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EMAA = ema(close,emaa_per)EMAB = ema(close,emab_per)EMAC = ema(hlc3,emac_per)EMAD = ema(hlc3,emad_per)upper = highest (high, doch_time)lower = lowest (low, doch_time)--CALCULOSTA = ((close > close[1]) and (close > EMAA) and (EMAA > EMAA[1]))TB = ((close < close[1]) and (close < EMAA) and (EMAA < EMAA[1]))ENC = ((EMAC[1] < EMAD[1]) and (EMAC > EMAD))ENV = ((EMAC[1] > EMAD[1]) and (EMAC < EMAD))sec = security (current_ticker_id, "1m")if sec thenlocal bar_colorif (TA == true) then bar_color = posi

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26 views

Code File

EMAA = ema(close,emaa_per)EMAB = ema(close,emab_per)EMAC = ema(hlc3,emac_per)EMAD = ema(hlc3,emad_per)upper = highest (high, doch_time)lower = lowest (low, doch_time)--CALCULOSTA = ((close > close[1]) and (close > EMAA) and (EMAA > EMAA[1]))TB = ((close < close[1]) and (close < EMAA) and (EMAA < EMAA[1]))ENC = ((EMAC[1] < EMAD[1]) and (EMAC > EMAD))ENV = ((EMAC[1] > EMAD[1]) and (EMAC < EMAD))sec = security (current_ticker_id, "1m")if sec thenlocal bar_colorif (TA == true) then bar_color = posi

Uploaded by

shehriyar2344
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as TXT, PDF, TXT or read online on Scribd
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// This source code is subject to the terms of the Mozilla Public License 2.

0 at
https://mozilla.org/MPL/2.0/
// © GNF LEARNING
//@version=4

study("RSI Signals", overlay=true, shorttitle="Advanced RSI")

//Inputs
rsiL = input(title="RSI Length", type=input.integer, defval=7)
rsiOBI = input(title="RSI Overbought", type=input.integer, defval=70)
rsiOSI = input(title="RSI Oversold", type=input.integer, defval=30)
fibLevel = input(title="Hammer Body Size", type=input.float, defval=0.333,
step=0.01)
BullBearEngulf = input(title="Bullish Bearish Engulfing", type=input.bool,
defval=true)
hammerShooting = input(title="Hammer Shooting Bar", type=input.bool, defval=false)
twoBullBearBar = input(title="Two Bull Bear Bar", type=input.bool, defval=false)

//RSI VALUE
myRsi = rsi(close , rsiL)

//RSI OVERBOUGHT / OVERSOLD


rsiOB = myRsi >= rsiOBI
rsiOS = myRsi <= rsiOSI

///////////=Hammer & Shooting star=/////////////

bullFib = (low - high) * fibLevel + high


bearFib = (high - low) * fibLevel + low

// Determine which price source closses or open highest/lowest


bearCandle = close < open ? close : open
bullCandle = close > open ? close : open

// Determine if we have a valid hammer or shooting star


hammer = (bearCandle >= bullFib) and rsiOS
shooting = (bullCandle <= bearFib) and rsiOB

twoGreenBars = (close > open and close[1] > open[1]) and rsiOS
twoRedBars = (close < open and close[1] < open[1]) and rsiOB

/////////////////////////////////////////////

// Engulfing candles
bullE = (close > open[1] and close[1] < open[1])
//or hammer or twoGreenBars

bearE = close < open[1] and close[1] > open[1]


//or shooting or twoRedBars

///////////////////////////////////////////

// ((x) y) farmula defination is: X is gona be executed before Y,


TradeSignal = ((rsiOS or rsiOS[1]) and bullE) or ((rsiOB or rsiOB[1]) and bearE)

if (TradeSignal and bearE and BullBearEngulf)


label.new(x= bar_index, y= na, text="Exit", yloc= yloc.abovebar,color=
color.maroon, textcolor= color.white, style= label.style_label_down,
size=size.normal)
plotshape(TradeSignal and bearE and BullBearEngulf, title="Overbought",
location=location.abovebar, color=color.orange, style=shape.triangleup,
size=size.auto, text="")

if (TradeSignal and bullE and BullBearEngulf)


label.new(x= bar_index, y= na, text="Buy", yloc= yloc.belowbar,color=
color.green, textcolor= color.white, style= label.style_label_up, size=size.normal)
plotshape(TradeSignal and bullE and BullBearEngulf, title="Oversold",
location=location.belowbar, color=color.lime, style=shape.triangleup,
size=size.auto, text="")

//////////////////////////////

if (shooting and hammerShooting)


label.new(x= bar_index, y= na, text="SS", yloc= yloc.abovebar,color=
color.purple, textcolor= color.white, style= label.style_label_down,
size=size.normal)
plotshape(shooting and hammerShooting, title="Overbought + hammer/shooting",
location=location.abovebar, color=color.purple, style=shape.triangledown,
size=size.auto, text="")

if (hammer and hammerShooting)


label.new(x= bar_index, y= na, text="HMR", yloc= yloc.belowbar,color=
color.blue, textcolor= color.white, style= label.style_label_up, size=size.normal)
plotshape(hammer and hammerShooting, title="Oversold + hammer/shooting",
location=location.belowbar, color=color.lime, style=shape.triangledown,
size=size.auto, text="")

///////////////////////////

if (twoGreenBars and twoBullBearBar)


label.new(x= bar_index, y= na, text="2Bull", yloc= yloc.belowbar,color=
color.olive, textcolor= color.white, style= label.style_label_up, size=size.normal)
plotshape(twoGreenBars and twoBullBearBar, title="Oversold + 2bulls",
location=location.belowbar, color=color.lime, style=shape.triangledown,
size=size.auto, text="")

if (twoRedBars and twoBullBearBar)


label.new(x= bar_index, y= na, text="2Bear", yloc= yloc.abovebar,color=
color.red, textcolor= color.white, style= label.style_label_down, size=size.normal)
plotshape(twoRedBars and twoBullBearBar, title="Overbought + 2bears",
location=location.abovebar, color=color.blue, style=shape.triangledown,
size=size.auto, text="")

// Send Alert if Candle meets our condition


alertcondition(TradeSignal, title="RSI SIGNAL", message="RSI Signal Detected fot
{{ticker}}")

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