Median Price RSI Deviation

This indicator is a smoothed RSI-based trend filter that combines median price smoothing, customizable moving averages, and standard deviation bands to identify bullish or bearish conditions:

=> It first smooths price using a median filter.

=> Then it calculates RSI on that smoothed price.

=> The RSI is further smoothed using a selectable moving average (e.g., DEMA, EMA).

=> Standard deviation bands are applied around this smoothed RSI.

Signals:

=> A bullish signal is triggered when the upper band exceeds a long threshold (default 50).

=> A bearish signal occurs when the smoothed RSI drops below a short threshold (default 40).