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RSI Ichimoku Cloud + Signals

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Indicator Name: RSI Ichimoku Cloud with SMA200 Filter
Description:
This custom indicator combines the Relative Strength Index (RSI) with Ichimoku Cloud logic and a 200-period Simple Moving Average (SMA) applied to RSI, providing enhanced signal filtering and trend validation.

How It Works:
RSI Calculation

Standard RSI is calculated (default period: 14).

Ichimoku Cloud on RSI

Traditional Ichimoku components (Tenkan-sen, Kijun-sen, Senkou Span A & B) are applied directly to the RSI instead of price.

The future cloud (Senkou Span A/B) helps anticipate RSI momentum shifts.

SMA 200 on RSI

A 200-period SMA is calculated on the RSI line, acting as a trend filter.

Only long (buy) signals are allowed when RSI > SMA200.

Only short (sell) signals are allowed when RSI < SMA200.

Entry Signals

Buy Signal: RSI crosses above the Ichimoku cloud + cloud is bullish + Tenkan > Kijun + RSI above SMA200.

Sell Signal: RSI crosses below the cloud + cloud is bearish + Tenkan < Kijun + RSI below SMA200.

Visual Output

Buy and Sell signals are plotted as labels on the main price chart.

The indicator does not draw the RSI or SMA visually, but uses them internally for signal generation.

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.