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Long Short Lien Tuc

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Long Short Continuous is a momentum-based indicator that enhances the traditional RSI (Relative Strength Index) by incorporating EMA (Exponential Moving Average) and WMA (Weighted Moving Average) smoothing techniques. This approach aims to provide more stable signals and reduce noise, making it easier to identify potential trend shifts.

Features:
• RSI (14): Measures market momentum, helping to identify overbought and oversold conditions.
• EMA (9) of RSI: Smooths RSI fluctuations to highlight recent momentum shifts.
• WMA (45) of RSI: Provides a longer-term perspective to filter short-term RSI volatility.
• Dynamic Color Coding: The RSI line changes color when entering overbought (≥80, red) or oversold (≤20, lime) zones.
• Overbought & Oversold Levels: Horizontal dotted lines at 80 and 20 help visualize extreme conditions.

How to Use:
• Trend Confirmation: A rising EMA9 of RSI above WMA45 suggests strengthening momentum, while a decline indicates weakening momentum.
• Reversal Signals: When RSI enters extreme levels (above 80 or below 20) and crosses back, it may signal potential reversals.
• Momentum Filtering: EMA9 and WMA45 can help traders avoid false RSI signals by confirming longer-term trends.

Disclaimer:

This indicator is designed for technical analysis and should not be considered financial advice. Market movements are probabilistic, and no indicator guarantees 100% accuracy. Always use risk management and consider multiple confluence factors when making trading decisions.
Note di rilascio
Long Short Continuous is a momentum-based indicator that enhances the traditional RSI (Relative Strength Index) by incorporating EMA (Exponential Moving Average) and WMA (Weighted Moving Average) smoothing techniques. This approach aims to provide more stable signals and reduce noise, making it easier to identify potential trend shifts.

Features:
• RSI (14): Measures market momentum, helping to identify overbought and oversold conditions.
• EMA (9) of RSI: Smooths RSI fluctuations to highlight recent momentum shifts.
• WMA (45) of RSI: Provides a longer-term perspective to filter short-term RSI volatility.
• Dynamic Color Coding: The RSI line changes color when entering overbought (≥80, red) or oversold (≤20, lime) zones.
• Overbought & Oversold Levels: Horizontal dotted lines at 80 and 20 help visualize extreme conditions.

How to Use:
• Trend Confirmation: A rising EMA9 of RSI above WMA45 suggests strengthening momentum, while a decline indicates weakening momentum.
• Reversal Signals: When RSI enters extreme levels (above 80 or below 20) and crosses back, it may signal potential reversals.
• Momentum Filtering: EMA9 and WMA45 can help traders avoid false RSI signals by confirming longer-term trends.

Disclaimer:

This indicator is designed for technical analysis and should not be considered financial advice. Market movements are probabilistic, and no indicator guarantees 100% accuracy. Always use risk management and consider multiple confluence factors when making trading decisions.

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Signal base on real time candle price

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