Simple MACD + RSI Indicator

[captnops]

On TradingView, I am able to combine a MACD and RSI indicator on the lower section of the chart and overlay them. The goal is have the MACD cross both the MACD zero line AND the RSI 60 line (both up and down) to confirm a trade. I am looking to backtest this strategy and I was hoping someone here may have what I am looking for for TOS.

The setup only displays the RSI 60 line, but I suspect placement of that in the lower section is dependent on the RSI calculation. I am also not sure if I would be able to reference both the RSI 60 line AND the MACD Zero line within a backtesting script, but hopefully someone here could shed some light on that as well.

Thank you for the help.

 

[BenTen]

That's not how you should adequately combine two oscillators together. Sure, you combined them, but they function separately, and sometimes, depending on your zoom, the crossovers between the MACD line and RSI line are totally false.

In TOS, you can combine both indicators (like you were able to do in TradingView) by drag-and-drop them into the same subgraph section. Again, this is not the proper way to do it, but give it a try.

Check out some of the posts from this search page for more ideas https://usethinkscript.com/google-search/?q=combine+macd+rsi