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RSI & MACD Combo Indicator

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The RSI & MACD Combo Indicator is designed to help traders identify high-probability trend reversal points by combining the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD).

How It Works:
Buy Signal 🟢:
RSI is below 35 (oversold condition).
MACD crosses above the signal line (bullish crossover).

Sell Signal 🔴:
RSI is above 65 (overbought condition).
MACD crosses below the signal line (bearish crossover).
Features:
✅ Customizable RSI & MACD settings.
✅ Background color highlights buy/sell zones.
✅ Alerts for buy and sell signals.
✅ ATR-based labels for trade entries.

This indicator helps traders confirm momentum shifts and avoid false breakouts by requiring confluence between momentum (RSI) and trend confirmation (MACD).

Penafian

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