The Composite Predictive Index-(CPI-IGv5)***

Main Purpose: Developed by Alcides J. Davila (TradingView: Alcides0265), a Miami-based daily trader and financial consultant specializing in commodities and capital solutions. The primary reason for CPI-IG v5 is to deliver institutional-grade predictive signals for market direction, synthesizing diverse technical factors into a probabilistic "probUp" score (upward movement likelihood) to guide high-confidence trades, aiming for 68-80% predictability in identifying trends/reversals.

Key Features: Probability Engine: Weighted combination of price delta, momentum (CMMI from RSI/mom), volume pressure, volatility (ATR/BB), trend slope, sentiment/news (manual inputs), projection (MACD ratio), and POC crossover; normalized via Z-score and tanh approx, mapped to probUp using normal CDF or logistic.

Signals and Strategies: Base/strong/ultra buy/sell gates based on prob thresholds (e.g., >0.68 for medium-term buys), bullish/bearish alignments (EMA9/20/SMA9 vs. VWAP/POC proxy), Golden/Death crosses (EMA50/200), short/medium/long confirmations, and breakout/breakdown with retest detection.

Visuals and HUD: Overlay plots (EMAs, BB, VWAP, projections), dynamic tables for stats (prob/z/ATR/delta vol), oscillator (bull/neu/bear on LTF/current/HTF), indexes (S&P/DJIA/Nasdaq), ETFs (SPY/QQQ/VIX), all resizable/movable.

Trading Modes: Versatile for scalping (short projections, 0.55 buy thresh), intraday, short/medium/long-term (stricter thresh up to 0.70, adjusted lookbacks/projections up to 500 bars).

Additional Tools: Internal backtest (with TP/SL via ATR mults, slippage/fees), alerts with cooldown, multi-timeframe alignment (HTF strict option).

Design and Protocol Structure: Modular Pine Script v5 with helpers (tanh/erf approx for ASCII-only math, safe div/Z-score norms); core series compute indicators (RSI/MACD/BB/VWAP/volume delta); linear weighted sum -> standardized Z -> prob calc -> gated signals with filters; efficient resource caps (max bars/lines/labels=500).

Reliability: Multi-factor redundancy and confirmations (e.g., simultaneous POC crosses, vol/MACD filters for ultra signals) reduce noise; HTF/LTF integration ensures alignment; backtest tracks cumR/wins/maxDD for validation; robustness via clamping/approx handles extremes/div0.

Efficiency: Real-time computation with rolling sums/Z-windows (50 bars); optimized for daily/institutional use without heavy lag; cooldowns prevent alert overload.
Robustness: Edge-case handling (e.g., na checks, mintick ranges); flexible inputs (weights, mults, modes) adapt to markets; no strict cutoff, continuous updates via security requests.

Flexibility: Customizable weights/thresh/resolutions; manual sentiment/news for external integration; toggles for visuals/backtest; suits pros, institutions, scalpers, daily traders across assets/timeframes.

Market Predictability: Claims 68-80% effectiveness via sophisticated prob model, multi-indicator fusion, and strategy layers; thresholds imply edge (e.g., 70% long-term buy prob), enhanced by projections/breakouts for forward bias.

Tiny Simplified Feedback Summary
CPI-IG v5 excels as a versatile, prob-driven institutional tool for predictive trading (68-80% edge), blending TA factors with custom modes/signals/visuals; robust and efficient for all trader levels, per code analysis and TradingView desc. Cheers!!!