ATLAS RSI

Overview:
The Atlas RSI indicator is a custom Relative Strength Index tool created with Pine Script v5 for TradingView. It computes the RSI using a smoothed gain/loss method and enhances its utility with several advanced visual features, including optional moving averages, horizontal reference lines, gradient fills, and dynamic sentiment tables.

Key Features:

RSI Computation:
The indicator calculates the RSI by smoothing both the positive and negative price changes, providing a more responsive RSI value.

Moving Average Overlay:
Optionally, a moving average of the RSI can be displayed. You can select from multiple MA types (SMA, EMA, RMA, WMA, VWMA) to suit your analysis style.
Horizontal Reference Lines & Gradient Fills:

Reference Lines:
Several horizontal lines mark key levels on the RSI scale:
Upper Band (60): A reference for when the RSI moves toward overbought territory.
Lower Band (40): Indicates proximity to oversold conditions.
Additional mid-levels (50, 55, 45, etc.) provide more granular insight into RSI fluctuations.

Gradient Fills:
Visual gradient fills are applied between these levels:
A green gradient between 90 and 60 highlights overbought regions.
A red gradient between 40 and 10 emphasizes oversold areas.
A neutral gray fill between 40 and 60 outlines the mid-range zone.
Sentiment Tables:

Bottom Right Table:
Displays the current Atlas RSI value, offering an at-a-glance view of the indicator’s level.
Top Right Table (Sentiment Indicator):
A dynamic table shows market sentiment:
A Bull Symbol (🐂) appears when the RSI is falling from high levels (indicating potential long exit signals).
A Bear Symbol (🐻) is shown when the RSI is rising from low levels (indicating potential short exit signals).
A Scale Symbol (⚖️) is displayed if neither condition is met, signifying a balanced market.

Alerts:
The script includes built-in alert conditions to notify you when RSI behavior suggests potential long or short trade exits.

Usage & Disclaimer:
This indicator is provided for educational and analytical purposes only and does not constitute financial advice. Trading involves risks; always combine this tool with your own analysis and proper risk management practices.