Hi,
I require a help from anyone from this group. Can you create a custom heatmap kind of indicator based on below parameters?
The heatmap should show Red or Green bars based on these parameters.
GREEN:
1. Candle closed above Bollinger Middle Band ( 20 SMA )
2. RSI 9 period is above 3 EMA ( value derived when EMA overlay on RSI )
3. RSI 9 period is above 50 level
4. RSI 9 period is above 21 WMA ( value derived when EMA overlay on RSI )
5. Current price is greater than or above 20 EMA daily
RED:
1. Candle closed below Bollinger Middle Band ( 20 SMA )
2. RSI 9 period is below 3 EMA
3. RSI 9 period is below 50 level
4. RSI 9 period is below 21 WMA
5. Current price is lesser than or below 20 EMA daily
This system gives very good accuracy. If this can be built, lot of people will be benefited.
Regards,
Shashi
Shashi22101980@gmail.com