OPEN-SOURCE SCRIPT
RSI with SMA (14) + Bullish Marks
RSI with SMA (14) + Bullish Strength Filter
This indicator combines the classic RSI (14) with its 14-period SMA to provide a clearer view of bullish momentum. Unlike a standard RSI crossover system, this indicator filters out false signals and highlights only those crossovers that show confirmed upward strength.
Key Features:
Displays RSI (14) and its SMA (14) on a separate chart.
Detects bullish crossovers only when the RSI is consistently rising over a configurable number of bars.
Optional visual background highlights zones of confirmed bullish strength.
Overbought (70) and Oversold (30) levels are plotted for reference.
Custom alert triggers when a bullish signal is confirmed, helping you act promptly.
Input Parameters:
RSI Period: Length of the RSI calculation.
SMA Period on RSI: Length of the SMA applied to RSI.
Confirmation Candles: Number of bars the RSI must rise to confirm a bullish signal.
Perfect for traders seeking a refined RSI strategy that reduces noise and emphasizes confirmed upward momentum.
This indicator combines the classic RSI (14) with its 14-period SMA to provide a clearer view of bullish momentum. Unlike a standard RSI crossover system, this indicator filters out false signals and highlights only those crossovers that show confirmed upward strength.
Key Features:
Displays RSI (14) and its SMA (14) on a separate chart.
Detects bullish crossovers only when the RSI is consistently rising over a configurable number of bars.
Optional visual background highlights zones of confirmed bullish strength.
Overbought (70) and Oversold (30) levels are plotted for reference.
Custom alert triggers when a bullish signal is confirmed, helping you act promptly.
Input Parameters:
RSI Period: Length of the RSI calculation.
SMA Period on RSI: Length of the SMA applied to RSI.
Confirmation Candles: Number of bars the RSI must rise to confirm a bullish signal.
Perfect for traders seeking a refined RSI strategy that reduces noise and emphasizes confirmed upward momentum.
开源脚本
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
免责声明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
开源脚本
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
免责声明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.