ALGOME - SMA + EMA + RSI + Volume_V23.01.0

Moving Average + RSI + Volume indicators together help analyze trends, filter noise & allow maximum customization in the setup for various scrips.

SMA & EMA are two classical technical indicators.
SMA calculates the average price data, while EMA gives more weight to current data.
EMA gives a higher weighting to recent prices, while the SMA assigns an equal weighting to all values.

About RSI:

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements.
The RSI oscillates between zero and 100. The RSI is generally considered overbought when above 70 and oversold when below 30.

Directional Indication:
Enter LONG position when the selected combination of indicators gives a bullish view
Enter SHORT position when the selected combination of indicators gives a bearish view

Useful Parameters & Settings:
Set MA & RSI Periods, Target, Stoploss & Time Frame values that best suit.
Select Intraday or Positional mode based on the need.
To trade on the Real-time bar, Go to Strategy Settings >> Properties >> Recalculate and select the "On Every Tick" option.
Untick the "Signal Labels" option from Settings >> Style property window for a clean chart view.

Alert Message:
Type in the alert message as "{{strategy.order.alert_message}}"

How To Access, Setup, Integrate & Execute Live Alerts?
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?