RSI Plus – Divergence + EMA/WMA

RSI Plus – Divergence + EMA/WMA

This is an advanced RSI indicator designed for traders who want to maximize the power of RSI.
Beyond the standard RSI plot, this tool adds extra features to help analyze trends and identify better entry signals.

Key Features:

• Standard RSI with highlighted zones (20–30, 30–40, 40–60, 60–70, 70–80)
  
• Multiple smoothing options: SMA, EMA, SMMA, WMA, VWMA
  
• Bullish/Bearish divergence detection with labels and alerts
  
• WMA(45) on RSI for mid-term trend confirmation
  
• EMA vs WMA45 color-fill (green for bullish, red for bearish)
  
• Multi-timeframe support (Daily, H4, H1)
  

How to use:

• Spot potential reversals with RSI divergence
  
• Confirm trend direction when RSI EMA > WMA45 (bullish) or EMA < WMA45 (bearish)