MA EMA RSI — Indicator by coinables

trendanalysis movingaverage overbought oversold

Combining EMA and MA over-extension with RSI to help narrow down overbought and oversold opportunities.

Release Notes:

This is a MA EMA RSI combo indicator to help narrow down when markets are really overbought or oversold. The SMA must deviate from the EMA by a certain percentage and the RSI must be greater than or less than a desired level before a candle is colored to indicate a buy(blue) or a sell(pink).

Release Notes:

Added to allow custom parameter inputs from the user

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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