Multiple Indicators Screener

The Multiple Indicators Screener indicator provides a comprehensive dashboard for tracking technical conditions across up to 40 different symbols simultaneously. It consolidates RSI, TSI, ADX, and SuperTrend data into a centralized table, allowing traders to monitor market-wide trends and overbought/oversold levels from a single chart.

Usage

The Usage section describes how the script can be used, examples should be provided in this section. This tool is primarily used for multi-symbol market scanning. By viewing the generated table, users can identify which assets are trending or reaching exhaustion points without manually switching between charts.

• Identifying Extremes: Use the RSI and TSI columns to spot assets in overbought or oversold territory. The table cells change color when values exceed user-defined thresholds (e.g., RSI > 70 or < 30).
• Trend Confirmation: The SuperTrend column provides a visual cue for the current trend direction (Bullish/Bearish) for each ticker.
• Volatility and Strength: Use the ADX column to determine if a symbol is in a strong trend (typically > 25-40) or ranging.
• Filtering: Users can filter the list based on specific criteria, such as price ranges or indicator values, to focus only on relevant symbols.

Details

The script utilizes request.security() to fetch data for various symbols and timeframes. It encapsulates multiple technical indicators into a single function to maintain performance efficiency.

• RSI (Relative Strength Index): Measures the speed and change of price movements.
• TSI (True Strength Index): A momentum oscillator based on a double-smoothed exponential moving average of price changes.
• ADX (Average Directional Index): Quantifies trend strength by calculating the smoothed average of the difference between directional movement indicators.
• SuperTrend: A trend-following indicator that combines ATR and median price to determine support and resistance levels.

The results are organized into a matrix and rendered using the Pine Script table functions, with dynamic background coloring for quick visual interpretation.

Settings

• Filter Settings:
  • Filter Enabled: Toggles the symbol filtering system.
  • Column: Selects which indicator or value to use as the filtering criterion.
  • From / To: Defines the numerical range for the selected filter column.
• Indicator Parameters:
  • RSI Length / Overbought / Oversold: Adjusts the period and threshold levels for the RSI calculation.
  • TSI Long / Short Length / Overbought / Oversold: Configures the double-smoothing periods and thresholds for the TSI.
  • ADX Smoothing / DI Length / Level: Sets the calculation periods for ADX and the threshold for highlighting trend strength.
  • Supertrend ATR Length / Factor: Adjusts the sensitivity and volatility multiplier for trend detection.
• Symbols:
  • Enable Toggle: A checkbox to include or exclude a specific row from the table.
  • Symbol Input: Allows users to define custom tickers (Forex, Crypto, Stocks, etc.) for each of the 40 available slots.

FAQ

How do I change the symbols shown in the table? You can modify the tickers in the "Symbols" group within the indicator settings. Simply type the ticker name or use the symbol search tool for each slot.

Can I use this on different timeframes? Yes, the table will calculate indicator values based on the timeframe currently selected on your chart, or you can modify the script to hardcode a specific timeframe.

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.