MACD + RSI Buy/Sell Signals

### **MACD + RSI Buy/Sell Signals Indicator for TradingView**

This TradingView indicator helps traders identify **buy and sell opportunities** using a combination of **MACD (Moving Average Convergence Divergence) and RSI (Relative Strength Index)**.

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### **Indicator Components**
1. **MACD (Moving Average Convergence Divergence)**
- Uses **12-period EMA (fast)** and **26-period EMA (slow)** to calculate the MACD line.
- A **9-period EMA** of the MACD line is used as the **signal line**.
- A **bullish crossover** (MACD line crossing above the signal line) suggests a buy signal.
- A **bearish crossover** (MACD line crossing below the signal line) suggests a sell signal.

2. **RSI (Relative Strength Index)**
- Uses a **14-period RSI** to measure momentum.
- An RSI value above **30** confirms a **buy signal** when the MACD crossover happens.
- An RSI value below **70** confirms a **sell signal** when the MACD crossunder happens.

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### **Buy & Sell Signals**
- **Buy Signal:**
- When the **MACD line crosses above the signal line**, and RSI is above **30** (indicating upward momentum).
- Plotted as a **green label** below the price bars.

- **Sell Signal:**
- When the **MACD line crosses below the signal line**, and RSI is below **70** (indicating downward momentum).
- Plotted as a **red label** above the price bars.

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### **Usage Guidelines**
- Best suited for **intraday and swing trading** on **higher timeframes** like **15 minutes, 1 hour, or daily charts**.
- Works well in **trending markets** but may generate false signals in **sideways markets**.
- Can be combined with **support/resistance levels** for higher accuracy.

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This indicator provides **clear visual signals** on the chart to help traders **easily identify potential entry and exit points**.