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OPEN-SOURCE SCRIPT

RSI with Moving Averages[UO]

By umur.ozkul
Updated
This RSI indicator is one of my favorite indicators. This powerful indicator is implemented by Phi-Deltalytics. I modified the drawing so that it is easier (at least for me) to see the signals and trends (it would not matter if you're doing algorithmic trading).

Trends and signals. For detailed instructions and tutorial see Phi-Deltalytics page
Release Notes
The corrected fill color: Red for down trend, green for up trend
Exponential Moving Average (EMA)Relative Strength Index (RSI)rsi-emarsi_overboughtrsi_oversoldRSI-SMAsignalsSimple Moving Average (SMA)smatrend

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

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umur.ozkul
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