PROTECTED SOURCE SCRIPT

RSI MACD+

Updated
RSI MACD is a typical MACD indicator with RSI as its source, instead of price close.

Enhanced with signals whenever crossings occur.
Release Notes
Rectified name and main MACD line thickness.
Release Notes
Changed Histogram to Columns instead of Area.
Release Notes
Changed default Signal length setting from 5 to 8. (I strive to keep Fibonacci ratios)
Default lenghts:
RSI = 13
Fast MA = 5
Slow MA = 34 (This setting can adapted to 21, 34 or 55 for example)
Signal = 8


Changed default RSI MACD crossing Signal to false. It can be activated optionally. This is same as Histogram getting above or under the baseline. For people who just like to have the histogram visible and hide the main lines this is setup is ideal.


Release Notes
Introduced Colored Histogram, changed default settings to RSI 14, Base MA 14, Fast MA 7, Signal 3.
Alerts can now be configured by looking into the L RSIMACD Bull Flag and S: RSIMACD Bear Flag
Release Notes
Default settings changed to 14,14,60,5
Release Notes
Added ability to choose MA type (EMA/SMA)
Moving Average Convergence / Divergence (MACD)OscillatorsRelative Strength Index (RSI)rsi-macd

Protected script

This script is published closed-source and you may privately use it freely.

Want to use this script on a chart?


D7R

Disclaimer