OPEN-SOURCE SCRIPT

KP - RSI >= 70 & EMA Trend Filter (Daily trend - buy mode)

Explanation of the Code:
Inputs:

You can adjust the RSI length and EMA lengths using the input parameters.

Conditions:

rsiCondition: Checks if RSI is >= 70.

emaCondition: Checks if 9 EMA > 20 EMA > 50 EMA.

trendCondition: Checks if the price is above all three EMAs (confirming a positive trend).

Plotting:

The EMAs and RSI are plotted on the chart for visual confirmation.

Buy Signal:

When all conditions are met, the background is highlighted in green, and a "BUY" label is displayed.

Alerts:

You can set up alerts to notify you when the buy signal is triggered

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