crosses below the 21 EMA while the RSI allows for more downside.
* **Clean Interface:** Displays the EMAs clearly on the chart to help identify dynamic support and resistance levels.
---
### **How to Use:**
1. **Timeframe:** Recommended for **5-minute** and **15-minute** charts for day trading.
2. **Confirmation:** Look for the signal to appear after the candle closes to ensure the crossover is confirmed.
3. **Strategy:** This indicator works best when the SPX is trending. During a "sideways" or "choppy" market, the RSI filter will help eliminate many false signals that standard crossovers usually fail to catch.
---
**Next Step:**
Would you like me to add a **"Table"** on the corner of the screen that shows the current RSI value and the trend status (Bullish/Bearish) so you don't have to keep looking at the bottom of the chart?
Skrip sumber terbuka
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.