Momentum Exhaustion + Swing Points Combo — Indicator by auroagwei

Relative Strength Index (RSI) Money Flow Index (MFI)

Combination of @Zeenobit's Swing Points and Momentum Exhaustion indicators; RSX instead of RSI from @jaggedsoft/@everget's RSX Divergences script(s).

Release Notes:

Update:

Adjustable RSX length
Adjustable RSX length buffer
Adjustable MFI length
Added orange X-cross shape to indicate where there is an overlap between a swing point and momentum exhaustion point
Checkbox options to hide Swing Points, Momentum Exhaustion points, MESP overlap, and MESP overlap text

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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?