MACD SMI PNR Pro Ver.2 [dDy879]

1. Core Oscillators

MACD: Serves as the primary trend bias and momentum indicator. A crossover signifies the potential start of a new price cycle.

SMI (Stochastic Momentum Index): This is more stable than a standard Stochastic. It helps identify "optimal" entry points (buying dips in an uptrend / selling rallies in a downtrend) using double smoothing to eliminate market noise.

2. Precision Filters

PNR (Percentile Near Range): A statistical tool that calculates the median price range over the last 21 bars. If the price is above the PNR line, the system focuses exclusively on BUY setups.

DMI (DI+ / DI-): Used to verify whether "Buyers" or "Sellers" are truly in control. The signal arrow only appears if the dominant force's strength is above 20 (DMI/ADX threshold).

3. Visuals & Signals

Dots: Represent a "Warning" signal when a basic MACD crossover occurs.

Triangles (Filtered Arrows): These are "Confirmation" signals. They only appear when MACD, SMI, PNR, and DMI conditions are all aligned simultaneously.

Dashboard: Provides a Multi-Timeframe (MTF) summary, ensuring that the current trade direction is supported by the trend in higher timeframes.

Summary: This code doesn't just look at price crossovers; it ensures that Trend, Momentum, Statistical Value, and Volume Strength are all pointing in the same direction before suggesting a trade.