abhaynair

RSI with WMA & EMA [AN]

abhaynair Updated   
Key Factors traced
- Price: EMA ( Exponential Moving Average )
- Volume: WMA (Weighted Moving Avg .)
- Strength (Momentum): RSI ( Relative Strength Indicator)

Default parameters
1. RSI at 9. Over brought & Under sold to 50 to be used as a median. This can be altered to the traditional 70:30 or 60:40
2. WMA at 21
3. EMA at 3, Exponential for Intraday trades
Release Notes: Debug: SMA to WMA parameter
Release Notes: WMA to VWMA
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

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