Umile Indicatore – RSI + Stocastico + EMAs

🔍 Overview: Multi-Signal Momentum Indicator
This custom TradingView indicator is a comprehensive technical toolkit combining:

RSI (Relative Strength Index)

Stochastic Oscillator with volume filter

Multi-period EMAs (Exponential Moving Averages)

Customizable visual BUY/SELL signals

It’s designed to detect potential momentum shifts, overbought/oversold conditions, and trend alignment, helping traders identify high-probability entries and exits based on layered confirmations.

🧠 Components Explained
✅ 1. RSI Logic
Detects price momentum and potential reversal zones.

Triggers a BUY signal when RSI crosses above a user-defined oversold level.

Triggers a SELL signal when RSI crosses below an overbought threshold.

You can choose the visual symbol (triangle, circle, or arrow) and set the color for each signal.

✅ 2. Stochastic Oscillator + Volume Filter
Identifies turning points based on the relationship between %K and %D lines.

Signals are only valid if:

A crossover occurs (e.g., %K crosses above %D for a BUY)

Price is in an extreme zone (below oversold or above overbought)

Volume is above its moving average — to filter out weak signals.

Also comes with symbol and color customization.

✅ 3. Exponential Moving Averages (EMAs)
Plots multiple EMAs: 50, 100, 144, 200, 300, 500, 1000.

These help assess trend strength and directional bias.

You can toggle the visibility of EMAs if needed.

✅ 4. Visual & Style Customization
Each signal type (RSI and Stochastic) allows:

Selection of plot shape: triangle, circle, or arrow

Custom BUY/SELL colors

Levels like RSI/Stoch overbought and oversold zones are also plotted for reference.

🎯 How to Use It
Look for confluence between RSI and Stochastic signals to validate entries.

Use EMAs as trend filters — e.g., only take long signals when price is above EMA200.

The volume filter on Stochastic helps reduce false signals in low-activity markets.