Anant

andy

It's a amazing RSI strategy.
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//Created by Chris Moody on 8/8/2014 by Request for motcha1
//RSI Indicator with EMA of RSI for Signal
//Great Confirrming Signal for CM_Williams_Vix_Fix https://www.tradingview.com/v/og7JPrRA/
study(title="CM_RSI_EMA", shorttitle="CM_RSI_EMA_", overlay=false)
src = close, 
len = input(30, minval=1, title="RSI Length")
len2 = input(30, minval=1, title="EMA of RSI Length")
up = rma(max(change(src), 0), len)
down = rma(-min(change(src), 0), len)
rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down))
emaRSI = ema(rsi,len2)

plot(rsi, title="RSI", style=line, linewidth=3, color=silver)
plot(emaRSI, title="EMA of RSI", style=circles, linewidth=2, color=red)
band1 = hline(60, title="Upper Line", linestyle=dashed, linewidth=3, color=red)
band0 = hline(40, title="Lower Line", linestyle=dashed, linewidth=3, color=lime)
fill(band1, band0, color=purple, transp=90)
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