Phi-Deltalytics

RSI with Moving Averages

Since We've been asked several times, here's the RSI with MA indicator that we commonly use in our analysis. It uses a common 14 period RSI with a 13 period SMA and a 33 period EMA . This setting was made known by Constance Brown in the classic Technical Analysis for the Trading Professional.

As described in the chart above, RSI successfully holding above its SMA and EMA indicates a bullish trend , while RSI failing its SMA and EMA indicates a bearish trend .

Another way of using RSI is by using RSI bull/bear ranges. RSI generally travels within 10 - 60 in a bear trend, and within 40 - 90 in a bull trend. You can change the bear trend resistance (around 60 depending on the asset and time frame) and bull trend support (around 40 depending on the asset and time frame) in settings. Below is an example


These confirmations are also utilized in our automated scripts. For more information, go to https://www.phi-deltalytics.com/.

Let us know if you have any questions. We are here for your success!
Remove from Favorite Scripts Add to Favorite Scripts
Your simples script is better tham the famous RSIOMA...

Thanks for sharing...
Reply
monguilhot monguilhot
@monguilhot, Maybe we can refine the LONG and SHORT signals? If you can discuss some ideas will be awesome
Reply
@monguilhot, you can check out these two scripts.


They are more alined with the following idea.
Reply
monguilhot Phi-Deltalytics
@Phi-Deltalytics, really nice... MA and RSI is my first confirmation... Maybe we can add in your script an sophisticated version of MA, like a third EMA, or EMA envelope... Its just ideas to spread a great script!
Reply
@monguilhot, will play around with that! Thanks.
Reply
If you want to use the script, click "Add to Favorite Scripts". Then go to any chart, and find the indicator by clicking indicators, then Favorite.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out