IndicatorRSIStochATR
- Indicatori
-
Ilya Putintsev
I'm a simple Russian guy who started working on Iskra computers with 5.25" floppy disks, back when there were no 3.5" floppy disks. I remember when the game Doom was released, and I played StarCraft before I started programming, first in Basic and then in Pascal. In high school and later in college - Versione: 1.0
The Triple Fusion Signal (Confluence): Catching The Perfect U-Turn
Single indicators often cause false positives, collecting "market noise". But when three completely different tools logically point to the same point at the same time, this is already a weighty argument for entry. This signal is based on the principle of Confluence (confluence of factors), combining the strength of oscillators with daily price boundaries.
What does the signal include?
The signal combines three independent levels of analysis:
RSI (Macro-mood filter): Determines the global overheating of the market. Shows when the instrument is driven too deep down (oversold) or soared too high (overbought).
Stochastic (Local trigger): Looks for short-term impulses and precise mathematical reversal points (fast and slow lines crossing) inside the overheating zones.
Daily Range Position (Structural Filter): Measures the position of the current price relative to the extremes of the current day in the range from 0% (the lowest point of the day) to 100% (the highest point of the day). This is a protection against trading against a strong daily trend.
How it works
The indicator waits for a rare but powerful moment when all three conditions are met simultaneously. The signal is issued strictly at the close of the candle, so the formed arrow is never redrawn.
BUY signal (Green up arrow):
The market is falling. RSI reports a hard oversold. Stochastic lines entered the "bottom" and crossed from the bottom to the top. At the same time, the price has bumped into a strong daily support level and is within 15% of the very low of the day.
Signal to SELL (Red arrow down):
The market is growing. RSI signals overbought. Stochastic crossed at the top and looks down. The price has approached the daily maximum (within 15% of the upper limit of the day), storming the resistance.
Smart Dashboard: Everything is under control
So that the trader does not sit in ignorance, waiting for the arrow, a graphic scoreboard is displayed on the side of the chart.
It recalculates the "mathematics" of each indicator in real time.
Each line dynamically changes color: green - the indicator is ready for purchases, red - for sales, gray - the market is in standby mode (Neutral).
You always see which of the three factors is stalling, and how close the market is to forming a strong signal.
