OPEN-SOURCE SCRIPT
RSI + Bollinger Bands + MA200
This indicator incorporates momentum indicators of the RSI and Bollinger Bands and shows overbought and oversold areas when both indicators conditions have been met and lastly the 200ma gives the long term direction of the instrument.
Open-source script
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. You can favorite it to use it on a chart.
Want to use this script on a chart?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.