RSI with Moving Averages[UO] — Indicator by umur.ozkul

relativestrengthindex ema simplemovingaverage rsi-ema rsi_overbought rsi_oversold rsi-sma sma trend signals

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

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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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