EMA & RSI Script

bw_104607

New member
I’m looking for help on how to create script for an indicator that I’d like to create.

I would like to have an indicator that will alert when all the following happens.

1) 8 EMA crosses the 21 EMA (above or below)
2) RSI is above or below 50
 
I’m looking for help on how to create script for an indicator that I’d like to create.

I would like to have an indicator that will alert when all the following happens.

1) 8 EMA crosses the 21 EMA (above or below)
2) RSI is above or below 50
Do you desire a visual output of some sort for study purposes?

Is there a specific combination you want to trigger your alert?

Are you looking for an alert when the 8 crosses above or below the 21 EMA AND the RSI is less than 50?

OR

Are you looking for an alert when the 8 crosses ABOVE the 21 EMA AND the RSI is less than 50?

Are you hoping that you will see clearer signals when your chosen instruments come off of lows or highs?

Even though you have posed two possibilities, the two possibilities you've posed are not the end of the line depending on what you wish your final result to be.
 

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

I’m looking for help on how to create script for an indicator that I’d like to create.

I would like to have an indicator that will alert when all the following happens.

1) 8 EMA crosses the 21 EMA (above or below)
2) RSI is above or below 50

edit your post and rewrite your rules
to be interpreted literally as written, saying this or that,...
. 1) 8 EMA crosses the 21 EMA (above or below)
. 2) RSI is above or below 50
is true on every single bar

do you mean
buy
1) 8 EMA crosses above the 21 EMA
and
2) RSI is above 50

sell
1) 8 EMA crosses below the 21 EMA
and
2) RSI is below 50
 

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
265 Online
Create Post

Similar threads

Similar threads

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.
Back
Top