Multiple Indicators Screener

The Multiple Indicators Screener tool monitors up to 40 financial instruments simultaneously, providing real-time technical analysis across multiple core indicators for intraday and scalping strategies.

Usage

The Usage section describes how the script can be used to identify market conditions across a broad watchlist. By consolidating data into a single dashboard, traders can quickly spot opportunities without switching between multiple charts.

• Scalping & Quick Trades: Designed for low timeframes (1m, 3m, 5m), the dashboard highlights momentum and trend shifts.
• Trend Confirmation: Use the ADX column to filter for trending markets (above the specified level) and the RSI/Adaptive RSI columns to identify overbought or oversold conditions.
• Mean Reversion: The Bollinger Bands %B column helps identify when a price is stretched relative to its standard deviation bands.
• Crossover Tracking: The TEMA section provides visual cues for EMA-based pullbacks and crossovers.

Details

The script executes calculations for several popular technical indicators for every symbol in the list:

• Adaptive RSI: A modified RSI that adjusts its sensitivity based on price volatility.
• TEMA (Triple Exponential Moving Average): Utilizes a base smoothing period with fast and slow lines to generate responsive trend signals.
• ADX (Average Directional Index): Measures trend strength, helping to avoid "choppy" sideways markets.
• Bollinger Bands %B: Quantifies the price's position relative to the bands, where 1.0 is the upper band and 0 is the lower band.

Settings

System & Styling

• Activate Dark Mode: Adjusts the table colors for better visibility on dark chart themes.
• Enable Mobile Mode: Optimizes the table layout for smaller screens.
• Table Position / Font Size: Customizes the dashboard's location and text scale on the chart.

Indicator Parameters

• Adaptive RSI: Set the length and price source for the adaptive calculation.
• RSI: Configure standard RSI length and overbought/oversold threshold levels.
• Bollinger Band %B: Adjust the period, source, and standard deviation multiplier.
• ADX: Define smoothing periods and the threshold level for trend strength.
• TEMA: Set the base smoothing and the lengths for the fast and slow EMA lines.

Symbols

• S01 - S40: Toggle switches and symbol input fields to select which tickers to monitor in the screener.

FAQ

How do I interpret the TEMA state? The TEMA state indicates whether the fast line is above the slow line (bullish) or below it (bearish), with specific color changes during crossovers.

Can I use this on daily timeframes? While optimized for intraday scalping, the indicators will function on any timeframe supported by TradingView.

How do I access the Multiple Indicators Screener? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.