RSI + MACD Combined with Volume Alert (Compact)

"All-in-one momentum, timing, and conviction — built for serious day traders."

RSI + MACD Combined with Volume Alert (Compact)
This custom indicator is designed for traders who need precision and clarity across multiple timeframes (4H, 1H, 15M).

🔹 RSI (Yellow Line):
Tracks momentum and overbought/oversold levels. The 50 midline is emphasized as a directional bias filter — above favors long setups, below favors short setups.

🔹 MACD (Orange & Blue Lines):
Normalized to align with RSI’s scale for easy comparison. Provides crossover timing for entries/exits without clutter.

🔹 MACD Histogram (Red/Green Bars):
Shows impulse strength and divergence confirmation.

🔹 Volume Alerts (Purple Highlights):
High-volume conditions are marked when current volume exceeds 1.5× the 20-period average. This helps confirm valid breakouts/retracements and avoid low-liquidity traps.

🔹 Background Highlights:

Red when RSI > Overbought (70) → possible reversal zone.

Green when RSI < Oversold (30) → possible bounce zone.

✅ Why this indicator?

Combines momentum (RSI), timing (MACD), and conviction (Volume) in one panel.

Compact and color-coded for fast decision-making in day trading.

Optimized for gold (XAUUSD) and high-volatility assets, but adaptable to all markets.

Recommended Use:

4H → Confirm higher-timeframe bias.

1H → Identify actionable setups.

15M → Fine-tune entries at zones.