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RvKortenhof - Signals + Futuretest

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RvKortenhof

RvKortenhof is a market regime and signal indicator based on the principles of RSI range analysis developed by Rick.

Historical Trade Tracking & Backtesting
When the indicator is applied to the chart, all new signals from that moment forward are automatically tracked and remain visible. This allows traders to review future setups, analyze trade performance, and perform a realistic visual backtest without displaying previous historical signals from before the indicator was activated.

Unlike traditional RSI overbought and oversold interpretations, this indicator focuses on identifying bullish and bearish RSI ranges combined with trend direction to detect stronger market conditions and potential trading opportunities.

Key Features

RSI
Identifies bullish and bearish market regimes by analyzing RSI behavior within configurable ranges.

Trend Confirmation
Uses a moving average trend filter to determine whether market conditions support bullish or bearish setups.

Signal Generation
Provides BUY and SELL signals when a new market regime is confirmed, helping traders identify potential entry opportunities.

Multi-Timeframe Confirmation
Optional higher timeframe confirmation can be enabled to improve signal quality and align trades with broader market direction.

Market Condition Filter
Optional ADX-based filtering helps avoid weaker market conditions with insufficient momentum.

Risk Management Tools
Automatically displays:

- Entry level
- Stop Loss level
- TP1, TP2 & TP3

with configurable ATR-based risk/reward calculations.

Trade Visualization
When enabled, every new signal can remain visible on the chart with complete trade structure, including risk and reward zones.

Performance Dashboard
The integrated dashboard provides important market information including:

- Current market regime
- RSI value
- Trend direction
- ATR value
- Number of tracked trades
- Wins and losses
- Win rate
- How It Works

The indicator combines RSI range analysis with trend confirmation:

Bullish conditions are identified when price is in an uptrend and RSI remains within a defined bullish range.
Bearish conditions are identified when price is in a downtrend and RSI remains within a defined bearish range.
Signals are generated when a confirmed regime transition occurs.

The goal is to help traders recognize market structure changes and avoid relying solely on traditional RSI extremes.

Recommended Usage

This indicator can be used for:

- Intraday trading
- Swing trading
- Trend-following strategies
- Market regime analysis

Best results are generally achieved when combined with proper risk management and additional market analysis.

Disclaimer

This indicator is a technical analysis tool and should not be considered financial advice. Trading involves risk, and users should always perform their own analysis before making trading decisions.

© RvKortenhof
Release Note
RvKortenhof

RvKortenhof in an signal indicator based on the principles of RSI range analysis developed by Rick.

Historical Trade Tracking & Backtesting
When the indicator is applied to the chart, all new signals from that moment forward are automatically tracked and remain visible. This allows traders to review future setups, analyze trade performance, and perform a realistic visual backtest without displaying previous historical signals from before the indicator was activated.

For optimal performance, this indicator works best on the US100 (Nasdaq 100) 1-minute chart, where price action is highly liquid and volatility creates frequent high-quality trading opportunities. The strategy is specifically tuned to capture short-term momentum shifts in fast-moving market conditions, making lower timeframes like 1M ideal for signal accuracy and responsiveness.

Within the settings, users can define a custom backtest start date, allowing full control over the historical period used for performance evaluation. This makes it possible to isolate specific market conditions, test recent behavior, or simulate strategy performance from a chosen point in time without interference from older data.

Due to its multi-layer confirmation system (trend, RSI regime, and optional filters), the indicator is designed to maintain a high win rate in trending and momentum-driven environments, especially when used on the recommended timeframe and instrument.

Unlike traditional RSI overbought and oversold interpretations, this indicator focuses on identifying bullish and bearish RSI ranges combined with trend direction to detect stronger market conditions and potential trading opportunities.

Key Features

✅ RSI Range Analysis
Identifies bullish and bearish market regimes by analyzing RSI behavior within configurable ranges.

✅ Trend Confirmation
Uses a moving average trend filter to determine whether market conditions support bullish or bearish setups.

