TAEquint

WMA HM RSI [TAE]

//@version=3
study(title="WMA RSI ", shorttitle="WMA RSI", overlay=false)
src = input(close, type=source, title="Source")

rsi1_lenth = input(55, title="RSI")
rsi_length = input(23, title="RSI")
ema_length = input(55, title="EMA")
wma_length = input(45, title="WMA")
rsi1 = rsi ( src ,rsi1_lenth)
rsi=rsi( src , rsi_length)
ema = wma ( rsi , ema_length)
wma = wma ( rsi , wma_length)

up = input(50, title="Upper")
dn = input(50, title="Lower")
u=hline(up)
d=hline( dn )
fill(u,d, color=purple, transp=95)
plot( rsi , color=lime, linewidth=2, title="RSI", transp=0)
plot(rsi1, color=white, linewidth=2, title="RSI", transp=0)
plot( ema , color=red, linewidth=2, title="EMA")
plot( wma , color=lime, linewidth=2, title="WMA", transp=0)

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

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Comments

A pretty good indicator 👍🏻
+1 Reply
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