OPEN-SOURCE SCRIPT
Updated Needle XR
The Didi Index with Full Validation is a technical indicator developed for the TradingView platform, based on the concept of the Didi Index, created by Odir Aguiar (Didi). It uses the relationship between three exponential moving averages (EMAs) of different periods to identify trend reversal or continuation points, known as "needle points." To increase signal reliability, the indicator incorporates validations from four widely used technical indicators: MACD, TRIX, DMI/ADX, and Stochastic. Buy and sell signals are displayed only when all validation conditions are met, ensuring greater accuracy.
The indicator is plotted in a separate panel below the price chart, displaying the Didi Index lines (positive and negative), a central reference line, and clear buy (green triangles) and sell (red triangles) signals.
The indicator is plotted in a separate panel below the price chart, displaying the Didi Index lines (positive and negative), a central reference line, and clear buy (green triangles) and sell (red triangles) signals.
Release Notes
Needle XR - Congestion FilterA trend-following indicator that generates buy and sell signals based on moving average crossovers, previous day bias, and volatility filters.
Buy/Sell arrows appear only when the previous day supports the trend.
Congestion filter avoids signals in low-volatility or sideways markets.
Fully configurable with MA periods and ATR-based filters for precision trading.
Release Notes
Needle XR – Congestion FilterA trend-following indicator that generates buy and sell signals based on moving average crossovers, previous day bias, and volatility filters.
Buy/Sell arrows appear only when the previous day supports the trend.
Congestion filter prevents signals in sideways or low-volatility markets.
Fully configurable with MA periods and ATR-based filters for more precise entries.
Release Notes
Indicator: Needler XRDescription:
Needler XR is a compact and efficient trading indicator designed to identify high-probability entry points in the market. Using a combination of moving average crossovers and ATR-based filtering, the indicator provides clear visual signals for both buy and sell opportunities.
Release Notes
Indicator: Needler XRDescription:
Needler XR is a professional trading indicator that combines multiple timeframe analysis with precise entry signals. Using a sophisticated filtering system, it identifies high-probability trade setups by aligning intraday signals with daily trend direction.
Release Notes
Needler XR with Advanced FiltersOverview
Needler XR is a sophisticated multi-filter trading indicator that combines trend-following and momentum confirmation strategies. It uses SMA crossovers as its core signal generator, enhanced with multiple confirmation filters including ADX, TRIX, and Stochastic oscillators for higher probability trades.
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.