✅ Signal Generation
Provides BUY and SELL signals when a new market regime is confirmed, helping traders identify potential entry opportunities.

✅ Multi-Timeframe Confirmation
Optional higher timeframe confirmation can be enabled to improve signal quality and align trades with broader market direction.

✅ Market Condition Filter
Optional ADX-based filtering helps avoid weaker market conditions with insufficient momentum.

✅ Risk Management Tools
Automatically displays:

- Entry level
- Stop Loss level
- TP1, TP2 & TP3

with configurable ATR-based risk/reward calculations.

✅ Trade Visualization
When enabled, every new signal can remain visible on the chart with complete trade structure, including risk and reward zones.

✅ Performance Dashboard
The integrated dashboard provides important market information including:

- Current market regime
- RSI value
- Trend direction
- ATR value
- Number of tracked trades
- Wins and losses
- Win rate

How It Works

The indicator combines RSI range analysis with trend confirmation:

Bullish conditions are identified when price is in an uptrend and RSI remains within a defined bullish range.
Bearish conditions are identified when price is in a downtrend and RSI remains within a defined bearish range.
Signals are generated when a confirmed regime transition occurs.

The goal is to help traders recognize market structure changes and avoid relying solely on traditional RSI extremes.

Recommended Usage

This indicator can be used for:

- Intraday trading
- Swing trading
- Trend-following strategies
- Market regime analysis

Best results are generally achieved when combined with proper risk management and additional market analysis.

Disclaimer

This indicator is a technical analysis tool and should not be considered financial advice. Trading involves risk, and users should always perform their own analysis before making trading decisions.

© RvKortenhof
Release Note
RvKortenhof

RvKortenhof is a market regime and signal indicator based on the principles of RSI range analysis developed by Rick.

Historical Trade Tracking & Backtesting
When the indicator is applied to the chart, all new signals from that moment forward are automatically tracked and remain visible. This allows traders to review future setups, analyze trade performance, and perform a realistic visual backtest without displaying previous historical signals from before the indicator was activated.

Unlike traditional RSI overbought and oversold interpretations, this indicator focuses on identifying bullish and bearish RSI ranges combined with trend direction to detect stronger market conditions and potential trading opportunities.

Key Features

✅ RSI
Identifies bullish and bearish market regimes by analyzing RSI behavior within configurable ranges.

✅ Trend Confirmation
Uses a moving average trend filter to determine whether market conditions support bullish or bearish setups.

✅ Signal Generation
Provides BUY and SELL signals when a new market regime is confirmed, helping traders identify potential entry opportunities.

✅ Multi-Timeframe Confirmation
Optional higher timeframe confirmation can be enabled to improve signal quality and align trades with broader market direction.

✅ Market Condition Filter
Optional ADX-based filtering helps avoid weaker market conditions with insufficient momentum.

✅ Risk Management Tools
Automatically displays:

- Entry level
- Stop Loss level
- TP1, TP2 & TP3

with configurable ATR-based risk/reward calculations.

✅ Trade Visualization
When enabled, every new signal can remain visible on the chart with complete trade structure, including risk and reward zones.

✅ Performance Dashboard
The integrated dashboard provides important market information including:

- Current market regime
- RSI value
- Trend direction
- ATR value
- Number of tracked trades
- Wins and losses
- Win rate
- How It Works

The indicator combines RSI range analysis with trend confirmation:

Bullish conditions are identified when price is in an uptrend and RSI remains within a defined bullish range.
Bearish conditions are identified when price is in a downtrend and RSI remains within a defined bearish range.
Signals are generated when a confirmed regime transition occurs.

The goal is to help traders recognize market structure changes and avoid relying solely on traditional RSI extremes.

Recommended Usage

This indicator can be used for:

- Intraday trading
- Swing trading
- Trend-following strategies
- Market regime analysis

Best results are generally achieved when combined with proper risk management and additional market analysis.

Disclaimer

This indicator is a technical analysis tool and should not be considered financial advice. Trading involves risk, and users should always perform their own analysis before making trading decisions.

© RvKortenhof

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