anuragmundra

Hilega Milega(by NK sir) - @AM

Price Volume Strength(PVS) Indicator script has been developed based on Nitish Kumar Sir's concepts. This script uses RSI (9) along with 3 EMA and 21 WMA . 3 EMA and 21 WMA graphs have been plotted on RSI (9). RSI value above 50 will be considered as 'BUY' zone and RSI value below 50 will be considered as 'SELL' zone.

When 21 WMA ( Volume Strength) and 3 EMA (Price Strength) crosses RSI from above (that means both of these will go below RSI ), it is a Buy signal.
When 21 WMA ( Volume Strength) and 3 EMA (Price Strength) crosses RSI from below (that means both of these will go above RSI ), it is a Sell signal.
Release Notes: Updated overlay
Release Notes: Updated script name.

If script is getting added to main chart panel, right click on the screen->choose option 'Move To'->choose option 'New Panel Below'
Release Notes: Updated Overlay
Release Notes: Update
Release Notes: Removed RSI overbought and oversold levels value inputs.
Protected script
This script is published closed-source and you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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Comments

Hii
I am follower of NK sir and i need to merge HM with another indicator so if u can provide me thid code it will be beneficial please DM

Thank you
+10 Reply
GR 8, CAN U PLOT UP ARROW WHEN RSI LINE CROSS WMA LINE & VICE VERSA, IT WILL BE VERY HELPFUL
Reply
@CHDVIKAS, Thanks a lot for the suggestion. I am actually new to the Pine script of TradingView. I need to do some more research on additional plot areas.

Thanks a lot for the suggestion :)
Reply
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