RSI with SMA (14) + Bullish Marks

RSI with SMA (14) + Bullish Strength Filter

This indicator combines the classic RSI (14) with its 14-period SMA to provide a clearer view of bullish momentum. Unlike a standard RSI crossover system, this indicator filters out false signals and highlights only those crossovers that show confirmed upward strength.

Key Features:

Displays RSI (14) and its SMA (14) on a separate chart.

Detects bullish crossovers only when the RSI is consistently rising over a configurable number of bars.

Optional visual background highlights zones of confirmed bullish strength.

Overbought (70) and Oversold (30) levels are plotted for reference.

Custom alert triggers when a bullish signal is confirmed, helping you act promptly.

Input Parameters:

RSI Period: Length of the RSI calculation.

SMA Period on RSI: Length of the SMA applied to RSI.

Confirmation Candles: Number of bars the RSI must rise to confirm a bullish signal.

Perfect for traders seeking a refined RSI strategy that reduces noise and emphasizes confirmed upward momentum.