EMA Offset Strategy with RSI

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EMA Offset Strategy with RSI Confirmation
This strategy combines the power of exponential moving averages (EMA) and the Relative Strength Index (RSI) to identify potential buy and sell signals in the market.

Key Features:
EMA with Forward Offset:

The strategy calculates a 13-period EMA and offsets it forward by another 13 periods to create a predictive indicator.
The offset EMA acts as a dynamic support and resistance level.
RSI-Based Confirmation:

A long (buy) signal is generated when the price closes above the offset EMA and the RSI is greater than 56.
A short (sell) signal is generated when the price closes below the offset EMA and the RSI is less than 44.
The RSI is set to a default 14-period calculation, providing an extra layer of confirmation for trade entries.
Signal Visualization:

Green "Buy" labels appear below bars where long conditions are met.
Red "Sell" labels appear above bars where short conditions are met.
The strategy dynamically plots the EMA (blue) and Offset EMA (red) on the price chart.
Automated Trade Execution:

The strategy executes long and short positions based on the defined conditions and exits when the opposing signal is triggered.
How to Use:
Inputs:

EMA Period: The number of periods for the exponential moving average (default is 13).
Offset Period: The number of periods to calculate the forward offset (default is 13).
RSI Period: The length of the RSI calculation (default is 14).
Signals:

Buy: When the closing price is above the offset EMA and RSI > 56.
Sell: When the closing price is below the offset EMA and RSI < 44.
Ideal Use Cases:
Suitable for trending markets to ride momentum while filtering out false signals with RSI confirmation.
Can be used for swing trading or intraday trading on various timeframes.
Customizations:
Users can adjust the EMA period, offset period, and RSI period from the settings to fit their preferred trading style and market conditions.
Visualization:
EMA (Blue): Traditional moving average line.
Offset EMA (Red): Predictive forward offset line.
Buy/Sell Signals: Clearly marked on the chart for actionable insights.