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REMS First Strike Overlay

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The REMS First Strike indicator is a multi-factor, confluence-based system that combines momentum (RSI, Stochastic RSI), trend (EMA, MACD), and optional filters (volume, MACD histogram, session time) to identify high-probability trade setups. Signals are only triggered when all enabled conditions align, giving the trader a filtered, visually clear entry signal.

This indicator uses an optional 'cool down' feature where in it will signal an entry only after any of the specified cross events occur.

To use the indicator, select which technical indicators you wish to filter, the session you wish to apply (default is 9:30am - 4pm EST, based on your chart time settings), and if which cross events you wish to trigger a reset on the cooldown.

The default settings filter the 4 major technical indicators (RSI, EMAs, MACD, Stochastic RSI) but optional filters exist to further fine tune Stochastic Range, MACD momentum and strength, and volume, with optional visual cues for MACD position, Stochastic RSI position, and volume.

EMAs can be drawn on the chart from this indicator with optional shaded background.

This indicator is an alternative to REMS Snap Shot, which uses a recency filter instead of a cool down.
Phát hành các Ghi chú
Added support for Session VWAP as both a filter and visual

Added Enhanced Candles - colour shading based on user-defined criteria (off by default) for better visual acuity. Can isolate bullish or bearish behaviour (disabled by default)
Enhanced Candles can colour candles based on:
- EMA Cross
- Filter Conditions
- EMA Alpha
- EMA Beta
- VWAP
- MACD
Phát hành các Ghi chú
- Added Tooltips to sections explaining logic.
- minor organization and menu updates
- fixed Enhanced Candle dropdown to reflect all options

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