This versatile TradingView indicator combines two essential tools for technical analysis—Relative Strength Index (RSI) and Moving Averages (MAs)—into one comprehensive solution. It is designed for traders seeking flexibility, customization, and efficiency in their charting experience.
Features: Relative Strength Index (RSI):
Customizable RSI length. Adjustable overbought and oversold levels. Selectable source input (e.g., close, open, high, low). Visual levels for overbought and oversold zones, aiding in quick trend and momentum identification. Three Moving Averages:
Three independently customizable moving averages. Options for Simple Moving Average (SMA) or Exponential Moving Average (EMA) for each line. Adjustable lengths for short-, medium-, and long-term trend tracking. Visual Enhancements:
Clear, color-coded plots for RSI and each moving average. Overbought and oversold zones are highlighted with horizontal dotted lines. Alerts:
Get notified when RSI crosses above the overbought level or below the oversold level. Alerts help traders stay on top of potential market reversals or breakout opportunities. Use Cases: RSI Analysis: Spot overbought or oversold conditions to identify potential reversals. Trend Following: Use moving averages to confirm trends or identify crossovers for potential entry and exit points. Custom Strategies: Tailor the settings to fit specific trading styles, such as scalping, swing trading, or long-term investing. This all-in-one indicator streamlines your analysis by reducing the need for multiple overlays, making your charts cleaner and more actionable. Whether you're a novice or an experienced trader, this tool provides the flexibility and insights you need to succeed in any market condition.