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OPEN-SOURCE SCRIPT

{INDYAN} RSI + MACD

By Indyan
Updated
Modded RSI and MACD for intraday use. If rsi above 60 and macd is above zero line then go for buy and if rsi is below 40 and macd below zero line then go for sell side. use it in small timeframe i.e. 3 minute or less.
better for scalp trading

Happy Trading
Love INDYAN

#It can be used best with INDYAN Go With Trend
Release Notes
MInor Color Code Changed
Release Notes
Minor color code changed and explained few more things on chart...
Release Notes
Included Divergence for better learning...
Release Notes
Minor Change
DivergenceindyanintradayMoving Average Convergence / Divergence (MACD)moddedRelative Strength Index (RSI)rsi_divergencescalping

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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