Multi-Tool Indicator v6

This is a versatile technical analysis tool designed to help traders quickly assess market trends and momentum. It combines a customizable Moving Average (MA) with Relative Strength Index (RSI) signals to highlight key market conditions directly on the chart.

🔧 Key Features:
Configurable Moving Average (MA):

Supports SMA (Simple Moving Average) and EMA (Exponential Moving Average).

User-defined length to match your strategy.

Plotted directly on the price chart for trend tracking.

RSI-Based Signal Detection:

Uses RSI to detect overbought (above 70) and oversold (below 30) conditions.

Plots red/green triangle shapes above/below bars when these conditions occur.

Background Highlighting:

Changes chart background to red when overbought and green when oversold to improve visual clarity.

Alerts for Key RSI Events:

Alerts can be triggered when RSI enters overbought or oversold zones.

Useful for automated strategy notifications.

MA Value Labels:

A label shows the current value of the MA near the most recent bar.