OPEN-SOURCE SCRIPT
RSI Cross with Entry Signals
RSI Cross with Entry Signals
This indicator uses the Relative Strength Index (RSI) and its moving average (SMA) to identify momentum shifts and potential trading opportunities.
BUY Signal
* Generated when the RSI crosses above its moving average.
* Indicates strengthening bullish momentum.
SELL Signal
* Generated when the RSI crosses below its moving average.
* Indicates strengthening bearish momentum.
Features
* RSI and RSI Moving Average visualization
* Automatic BUY and SELL signals
* Dynamic color changes based on momentum direction
* Key RSI levels at 70, 50, and 30
* Alert support for crossover events
This indicator helps traders identify trend changes, momentum shifts, and potential entry opportunities in a simple and visual way.
This indicator uses the Relative Strength Index (RSI) and its moving average (SMA) to identify momentum shifts and potential trading opportunities.
BUY Signal
* Generated when the RSI crosses above its moving average.
* Indicates strengthening bullish momentum.
SELL Signal
* Generated when the RSI crosses below its moving average.
* Indicates strengthening bearish momentum.
Features
* RSI and RSI Moving Average visualization
* Automatic BUY and SELL signals
* Dynamic color changes based on momentum direction
* Key RSI levels at 70, 50, and 30
* Alert support for crossover events
This indicator helps traders identify trend changes, momentum shifts, and potential entry opportunities in a simple and visual way.
Open-source script
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.
Disclaimer
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.
Open-source script
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.
Disclaimer
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.