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Daksh Indicator

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The Daksh Indicator is designed for swing and position traders looking for clean and reliable entries/exits on HIGHER TIME FRAMES.
It combines RSI crossover signals, RSI slope filtering, and a custom cooldown period to avoid signal clutter and improve quality.

📊 Core Logic:
RSI Crossovers: Triggers a BUY when RSI crosses up from below the oversold zone, and SELL when RSI crosses down from overbought.

Slope Filter: Signals are only valid if the RSI slope exceeds a configurable threshold, helping filter out weak reversals.

Cooldown Timer: Once a trade is taken, a user-defined number of bars must pass before a new signal can appear.

Entry Flexibility: Option to plot entry labels using Open or Close price.

PnL Tracker: A live table shows entry price and running PnL (%) based on the last signal.

📣 Alerts:
The indicator supports alerts for BUY, SELL, and combined signals.

đź”’ Note:
This is a closed-source indicator due to proprietary signal filtering and trade timing logic developed through extensive personal research and testing.

⚙️ How to Use:
Use it on higher timeframes (e.g., 4H, Daily) to avoid false signals.

Look for signals aligned with major trend context.

Adjust the slope threshold and cooldown to fine-tune signal frequency.

Clause de non-responsabilité

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