Indicators Overlay

The Indicators Overlay indicator provides a multi-panel visualization system that displays several technical oscillators and volume metrics directly on the main chart area for efficient workspace management. By dynamically positioning indicator windows at the top or bottom of the chart based on price movement, it allows traders to monitor RSI, CCI, OBV, and other essential metrics without cluttering the sub-pane area.

Usage

The Usage section describes how the script can be used to streamline multi-indicator analysis. The tool is designed to provide a comprehensive overview of momentum, trend, and volume without requiring the user to scroll through multiple sub-windows.

• Dynamic Positioning: The indicator windows automatically shift between the top and bottom of the chart depending on the recent closing price. This ensures that the technical indicators do not overlap with price action candles.
• Layering Management: To ensure the overlay windows remain visible above other chart elements, users should right-click any indicator window and select "Visual Order" -> "Bring to front."
• Customization: Users can toggle individual indicators on or off. When multiple indicators are enabled, they stack vertically within the designated window area. The "Length for Each Window" setting controls the horizontal lookback period for the plotted data.

Details

The script incorporates several popular technical indicators, each with customizable source inputs and periods. The following metrics are supported:

• Momentum Oscillators: Relative Strength Index (RSI), Commodity Channel Index (CCI), Stochastic, Money Flow Index (MFI), Chande Momentum Oscillator (CMO), and Stochastic RSI.
• Volume Metrics: On Balance Volume (OBV) and Chaikin Money Flow (CMF).
• Trend & Volatility: Directional Movement Index (DMI/ADX) and Average True Range (ATR).

The implementation uses a modular drawing system to render horizontal levels (e.g., 30/70 for RSI or -100/100 for CCI) as dashed lines with accompanying labels. It also includes optimized alert conditions for common signals, such as overbought/oversold crosses and signal line crossovers.

Settings

Indicators

• Indicator Enable/Disable: Checkboxes to show or hide specific tools like RSI, CCI, OBV, etc.
• Source/Length: Individual inputs for each indicator to define the calculation source (e.g., Close, HLC3) and the lookback period.

Extension & Aesthetics

• Length for Each Window: Determines the number of bars used to display the indicator's history within its overlay window.
• Line Width: Adjusts the thickness of the indicator plots.
• Different Colors for Indicators: A toggle to use a predefined color palette for each unique indicator or a custom user-defined theme.
• Custom Colors: Three color pickers used to theme the display when "Different Colors" is disabled.

FAQ

How do I adjust the size of the indicator windows? You can modify the "Length for Each Window" setting in the Extension group to increase or decrease the horizontal span of the indicators.

Can I set alerts for specific level crosses? Yes, the script includes built-in alert functionality for common technical events like RSI crossing 30/70 or DMI crossovers. These can be configured via the TradingView Alert menu.

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