Indicator Description: This script combines the EMA Envelope (50) with RSI (14) and MACD (12, 26, 9) to identify optimal buy and sell signals based on price momentum.
Features: ✅ EMA Envelope (50): Defines dynamic support/resistance levels ✅ RSI (14): Identifies overbought/oversold conditions for confirmation ✅ MACD (12, 26, 9): Detects trend momentum shifts ✅ Buy Signals: Triggered when price touches the lower EMA Envelope, RSI is oversold, and MACD shows bullish crossover ✅ Sell Signals: Triggered when price reaches the upper EMA Envelope, RSI is overbought, and MACD shows bearish crossover ✅ Custom Alerts: Get notified when buy or sell conditions are met
Best For: 📈 Intraday & Swing Trading on SPY, stocks, crypto, and forex
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