OPEN-SOURCE SCRIPT
RSI + MACD + EMA Alignment Trend Signals [eunchoding]
Trend-following signal indicator combining RSI regime filter, MACD confirmation, and EMA 7/25/99 alignment.
This indicator uses RSI relative to the 50 midline, MACD/signal positioning around the zero line, and EMA 7/25/99 alignment to identify directional long and short signals. It also visualizes RSI and normalized MACD in a separate panel while plotting EMA lines and entry/exit markers on the price chart.
This indicator uses RSI relative to the 50 midline, MACD/signal positioning around the zero line, and EMA 7/25/99 alignment to identify directional long and short signals. It also visualizes RSI and normalized MACD in a separate panel while plotting EMA lines and entry/exit markers on the price chart.
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.