AI Signal - Remastered

The AI Signal - Remastered indicator provides a comprehensive trend-following framework that combines multi-period moving averages with a modified Supertrend logic to identify momentum shifts and market entry points.

Usage

The Usage section describes how the script can be used to interpret market trends and execute trades based on visual confirmations.

• Trend Confirmation: Use the EMA Energy ribbon to gauge momentum. When the majority of the 15 EMAs are colored green, the market exhibits bullish energy; conversely, red lines indicate bearish energy.
• Signal Execution: Traders can look for "BUY" labels appearing below the price action when the close crosses above the modified Supertrend, or "SELL" labels above the price action when it crosses below.
• Visual Filtering: The candlestick coloring provides a secondary layer of confirmation. Lime candlesticks represent an uptrend according to standard Supertrend calculations, while red candlesticks represent a downtrend.
• Trend Catcher Background: Temporary background highlights may appear during short-term EMA crossovers (10/20), offering additional confirmation for rapid momentum changes.

Details

The AI Signal - Remastered is built using several distinct technical components:

• EMA Energy Ribbon: Consists of 15 Exponential Moving Averages calculated on the "High" price with periods ranging from 9 to 51. The dynamic coloring (green when price is above, red when below) creates a visual heat map of trend strength across various timeframes.
• Modified Supertrend: Unlike standard versions that use ATR, this calculation utilizes a Keltner Channel-based range. This modification allows for different sensitivity levels and reactivity to price volatility compared to traditional trend-following tools.
• Dual-Trend Logic: The script uses two different Supertrend calculations simultaneously. The modified version generates the specific BUY/SELL labels, while a standard TradingView ta.supertrend calculation is used for the candlestick coloring, allowing traders to see where different trend models converge or diverge.

Settings

The indicator settings are divided into core parameters and visualization toggles:

• EMA Energy: Toggles the visibility of the 15-period EMA ribbon.
• Sensitivity: Adjusts the multiplier for the modified Supertrend (Range: 0.5 – 10). Higher values result in fewer, more stable signals, while lower values increase sensitivity to price fluctuations.
• Keltner Channel Length: Sets the lookback period for the Keltner Channel used in the modified Supertrend calculation.
• ATR Length: Sets the period for the Average True Range used specifically for the standard Supertrend (candle coloring).
• Factor: The multiplier used for the standard Supertrend bands.

FAQ

How do I interpret the BUY and SELL labels? The BUY and SELL labels are generated when the price crosses the modified Supertrend line. These are most effective when they align with the overall color of the EMA Energy ribbon and the colored candlesticks.

Why do the candle colors sometimes differ from the BUY/SELL labels? The labels use a custom Keltner-based Supertrend, while the candle colors use a standard ATR-based Supertrend. When both align, it signifies a higher-probability trend confirmation.

How can I access the AI Signal - Remastered? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.