OPEN-SOURCE SCRIPT

1 Hour HA Venkat Sir Commodities

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Here’s a clear and professional description you can use for your TradingView script:

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### **Script Name:**

**1 Hour HA Venkat Sir Commodities**

### **Description:**

This indicator is designed for identifying potential **buy and sell signals** in commodity markets using **Heikin Ashi candlestick patterns** combined with a **Relative Strength Index (RSI) filter**. It works on the **1-hour timeframe** and aims to capture early trend reversals or momentum shifts.

### **Key Features:**

* ✅ **Heikin Ashi Pattern Detection:**
Detects the following reversal candlestick patterns on calculated Heikin Ashi candles:

* **Bullish Engulfing**
* **Bullish Harami**
* **Bearish Engulfing**
* **Bearish Harami**

* ✅ **RSI Confirmation Filter:**
Adds an extra layer of confirmation using the standard 14-period RSI on regular price candles:

* **Buy signals** trigger only when RSI < 40 (oversold zone).
* **Sell signals** trigger only when RSI > 60 (overbought zone).

* ✅ **Visual Signals:**

* **Green upward triangles** below candles for buy signals.
* **Red downward triangles** above candles for sell signals.

* ✅ **Alert Conditions:**
Built-in alerts to notify users when valid buy or sell conditions are met.

### **Usage Tip:**

Best used on commodities charts set to the **1-hour timeframe**. Ensure you're not using Heikin Ashi chart mode, as the script calculates its own Heikin Ashi values for accuracy and consistency.

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