OPEN-SOURCE SCRIPT

Trend Indicator AO (weighted RSI, ADX, ROC)

Mis à jour
Analyze market trends with a customizable tool that combines RSI, ADX, ROC, and Stochastic indicators.

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🌟 Features:
  • Dynamic AO Coloring: The Awesome Oscillator (AO) changes color based on the calculated trend direction.
  • Customizable Weights: Adjust the importance of each indicator (RSI, ADX, ROC, Stochastic) to match your trading style.
  • Overbought/Oversold Levels: Easily spot market extremes using adjustable RSI and Stochastic thresholds.
  • Alerts: Get notified when strong bullish or bearish conditions occur.
  • Grouped Settings: All settings are neatly organized for easy configuration.


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⚙️ Customizable Settings:
  • RSI Settings: Change the RSI source, period, and overbought/oversold levels.
  • ADX Settings: Set the ADX period and trend strength threshold.
  • ROC Settings: Adjust the ROC calculation period.
  • Stochastic Settings: Customize the %K and %D periods.
  • Weights: Fine-tune the impact of each indicator on the overall trend calculation.


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🔔 Alerts:
Receive alerts when:
- Strong Buy: The trend shows significant bullish momentum.
- Strong Sell: The trend shows significant bearish momentum.
Notes de version
* Corrected Awesome Oscillator (AO) Calculation
* Updated Alert Mechanism
* Added Visualization for Normalized Global Bias
* Dynamic Coloring for Awesome Oscillator (AO)
* Global Bias Calculation and Normalization
Average Directional Index (ADX)Awesome Oscillator (AO)Relative Strength Index (RSI)

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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