Futures Simple FS Screener

29 août 2022

Simple FS Screener

This indicator allows traders to have a simple view of multiple pairs and timeframe buy/sell signals, based on the Futures FS Indicator also developed by me.

Futures FS Indicator Fundamentals

1. Exponential Moving Average (EMAs): The base indicator is composed of moving averages of 5, 10, 11, 13, 36 and 55 exponential periods.
2. Squeeze Momentum: This indicator allows the signals to go with the trend and not against it.
3. VPVR (Volume Profile Visible Range): It allows to determine the Point of Control (POC) which is the node with the highest volume profile. This can be used as an important retest point or to calculate potential support and resistance.
4. ADX (Average Directional Index): The ADX helps the indicator to estimate the strength of the movement, always considering the DI+ and DI- to not go against the trend.
5. RSI (Relative Strength Index): The RSI helps measuring the speed and magnitude of the recent price changes to evaluate overvalued or undervalued conditions in the price of that security. The indicator considers RSI 5, 13 and 50 as bottom and top, respectively.
6. MACD (Moving average convergence divergence): The MACD is a trend-following momentum indicator that shows the relationship between moving averages. The indicator uses moving averages of 5, 8 and 21).



Simple Screener Panel

This panel allows the trader to monitor multiple pairs at a single screen, giving an immediate vision of possible entries and exits (Long/Short/Strong Long/Strong Short Signals). It has the following characteristics:

• It can be placed anywhere on the screen through the main menu of the indicator.
  
• It can be combined with the same indicator multiple times, as per screener is limited to show 40 pairs, you can select the number of panels being added to adjust position one next to each other.
  
• It strengthens colors when a pair has changed its signals in order to the trader to know immediate changes and then do the follow up
  
• The screener shows the pairs (which can be changed within the menus) and as part of being the simple screener it shows the Long, Short, Strong Long and Strong Short Signals. Therefore, the EMAs, SQZ, ADX, VPVR, RSI and MACD are calculated internally and its data will not be shown.
  

For viewing all parameters, refer to the Futures FS Full Screener or the TwV Futures Indicator – FS, which are other indicators that might be on my TradingView Profile

2 sept. 2022

Notes de version

Various

• Fixed parameters min value
  
• Changed default colors for better looking
  
• Fixed positions of simples when enabling and disabling them in the menu
  
• Multi-language support for screeners (Spanish and English)