Step 4: Indicators and Overlays
FXC911 – Forex & Crypto News & Insights
Creating Indicators
Create common indicators like RSI and MACD.
//@version=5
indicator("RSI Example", overlay=false)
rsi = ta.rsi(close, 14)
plot(rsi, title="RSI", color=color.orange)
Overlays vs. Indicators
Overlays are plotted on the price chart, while standalone indicators are plotted in separate panes.
Visit me on:
🚀 Finance & Trading Insights: fxc911.ir
🐦 Twitter: x.com/fxc911_official/
Last updated