This is an 14RSI with a built in EMA55. I also added 50RSI level to add more confluence.
RSI above 50 level and EMA55 can confirm bullish trend .
But don't trade based off on this indicator.
Note:
Always look at the price actions first. Only use this indicator as a confluence to your price action analysis. And don't forget to backtest and make adjustments based on your trading style.
RSI above 50 level and EMA55 can confirm bullish trend .
But don't trade based off on this indicator.
Note:
Always look at the price actions first. Only use this indicator as a confluence to your price action analysis. And don't forget to backtest and make adjustments based on your trading style.