OPEN-SOURCE SCRIPT
VMC Cipher_B + Waves - RSI Filtered
Credits & Origins
This script is a collaborative evolution of one of the most respected toolsets in the TradingView community:
Original Concept: Based on the legendary work by VuManChu.
Pine Script v6 Modernization: Special thanks to seven_raspberries for the initial v6 port and optimization.
Enhancements & Filtering: Modified by Gemini AI to include advanced RSI signal filtering and additional momentum/volatility layers.
What’s New in This Version?
The main goal of this update is to solve the "noise" problem in trending markets—specifically when divergence signals appear too early during strong price moves.
Dynamic RSI Divergence Filter: You can now filter out Bearish/Bullish divergence dots based on RSI thresholds. For example, you can set the script to only show big red dots when RSI is above 60 or 70. This prevents getting "stopped out" by premature signals during parabolic runs.
Volatility-Ready Squeeze Dots: Integrated Squeeze Momentum dots on the zero line. These are now fully customizable in the Style/Inputs tab, allowing you to track volatility cycles without losing focus.
TDI (Traders Dynamic Index) Confirmation: Added TDI Green/Red signal lines. When these lines cross in confluence with a WaveTrend crossover, it confirms a high-probability trade entry.
Full Feature Retention: This version preserves all the original aesthetics, "Gold Buy" logic, and the table-based Momentum Dashboard from the earlier v6 master versions.
Settings Guide
RSI Filter Settings: Use this section to adjust the sensitivity of the large dots. High-volatility assets (like BTC) may benefit from a higher RSI Sell Filter (e.g., 65-75).
Overkill Extra: Toggle the Squeeze and TDI lines here to match your trading style.
License
This is an open-source script. Please maintain the credits to the authors above if you decide to modify or share this further.
This script is a collaborative evolution of one of the most respected toolsets in the TradingView community:
Original Concept: Based on the legendary work by VuManChu.
Pine Script v6 Modernization: Special thanks to seven_raspberries for the initial v6 port and optimization.
Enhancements & Filtering: Modified by Gemini AI to include advanced RSI signal filtering and additional momentum/volatility layers.
What’s New in This Version?
The main goal of this update is to solve the "noise" problem in trending markets—specifically when divergence signals appear too early during strong price moves.
Dynamic RSI Divergence Filter: You can now filter out Bearish/Bullish divergence dots based on RSI thresholds. For example, you can set the script to only show big red dots when RSI is above 60 or 70. This prevents getting "stopped out" by premature signals during parabolic runs.
Volatility-Ready Squeeze Dots: Integrated Squeeze Momentum dots on the zero line. These are now fully customizable in the Style/Inputs tab, allowing you to track volatility cycles without losing focus.
TDI (Traders Dynamic Index) Confirmation: Added TDI Green/Red signal lines. When these lines cross in confluence with a WaveTrend crossover, it confirms a high-probability trade entry.
Full Feature Retention: This version preserves all the original aesthetics, "Gold Buy" logic, and the table-based Momentum Dashboard from the earlier v6 master versions.
Settings Guide
RSI Filter Settings: Use this section to adjust the sensitivity of the large dots. High-volatility assets (like BTC) may benefit from a higher RSI Sell Filter (e.g., 65-75).
Overkill Extra: Toggle the Squeeze and TDI lines here to match your trading style.
License
This is an open-source script. Please maintain the credits to the authors above if you decide to modify or share this further.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.