RSI Cloud — Indicator by Skrymtn

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Relative Strength Index (RSI) Stochastic RSI (STOCH RSI)

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relativestrengthindex stochasticrsi

Stochastic + RSI

Release Notes: Some updates discussed in group.

Release Notes: Stronger colors.
Added alerts.

Release Notes: Plots.

Release Notes: cleaner response

Release Notes: Added alert conditions.

Release Notes: Change buy signal equation.

Release Notes: Changed sell signal to use BB main band (used to be upperhalf band.)

Release Notes: equation update.

Release Notes: Updated alert conditions.

Release Notes: Added cloud.
Fixed alert conditions.

Release Notes: Changed RSI default periods to 14.
Changed Cloud default periods to 14.
Changed hull color when descending, solid color when ascending.
Added alert condition when hull crosses rsi either way.
Removed alert conditions for cloud sell and buy signal.

Release Notes: Changed default cloud length to 9 periodes

Release Notes: Updated alertcondition with pinescript 4 parameters.

Release Notes: Added variabels to RSI/Hull cross alert condtion.
Fixed colors to look ok in dark mode.

Comments

Nice idea. Kindly allow and authorise me to use this indicator. Thankyou.

Wonderful idea. Two of my most useful indicators combined, saving valuable screen real estate, but more importantly, increasing information retrieved from these solid indicators.