5 in 1 (rsi,aroon,stoch,macd,adx di)

The 5 in 1 (rsi,aroon,stoch,macd,adx di) indicator provides a consolidated toolkit that allows users to toggle between five popular technical analysis oscillators within a single indicator pane. This tool aims to save screen real estate and streamline workspace organization by offering quick access to RSI, Aroon, MACD, Stochastic, and ADX/DI metrics.

Usage

The tool is designed for flexibility, allowing traders to switch between different analytical perspectives without cluttering the chart with multiple separate indicator windows.

• RSI: Useful for identifying overbought (above 80) and oversold (below 20) conditions. It includes an integrated SMA for trend smoothing and crossover signals.
• Aroon: Helps in identifying the start of a new trend and the strength of that trend. The oscillator displays background highlights when reaching extreme levels.
• MACD: Ideal for momentum and trend-following strategies, featuring the MACD line, Signal line, and Histogram.
• Stochastic: Provides %K and %D lines to spot potential reversals in range-bound or trending markets.
• ADX DI: Measures trend strength (ADX) and direction (+DI/-DI). A threshold line is included to help identify when a trend is becoming significant.

Details

This script functions as a multi-mode oscillator. Users can enable only one mode at a time to maintain clarity.

• Aroon Oscillator: Calculated based on the highest highs and lowest lows over a specified period.
• RSI with SMA: A standard Relative Strength Index paired with a Simple Moving Average of the RSI itself.
• MACD: Standard EMA-based calculation for fast and slow periods.
• Stochastic: Includes smoothing for the %K line to reduce noise.
• ADX/DI: Uses the Directional Movement Index logic to provide both trend direction and a strength intensity value (ADX).

Settings

• AROON: Toggle to display the Aroon Oscillator.
• Length: Calculation period for Aroon.
• RSI: Toggle to display the RSI and its SMA.
• Source: The price source used for RSI and MACD calculations.
• Length RSI: The lookback period for the RSI.
• Length sma RSI: The period for the SMA applied to the RSI.
• MACD: Toggle to display the MACD components.
• MACD Fast/Slow/Signal Length: Parameters for the exponential moving averages used in MACD.
• STOCHASTIC: Toggle to display the Stochastic Oscillator.
• Stoch K / D / Smooth: Parameters for the %K period, %D period, and %K smoothing.
• ADX DI: Toggle to display the ADX and Directional Indicators.
• DI Length / ADX Smoothing: Parameters for DMI and ADX calculations.
• ADX threshold: A horizontal level used to identify a strong trend.

FAQ

How do I switch between indicators?

You can switch between indicators by opening the script settings and checking the boolean box for the specific indicator you wish to view (e.g., check "MACD" and uncheck others).

Can I see multiple indicators at the same time?

While the script allows checking multiple boxes, it is optimized to show one at a time to maintain proper scale, as the Y-axis scales differ between indicators like MACD and RSI.

How can I get access to 5 in 1 (rsi,aroon,stoch,macd,adx di)?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.