Trend RSI filter for Moving Average

The indicator averages the price using one of four methods:

  1. Simple
  2. Exponential
  3. Linear Weighted
  4. Smoothed
  5. Tema
  6. Dema
  7. None

Then filters the result through the RSI values.
This results in a line drawn that approximates the trend change in the RSI peak zones.

The last three screenshots show two indicators on a single chart with RSI high and low prices and the rest of the default parameters.
The up color (red) for the high prices is set to None, while the down color (blue) for the low prices is set to None.
A clear trend change is visible on the 5-minute chart.

There is a setting to enable alerts if the trend changes direction (when the color changes).

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The utility draws pivot levels based on a selection from day week month The previous candlestick of the selected timeframe is taken and the values for the levels are calculated using the following formulas: Pivot = (high + close + low) / 3 R1 = ( 2 * Pivot) - low S1 = ( 2 * Pivot) - high R2 = Pivot + (R1 -S1) R3 = high + ( 2 * (Pivot - low)) S2 = Pivot - (R1 - S1) S3 = low - ( 2 * (high - Pivot)); The style and thickness for all lines are adjusted. The colors for the R, Pivot and S lines ar
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The indicator highlights in color the places on the chart where the price moves in one direction continuously from the selected number of candles. You can specify the number of points from the beginning of the movement to select only movements from this amount. It can be useful for looking for reversals or sharp impulses. I also recommend purchasing this utility to determine local weekly / monthly trends and support and resistance lines. https://www.mql5.com/en/market/product/61401
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