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Engulfing RSI EMA tohungmc tk

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Engulfing RSI EMA Indicator

This indicator combines the 200-period EMA, RSI, and Engulfing candlestick patterns to generate buy and sell signals:

Buy Signal: Triggered when a Bullish Engulfing candle forms, RSI is above a user-defined threshold (default 50), and the price is above the EMA (default 200).
Sell Signal: Triggered when a Bearish Engulfing candle forms, RSI is below a user-defined threshold (default 50), and the price is below the EMA (default 200).
Features:

Customizable EMA length (default 200).
Adjustable RSI period (default 14) and thresholds for buy/sell signals.
Visual signals with green upward triangles for buy and red downward triangles for sell.
Alerts for both buy and sell signals.
How to Use:

Add the indicator to your chart.
Adjust EMA length, RSI period, and RSI thresholds in the settings.
Set up alerts for "Buy Signal" or "Sell Signal" to receive notifications.
Ideal for traders looking to combine trend, momentum, and candlestick patterns for better decision-making.

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