OPEN-SOURCE SCRIPT

G-RSI&EMA channel v.1

This my 2nd indicator : It's just a Strenghtening of trend channal

If price can come up on the green line it's mean price is side way or maybe bullish

and if price can come up on RSI (14)50 and EMA50 it have problaby to bullish trend

If the price have blue ball it's mean crazy strong bullish trend
If the price have red ball it's mean crazy strong bearish trend

you can use my 1st script together : 1st is " G-Bollingerbands Volatility breakout "

My 1st script detect the price begin to have volatility
My 2nd scrit detect the trend

Goodluck :D

PS: My 2nd script develop from someone in tradingview RSI script i'm sorry I can't remember but thank you very much.
Exponential Moving Average (EMA)Moving AveragesoverboughtoversoldRelative Strength Index (RSI)

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 publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer