MACD + RSI Strategy Manish

//version=5
indicator("MACD + RSI Strategy", overlay=true)

// Input parameters
rsiLength = input.int(14, title="RSI Length")
rsiOverbought = input.int(70, title="RSI Overbought Level")
rsiOversold = input.int(30, title="RSI Oversold Level")
macdFastLength = input.int(12, title="MACD Fast Length")
macdSlowLength = input.int(26, title="MACD Slow Length")
macdSignalSmoothing = input.int(9, title="MACD Signal Smoothing")

// RSI Calculation
rsi = ta.rsi(close, rsiLength)

// MACD Calculation
[macdLine, signalLine, _] = ta.macd(close, macdFastLength, macdSlowLength, macdSignalSmoothing)

// Buy Condition: RSI is oversold and MACD line crosses above Signal line
buyCondition = (rsi < rsiOversold) and (ta.crossover(macdLine, signalLine))

// Sell Condition: RSI is overbought and MACD line crosses below Signal line
sellCondition = (rsi > rsiOverbought) and (ta.crossunder(macdLine, signalLine))

// Plotting Buy and Sell signals on the chart
plotshape(series=buyCondition, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.labelup, text="BUY", size=size.small)
plotshape(series=sellCondition, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL", size=size.small)

// Plot MACD and Signal Line (optional, for visualization)
hline(0, "Zero Line", color=color.gray)
plot(macdLine, color=color.blue, title="MACD Line")
plot(signalLine, color=color.orange, title="Signal Line")

// Alerts for Buy and Sell signals
alertcondition(buyCondition, title="Buy Alert", message="BUY signal generated")
alertcondition(sellCondition, title="Sell Alert", message="SELL signal generated")