OPEN-SOURCE SCRIPT
Updated Multi Indicator Screener

# ๐ Multi-Indicator Screener | BB + KC Squeeze + RSI + MACD + ADX
### ๐น Institutional-Grade Multi-Symbol Scanner with Breakout Alerts
---
## ๐ Overview
The **Multi-Indicator Screener** is an advanced dashboard that monitors **10 symbols simultaneously** with **multi-indicator confluence**:
- ๐น **Bollinger Bands + Keltner Channel (Squeeze Logic)**
- ๐น **RSI + MACD Confirmation**
- ๐น **ADX Trend Strength**
- ๐น **ATR-based Trailing Stops**
- ๐น **Volume-Confirmed Breakouts**
Designed for **professional traders**, this screener highlights **high-probability setups** across multiple assets in real time.
---
## โจ Key Features
### ๐น Bollinger Band Suite
- โ Detects **directional bias** (Bullish / Bearish / Neutral).
- โ Marks **Breakouts (Up/Down)** with optional **volume confirmation**.
- โ LazyBear-style **Squeeze Detection**:
- ๐ Squeeze ON โ Low volatility, contraction phase.
- ๐ Squeeze OFF โ Breakout potential.
- Neutral โ No clear squeeze.
### ๐น RSI + MACD Confluence
- โ RSI confirmation above user-defined threshold (default 55).
- โ MACD crossover confirmation.
- โ RSI value color-coded in table:
- ๐ด Oversold (<30)
- ๐ข Strong bullish (>60)
- ๐ข Lime (>75 = very strong)
- ๐ Neutral zone
### ๐น ADX Trend Strength
- โ Displays **ADX value**, plus **+DI / -DI**.
- โ ADX > 25 โ Highlighted as strong trend.
### ๐น ATR Trailing Stop Loss
- โ Auto-calculated **buy-side trailing stop** & **sell-side trailing stop**.
- โ Adjustable via multiplier input.
### ๐น Multi-Symbol Screener Table
- โ Preloaded with **Top 10 Nifty 50 symbols** (customizable).
- โ Dashboard columns include:
- Symbol
- BB Direction
- Breakout
- Squeeze Status
- Higher-TF BB Confirmation
- RSI + MACD Signals
- RSI Value
- ADX, +DI, -DI
- Trailing SL (Buy/Sell)
- Volume Confirmation
---
## ๐ Alerts
Each symbol has **independent breakout alerts**:
- ๐ข `Volume-Confirmed BB Breakout Detected`
Alerts fire when a **breakout above/below Bollinger Bands** is confirmed with **above-average volume**.
---
## ๐ How to Use
1. **Select Symbols**
- By default, loads top Nifty 50 stocks.
- Replace with your preferred tickers (`NSE:RELIANCE`, `NASDAQ:AAPL`, `BINANCE:BTCUSDT`, etc.).
2. **Enable Presets**
- **Scalping Mode** โ BB Length = 10, Multiplier = 1.5 (more sensitive).
- **Swing Mode** โ BB Length = 30, Multiplier = 2.5 (smoother).
3. **Monitor Table**
- Look for **โ๏ธ confirmations** across BB, RSI, MACD, ADX, and Volume.
- Strong setups = multiple confirmations aligning.
4. **Set Alerts**
- Add alerts for your desired symbols to never miss a breakout.
---
## ๐ฏ Best For
- โ Scalpers & Swing Traders
- โ Multi-asset monitoring (stocks, forex, crypto)
- โ Traders using **volatility breakout + momentum confirmation**
- โ Institutional-style dashboard users
---
## โ ๏ธ Disclaimer
This script is for **educational purposes only**.
It is **not financial advice**. Please backtest before trading.
---
### ๐น Institutional-Grade Multi-Symbol Scanner with Breakout Alerts
---
## ๐ Overview
The **Multi-Indicator Screener** is an advanced dashboard that monitors **10 symbols simultaneously** with **multi-indicator confluence**:
- ๐น **Bollinger Bands + Keltner Channel (Squeeze Logic)**
- ๐น **RSI + MACD Confirmation**
- ๐น **ADX Trend Strength**
- ๐น **ATR-based Trailing Stops**
- ๐น **Volume-Confirmed Breakouts**
Designed for **professional traders**, this screener highlights **high-probability setups** across multiple assets in real time.
---
## โจ Key Features
### ๐น Bollinger Band Suite
- โ Detects **directional bias** (Bullish / Bearish / Neutral).
- โ Marks **Breakouts (Up/Down)** with optional **volume confirmation**.
- โ LazyBear-style **Squeeze Detection**:
- ๐ Squeeze ON โ Low volatility, contraction phase.
