OPEN-SOURCE SCRIPT
RSI + MACD Combined with Volume Alert (Compact)
"All-in-one momentum, timing, and conviction — built for serious day traders."
RSI + MACD Combined with Volume Alert (Compact)
This custom indicator is designed for traders who need precision and clarity across multiple timeframes (4H, 1H, 15M).
🔹 RSI (Yellow Line):
Tracks momentum and overbought/oversold levels. The 50 midline is emphasized as a directional bias filter — above favors long setups, below favors short setups.
🔹 MACD (Orange & Blue Lines):
Normalized to align with RSI’s scale for easy comparison. Provides crossover timing for entries/exits without clutter.
🔹 MACD Histogram (Red/Green Bars):
Shows impulse strength and divergence confirmation.
🔹 Volume Alerts (Purple Highlights):
High-volume conditions are marked when current volume exceeds 1.5× the 20-period average. This helps confirm valid breakouts/retracements and avoid low-liquidity traps.
🔹 Background Highlights:
Red when RSI > Overbought (70) → possible reversal zone.
Green when RSI < Oversold (30) → possible bounce zone.
✅ Why this indicator?
Combines momentum (RSI), timing (MACD), and conviction (Volume) in one panel.
Compact and color-coded for fast decision-making in day trading.
Optimized for gold (XAUUSD) and high-volatility assets, but adaptable to all markets.
Recommended Use:
4H → Confirm higher-timeframe bias.
1H → Identify actionable setups.
15M → Fine-tune entries at zones.
RSI + MACD Combined with Volume Alert (Compact)
This custom indicator is designed for traders who need precision and clarity across multiple timeframes (4H, 1H, 15M).
🔹 RSI (Yellow Line):
Tracks momentum and overbought/oversold levels. The 50 midline is emphasized as a directional bias filter — above favors long setups, below favors short setups.
🔹 MACD (Orange & Blue Lines):
Normalized to align with RSI’s scale for easy comparison. Provides crossover timing for entries/exits without clutter.
🔹 MACD Histogram (Red/Green Bars):
Shows impulse strength and divergence confirmation.
🔹 Volume Alerts (Purple Highlights):
High-volume conditions are marked when current volume exceeds 1.5× the 20-period average. This helps confirm valid breakouts/retracements and avoid low-liquidity traps.
🔹 Background Highlights:
Red when RSI > Overbought (70) → possible reversal zone.
Green when RSI < Oversold (30) → possible bounce zone.
✅ Why this indicator?
Combines momentum (RSI), timing (MACD), and conviction (Volume) in one panel.
Compact and color-coded for fast decision-making in day trading.
Optimized for gold (XAUUSD) and high-volatility assets, but adaptable to all markets.
Recommended Use:
4H → Confirm higher-timeframe bias.
1H → Identify actionable setups.
15M → Fine-tune entries at zones.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.