RSI with WMA & EMA [AN] — Indicator by abhaynair

trendanalysis volumestudies movingaverage rsi-ema

Key Factors traced
- Price: EMA (Exponential Moving Average)
- Volume: WMA (Weighted Moving Avg.)
- Strength (Momentum): RSI (Relative Strength Indicator)

Default parameters
1. RSI at 9. Over brought & Under sold to 50 to be used as a median. This can be altered to the traditional 70:30 or 60:40
2. WMA at 21
3. EMA at 3, Exponential for Intraday trades

Release Notes:

Debug: SMA to WMA parameter

Release Notes:

WMA to VWMA

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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