OPEN-SOURCE SCRIPT
RSI + EMA + Volume Breakout (Robust)

//version=5
indicator("RSI + EMA + Volume Breakout (Robust)", overlay=true)
// === INPUTS ===
ema1_len = input.int(20, "EMA Fast (Short)")
ema2_len = input.int(50, "EMA Slow (Long)")
rsi_len = input.int(14, "RSI Length")
vol_mult = input.float(1.5, "Volume Multiplier", step=0.1)
vol_sma_len = input.int(20, "Volume SMA Length")
// === INDICATORS ===
ema1 = ta.ema(close, ema1_len)
ema2 = ta.ema(close, ema2_len)
rsi = ta.rsi(close, rsi_len)
vol_avg = ta.sma(volume, vol_sma_len)
vol_avg_safe = nz(vol_avg) == 0 ? 1 : vol_avg // protect against zero
// === CONDITIONS ===
bull_cross = ta.crossover(ema1, ema2)
bear_cross = ta.crossunder(ema1, ema2)
vol_break = volume > vol_avg_safe * vol_mult
rsi_bull = rsi > 55
rsi_bear = rsi < 45
buy_signal = bull_cross and vol_break and rsi_bull and close > ema1 and close > ema2
sell_signal = bear_cross and vol_break and rsi_bear and close < ema1 and close < ema2
// === PLOT EMAs ===
plot(ema1, title="EMA 20", linewidth=2)
plot(ema2, title="EMA 50", linewidth=2)
// === SIGNALS ===
plotshape(buy_signal, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.triangleup, size=size.large)
plotshape(sell_signal, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.triangledown, size=size.large)
// === ALERTS ===
alertcondition(buy_signal, title="Buy Alert", message="Buy Signal Triggered")
alertcondition(sell_signal, title="Sell Alert", message="Sell Signal Triggered")
indicator("RSI + EMA + Volume Breakout (Robust)", overlay=true)
// === INPUTS ===
ema1_len = input.int(20, "EMA Fast (Short)")
ema2_len = input.int(50, "EMA Slow (Long)")
rsi_len = input.int(14, "RSI Length")
vol_mult = input.float(1.5, "Volume Multiplier", step=0.1)
vol_sma_len = input.int(20, "Volume SMA Length")
// === INDICATORS ===
ema1 = ta.ema(close, ema1_len)
ema2 = ta.ema(close, ema2_len)
rsi = ta.rsi(close, rsi_len)
vol_avg = ta.sma(volume, vol_sma_len)
vol_avg_safe = nz(vol_avg) == 0 ? 1 : vol_avg // protect against zero
// === CONDITIONS ===
bull_cross = ta.crossover(ema1, ema2)
bear_cross = ta.crossunder(ema1, ema2)
vol_break = volume > vol_avg_safe * vol_mult
rsi_bull = rsi > 55
rsi_bear = rsi < 45
buy_signal = bull_cross and vol_break and rsi_bull and close > ema1 and close > ema2
sell_signal = bear_cross and vol_break and rsi_bear and close < ema1 and close < ema2
// === PLOT EMAs ===
plot(ema1, title="EMA 20", linewidth=2)
plot(ema2, title="EMA 50", linewidth=2)
// === SIGNALS ===
plotshape(buy_signal, title="Buy Signal", location=location.belowbar, color=color.green, style=shape.triangleup, size=size.large)
plotshape(sell_signal, title="Sell Signal", location=location.abovebar, color=color.red, style=shape.triangledown, size=size.large)
// === ALERTS ===
alertcondition(buy_signal, title="Buy Alert", message="Buy Signal Triggered")
alertcondition(sell_signal, title="Sell Alert", message="Sell Signal Triggered")
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.