Sk M Sir Ji

Hôm kia

Simple indicator that plots three alma moving averages and provides bgcolor based on below conditions
Red => If RSI (length 14) is below 50 or low is below the lower Bollinger band (length 20)
Green => If RSI (length 14) is above 50 or high is above the upper Bollinger band (length 20)

Hôm kia

Phát hành các Ghi chú

Updated the script with what it does

Hôm qua

Phát hành các Ghi chú

Updated the script comments/documentation to make it more readable

Hôm qua

Phát hành các Ghi chú

Included additional ALMA moving averages.

Overall
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Sk M Sir Ji — Multi-ALMA Trend + RSI/Bollinger Bias Heatmap

This indicator blends momentum, volatility, and structural trend using:

🔹 Eight ALMA Moving Averages

Covering fast → ultra-slow ALMA zones for structure mapping
Green = rising, Red = falling

🔹 RSI + Bollinger Band Heatmap

Background turns:

Red when momentum weakens (RSI < 50 or price pierces lower BB)

Green when momentum strengthens (RSI > 50 or price pierces upper BB)

🔹 Selectable basis MA for Bollinger Bands

Choose from SMA / EMA / RMA / WMA / VWMA

Ideal for:

Intraday scalpers

Trend traders

Structure readers

MTFA (multi-timeframe analysis)

Author: ©AquaTickTrader
License: MPL 2.0