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.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.