OPEN-SOURCE SCRIPT
Minho Index | SETUP (Safe Filter 90%)

//version=5
indicator("Minho Index | SETUP (Safe Filter 90%)", shorttitle="Minho Index | SETUP+", overlay=false)
//--------------------------------------------------------
// ⚙️ INPUTS
//--------------------------------------------------------
bullColor = input.color(color.new(color.lime, 0), "Bull Color (Minho Green)")
bearColor = input.color(color.new(color.red, 0), "Bear Color (Red)")
neutralColor = input.color(color.new(color.white, 0), "Neutral Color (White)")
lineWidth = input.int(2, "Line Width")
period = input.int(14, "RSI Period")
centerLine = input.float(50.0, "Central Line (Fixed at 50)")
//--------------------------------------------------------
// 🧠 BASE RSI + INTERNAL SMOOTHING
//--------------------------------------------------------
rsiBase = ta.rsi(close, period)
rsiSmooth = ta.sma(rsiBase, 3) // light smoothing
//--------------------------------------------------------
// 🔍 TREND DETECTION AND NEUTRAL ZONE
//--------------------------------------------------------
trendUp = (rsiSmooth > rsiSmooth[1]) and (rsiSmooth[1] > rsiSmooth[2])
trendDown = (rsiSmooth < rsiSmooth[1]) and (rsiSmooth[1] < rsiSmooth[2])
slopeUp = (rsiSmooth > rsiSmooth[1])
slopeDown = (rsiSmooth < rsiSmooth[1])
lineColor = neutralColor
if trendUp
lineColor := bullColor
else if trendDown
lineColor := bearColor
else if slopeUp or slopeDown
lineColor := neutralColor
//--------------------------------------------------------
// 📈 MAIN INDEX LINE
//--------------------------------------------------------
plot(rsiSmooth, title="Dynamic RSI Line (Safe Filter)", color=lineColor, linewidth=lineWidth)
//--------------------------------------------------------
// ⚪ FIXED CENTRAL LINE
//--------------------------------------------------------
plot(centerLine, title="Central Line (Highlight)", color=neutralColor, linewidth=1)
//--------------------------------------------------------
// 📊 NORMALIZED MOVING AVERAGES (SMA20 and EMA20)
//--------------------------------------------------------
SMA20 = ta.sma(close, 20)
EMA20 = ta.ema(close, 20)
// Normalization 0–100
minPrice = ta.lowest(low, 100)
maxPrice = ta.highest(high, 100)
rangeCalc = maxPrice - minPrice
rangeCalc := rangeCalc == 0 ? 1 : rangeCalc
normSMA = ((SMA20 - minPrice) / rangeCalc) * 100
normEMA = ((EMA20 - minPrice) / rangeCalc) * 100
//--------------------------------------------------------
// 🩶 MOVING AVERAGES PLOTS (GHOST-GREY STYLE)
//--------------------------------------------------------
ghostColor = color.new(color.rgb(200,200,200), 65)
plot(normSMA, title="SMA 20 (Ghost Grey)", color=ghostColor, linewidth=2)
plot(normEMA, title="EMA 20 (Ghost Grey)", color=ghostColor, linewidth=2)
//--------------------------------------------------------
// 🌈 FILL BETWEEN MOVING AVERAGES
//--------------------------------------------------------
bullCond = normSMA < normEMA
bearCond = normSMA > normEMA
fill(
plot(normSMA, display=display.none),
plot(normEMA, display=display.none),
color = bearCond ? color.new(color.red, 55) :
bullCond ? color.new(color.lime, 55) : na
)
//--------------------------------------------------------
// ✅ END OF INDICATOR
//--------------------------------------------------------
indicator("Minho Index | SETUP (Safe Filter 90%)", shorttitle="Minho Index | SETUP+", overlay=false)
//--------------------------------------------------------
// ⚙️ INPUTS
//--------------------------------------------------------
bullColor = input.color(color.new(color.lime, 0), "Bull Color (Minho Green)")
bearColor = input.color(color.new(color.red, 0), "Bear Color (Red)")
neutralColor = input.color(color.new(color.white, 0), "Neutral Color (White)")
lineWidth = input.int(2, "Line Width")
period = input.int(14, "RSI Period")
centerLine = input.float(50.0, "Central Line (Fixed at 50)")
//--------------------------------------------------------
// 🧠 BASE RSI + INTERNAL SMOOTHING
//--------------------------------------------------------
rsiBase = ta.rsi(close, period)
rsiSmooth = ta.sma(rsiBase, 3) // light smoothing
//--------------------------------------------------------
// 🔍 TREND DETECTION AND NEUTRAL ZONE
//--------------------------------------------------------
trendUp = (rsiSmooth > rsiSmooth[1]) and (rsiSmooth[1] > rsiSmooth[2])
trendDown = (rsiSmooth < rsiSmooth[1]) and (rsiSmooth[1] < rsiSmooth[2])
slopeUp = (rsiSmooth > rsiSmooth[1])
slopeDown = (rsiSmooth < rsiSmooth[1])
lineColor = neutralColor
if trendUp
lineColor := bullColor
else if trendDown
lineColor := bearColor
else if slopeUp or slopeDown
lineColor := neutralColor
//--------------------------------------------------------
// 📈 MAIN INDEX LINE
//--------------------------------------------------------
plot(rsiSmooth, title="Dynamic RSI Line (Safe Filter)", color=lineColor, linewidth=lineWidth)
//--------------------------------------------------------
// ⚪ FIXED CENTRAL LINE
//--------------------------------------------------------
plot(centerLine, title="Central Line (Highlight)", color=neutralColor, linewidth=1)
//--------------------------------------------------------
// 📊 NORMALIZED MOVING AVERAGES (SMA20 and EMA20)
//--------------------------------------------------------
SMA20 = ta.sma(close, 20)
EMA20 = ta.ema(close, 20)
// Normalization 0–100
minPrice = ta.lowest(low, 100)
maxPrice = ta.highest(high, 100)
rangeCalc = maxPrice - minPrice
rangeCalc := rangeCalc == 0 ? 1 : rangeCalc
normSMA = ((SMA20 - minPrice) / rangeCalc) * 100
normEMA = ((EMA20 - minPrice) / rangeCalc) * 100
//--------------------------------------------------------
// 🩶 MOVING AVERAGES PLOTS (GHOST-GREY STYLE)
//--------------------------------------------------------
ghostColor = color.new(color.rgb(200,200,200), 65)
plot(normSMA, title="SMA 20 (Ghost Grey)", color=ghostColor, linewidth=2)
plot(normEMA, title="EMA 20 (Ghost Grey)", color=ghostColor, linewidth=2)
//--------------------------------------------------------
// 🌈 FILL BETWEEN MOVING AVERAGES
//--------------------------------------------------------
bullCond = normSMA < normEMA
bearCond = normSMA > normEMA
fill(
plot(normSMA, display=display.none),
plot(normEMA, display=display.none),
color = bearCond ? color.new(color.red, 55) :
bullCond ? color.new(color.lime, 55) : na
)
//--------------------------------------------------------
// ✅ END OF INDICATOR
//--------------------------------------------------------
Script de código abierto
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La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.