- ๐ Squeeze OFF โ Breakout potential.
- Neutral โ No clear squeeze.
### ๐น RSI + MACD Confluence
- โ RSI confirmation above user-defined threshold (default 55).
- โ MACD crossover confirmation.
- โ RSI value color-coded in table:
- ๐ด Oversold (<30)
- ๐ข Strong bullish (>60)
- ๐ข Lime (>75 = very strong)
- ๐ Neutral zone
### ๐น ADX Trend Strength
- โ Displays **ADX value**, plus **+DI / -DI**.
- โ ADX > 25 โ Highlighted as strong trend.
### ๐น ATR Trailing Stop Loss
- โ Auto-calculated **buy-side trailing stop** & **sell-side trailing stop**.
- โ Adjustable via multiplier input.
### ๐น Multi-Symbol Screener Table
- โ Preloaded with **Top 10 Nifty 50 symbols** (customizable).
- โ Dashboard columns include:
- Symbol
- BB Direction
- Breakout
- Squeeze Status
- Higher-TF BB Confirmation
- RSI + MACD Signals
- RSI Value
- ADX, +DI, -DI
- Trailing SL (Buy/Sell)
- Volume Confirmation
---
## ๐ Alerts
Each symbol has **independent breakout alerts**:
- ๐ข `Volume-Confirmed BB Breakout Detected`
Alerts fire when a **breakout above/below Bollinger Bands** is confirmed with **above-average volume**.
---
## ๐ How to Use
1. **Select Symbols**
- By default, loads top Nifty 50 stocks.
- Replace with your preferred tickers (`NSE:RELIANCE`, `NASDAQ:AAPL`, `BINANCE:BTCUSDT`, etc.).
2. **Enable Presets**
- **Scalping Mode** โ BB Length = 10, Multiplier = 1.5 (more sensitive).
- **Swing Mode** โ BB Length = 30, Multiplier = 2.5 (smoother).
3. **Monitor Table**
- Look for **โ๏ธ confirmations** across BB, RSI, MACD, ADX, and Volume.
- Strong setups = multiple confirmations aligning.
4. **Set Alerts**
- Add alerts for your desired symbols to never miss a breakout.
---
## ๐ฏ Best For
- โ Scalpers & Swing Traders
- โ Multi-asset monitoring (stocks, forex, crypto)
- โ Traders using **volatility breakout + momentum confirmation**
- โ Institutional-style dashboard users
---
## โ ๏ธ Disclaimer
This script is for **educational purposes only**.
It is **not financial advice**. Please backtest before trading.
---
Release Notes
Key highlights:- Multi-symbol table with preloaded Nifty 50 stocks (customizable)
- Bollinger Bands & Keltner Channel squeeze detection
- Volume-confirmed breakouts
- RSI, MACD, ADX, DI values with color-coded visual signals
- Multi-Timeframe confirmation for Bollinger Bands
- Trailing Stop Loss (ATR-based)
- Priority ranking for earliest and strongest signals
- Alerts for volume-confirmed breakout opportunities
---
## Features
- โ Multi-symbol analysis with priority-ranked signals
- ๐ Bollinger Band & Keltner Channel squeeze detection
- ๐ Breakout alerts (volume-confirmed)
- ๐ Color-coded table for quick visual reference
- โฐ Multi-Timeframe Bollinger Band confirmation
- ๐น ATR-based trailing stop levels
- ๐ Configurable alerts for automated notifications
- ๐ฏ Supports Scalping and Swing presets
---
What Changed in Your Script
New function f_getEarliestSignal()
Ranks signals in this order:
๐ Squeeze Off โ First Alert (setup stage)
๐ฏ Breakout with Volume โ Execution
โโ Breakout without Volume
๐ BB Trend with Volume
๐ BB Trend without Volume
๐ Squeeze On (preparation phase)
โธ๏ธ Waiting
New โEarliest Signalโ Column in Table
Shows priority-ranked signal text with emojis + colors.
Row background is also shaded to reflect strong signals.
Cleaner UI
Immediate glance โ see which symbol is in setup, execution, or just waiting.
๐ Example Table Row (Visualization)
Symbol ๐ฏ Earliest Signal BB Dir Breakout Squeeze RSI ADX
RELIANCE ๐ First Alert Bullish โ๏ธ Squeeze Off ๐ โ๏ธ 28
HDFCBANK ๐ฏ Breakout Confirmed Bullishโ๏ธ Breakoutโโ๏ธ No Squeeze โ๏ธ 34
ICICIBANK โธ๏ธ Waiting Neutral No Squeeze โ 15
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.