Bharat Jhunjhunwala - RSI Cross Trading Signal

RSI Crossover Indicator

This custom indicator uses the Relative Strength Index (RSI) to generate precise buy and sell signals based on momentum shifts. The strategy works as follows:

Buy Signal: Triggered when:

The Daily RSI is above 50, indicating bullish market conditions.
The Hourly RSI crosses above 70, signaling a strong upward momentum.

Sell Signal: Triggered when:

The Daily RSI is below 50, indicating bearish market conditions.
The Hourly RSI crosses below 30, signaling potential downward momentum.

The indicator plots green up arrows for buy signals and red down arrows for sell signals, making it ideal for traders looking to trade momentum shifts with clarity.