This Indicator Name is Hilega Milega, and the original Idea given by Nitish Kumar, I just coded it and add some signals for backtesting.
it works on RSI + WMA and EMA plotted. Default Values Used : RSI = 9 WMA = 21 EMA = 3
But i added some extra, now everyone can change the Type of WMA and EMA, also SMA for trend confirmation,
How it works ?? Buy : When RSI crossover WMA or any Type of Moving Average you choose, Sell : When RSI crossunder WMA or any Type of Moving Average you choose,
also:
Buy : When EMA crossover WMA or any Type of Moving Average you choose, Sell : When EMA crossunder WMA or any Type of Moving Average you choose,
also:
Buy : When RSI + EMA crossover WMA or any Type of Moving Average you choose at the Same time, Sell : When RSI + EMA crossunder WMA or any Type of Moving Average you choose at the Same time,
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. คุณสามารถตั้งเป็นรายการโปรดเพื่อใช้บนชาร์ตได้