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RSI+EMA+MZONES with Divergences

1088
Features:
1. RSI Calculation:
  • Uses user-defined periods to calculate the RSI and visualize momentum shifts.
  • Plots key RSI zones, including upper (overbought), lower (oversold), and middle levels.

2. EMA of RSI:
  • Includes an Exponential Moving Average (EMA) of the RSI for trend smoothing and confirmation.

3. Bullish and Bearish Divergences:
  • Detects Regular divergences (labeled as “Bull” and “Bear”) for classic signals.
  • Identifies Hidden divergences (labeled as “H Bull” and “H Bear”) for potential trend continuation opportunities.

4. Customizable Labels:
  • Displays divergence labels directly on the chart.
  • Labels can be toggled on or off for better chart visibility.

5. Alerts:
  • Predefined alerts for both regular and hidden divergences to notify users in real time.

6. Fully Customizable:
  • Adjust RSI period, lookback settings, divergence ranges, and visibility preferences.
  • Colors and styles are easily configurable to match your trading style.

How to Use:
  • RSI Zones: Use RSI and its zones to identify overbought/oversold conditions.
  • EMA: Look for crossovers or confluence with divergences for confirmation.
  • Divergences: Monitor for “Bull,” “Bear,” “H Bull,” or “H Bear” labels to spot key reversal or continuation signals.
  • Alerts: Set alerts to be notified of divergence opportunities without constant chart monitoring.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.