RSI, MACD and MA Strategy

19 jam lalu

//version=5
indicator("RSI, MACD and MA Strategy", overlay=true)

// RSI Input
rsiLength = input(14, title="RSI Length")
rsiSource = input(close, title="RSI Source")
rsiOverbought = input(70, title="Overbought Level")
rsiOversold = input(30, title="Oversold Level")

// MACD Input
macdShortLength = input(12, title="MACD Short Length")
macdLongLength = input(26, title="MACD Long Length")
macdSignalLength = input(9, title="MACD Signal Length")

// MA Input
maLength = input(50, title="MA Length")

// RSI Calculation
rsiValue = ta.rsi(rsiSource, rsiLength)

// MACD Calculation
[macdLine, signalLine, _] = ta.macd(close, macdShortLength, macdLongLength, macdSignalLength)

// Moving Average Calculation
maLine = ta.sma(close, maLength)

// Buy and Sell Conditions
buySignal = ta.crossover(rsiValue, rsiOversold) and ta.crossover(macdLine, signalLine) and close > maLine
sellSignal = ta.crossunder(rsiValue, rsiOverbought) and ta.crossunder(macdLine, signalLine) and close < maLine

// Plotting Signals
plotshape(series=buySignal, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.labelup, text="BUY")
plotshape(series=sellSignal, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL")