OPEN-SOURCE SCRIPT

RSI, EMA, and Volume Highlight

RSI, EMA, and Volume Highlight

This TradingView indicator combines RSI (Relative Strength Index), EMA (Exponential Moving Averages), and volume analysis to highlight significant trading signals. It sets an overbought level at 75 and an oversold level at 25, drawing horizontal lines for 400 bars when these conditions are met. Lines are solid at candle highs and dashed at the highest point between open and close prices for overbought, and the opposite for oversold conditions. Additionally, it features a volume highlight where the background of a candle turns yellow if its volume is more than triple that of the previous candle. EMAs are plotted for 200 days at both high (purple line) and low (orange line) price levels, assisting traders in identifying trend directions and potential reversal points. This tool is designed to help traders make informed decisions by visually representing critical technical levels and volume surges on their charts.
Candlestick analysisChart patternsCycles

Script de código abierto

Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.

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