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RSI(7) + MACD Zone

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Title: RSI(7) + MACD Zone Combo

Description:
This indicator combines RSI (7) and MACD (12,26,9) into a single panel with a unified scale for easier analysis.

RSI (7) is plotted in white and automatically turns red when the market reaches overbought (>70) or oversold (<30) conditions.

MACD is normalized to align with the RSI scale (0–100).

A value of 50 represents MACD = 0.

Above 50 (teal) indicates positive momentum.

Below 50 (red) indicates negative momentum.

This combination allows traders to quickly identify when short-term RSI conditions align with overall momentum shifts from MACD.

How to use:

Look for potential buy opportunities when RSI is oversold (<30) and MACD is above 50 (positive momentum).

Look for potential sell opportunities when RSI is overbought (>70) and MACD is below 50 (negative momentum).

Use in conjunction with price action and risk management — not as a standalone signal.

כתב ויתור

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