OPEN-SOURCE SCRIPT
Simplified Trading Alpha Inspired Indicator
This Pine Script creates a visual trading indicator that uses blue and red dots to represent short-term and long-term Simple Moving Averages (SMAs) respectively, combined with RSI dots for confirmation. It signals potential buy or sell points based on SMA crossovers, RSI overbought/oversold conditions, and volume spikes.
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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Disclaimer
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