IKZ MAX

# 📊 RSI + Volume Profile Integrated Indicator

## 🎯 **General Description**
An integrated indicator that combines the power of **RSI (Relative Strength Index)** and **Volume Profile** in one technical analysis tool. It blends momentum analysis with volume distribution to provide more accurate and reliable trading signals.

## 📈 **Main Components**

### 1. **RSI (Relative Strength Index)**
- **Function**: Measures the speed and magnitude of price changes
- **Levels**:
- 🟥 **Overbought (70)**: Potential selling area
- 🟩 **Oversold (30)**: Potential buying area
- ⚪ **Midline (50)**: Balance line

### 2. **Volume Profile**
- **Function**: Analyzes trading volume distribution across price levels
- **Components**:
- 🟡 **POC (Point of Control)**: Price level with highest trading volume
- 🔵 **Value Area**: Area containing 68% of trading volume around POC

## ⚡ **Trading Signals**

### 📊 **Traditional RSI Signals**
- 🟢 **RSI Buy Signal**: When RSI crosses above 30 level (oversold)
- 🔴 **RSI Sell Signal**: When RSI crosses below 70 level (overbought)

### 💪 **Strong Integrated Signals**
- 💚 **Strong Buy**: RSI in oversold + Price near POC
- 🖤 **Strong Sell**: RSI in overbought + Price near POC

## 🛠 **Adjustable Settings**

### ⚙️ **RSI Settings**
- `rsi_length`: Calculation period (default: 14)
- `rsi_overbought`: Overbought level (default: 70)
- `rsi_oversold`: Oversold level (default: 30)
- `rsi_src`: Data source (default: close price)

### 📊 **Volume Profile Settings**
- `vp_lookback`: Lookback period (number of candles)
- `vp_rows`: Number of rows (distribution precision)
- `show_vp_histogram`: Show volume histogram
- `show_poc`: Show Point of Control
- `show_value_area`: Show Value Area

## 🎨 **Visual Elements**

### 📉 **Chart Display**
- RSI line in blue color
- Colored areas for extremes (red/green)
- POC line with label
- Buy/sell signals as colored triangles

### 📋 **Information Table**
- Current RSI value and status
- Current POC price
- Value Area range
- Current active signal
- Current active volume

## 🔔 **Alert Systems**
- Alerts for traditional RSI signals
- Alerts for integrated strong signals
- Updates once per bar

## 💡 **Trading Applications**

### 1. **Support and Resistance Identification**
- POC forms strongest support/resistance levels
- Value Area defines main trading range

### 2. **Momentum and Trend Analysis**
- RSI determines current momentum strength
- Volume Profile confirms level strength

### 3. **Entry Timing**
- Enter when integrated signals converge
- Confirm momentum alignment with volume distribution

## 🚀 **Unique Features**

### ✅ **Smart Integration**
- Combines two powerful indicators in one interface
- Integrated signals provide stronger confirmation

### ✅ **Flexibility**
- Fully customizable settings
- Suitable for all timeframes

### ✅ **User-Friendly**
- Clear visual interface
- Direct and easy-to-read signals

## 📊 **Result Interpretation**

### 🟢 **Ideal Buy Scenario**
- RSI below 40 (potential upward momentum)
- Price near POC (strong support)
- Buy signal from both indicators

### 🔴 **Ideal Sell Scenario**
- RSI above 60 (potential downward momentum)
- Price near POC (strong resistance)
- Sell signal from both indicators

## ⚠️ **Important Notes**

### 🔧 For Daily Timeframe:
- `vp_lookback = 50` (lookback period)
- `rsi_length = 14` (RSI period)

### 🔧 For Hourly Timeframe:
- `vp_lookback = 100` (lookback period)
- `rsi_length = 14` (RSI period)

## 📝 **Usage Tips**

1. **Strong Signals**: Wait for confirmation from both indicators before entering trades
2. **Risk Management**: Use POC as support/resistance for stop-loss placement
3. **Timing**: Best signals occur when RSI crosses critical levels with Volume Profile confirmation

## ⚠️ **Warning**
This indicator is for educational and analytical purposes only, not financial advice. Always practice risk management and never trade more than you can afford to lose.

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**📈 Enjoy Smart Trading!** 🚀