REMS Snap Shot Overlay

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The REMS Snap Shot 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 'look-back' feature where in it will signal an entry based on the recency of specified cross events.

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 First Strike, which uses a recency filter instead of a cool down.

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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

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Phát hành các Ghi chú

- Add Tooltips to explain some sections
- minor organization and menu changes for simplicity