OPEN-SOURCE SCRIPT

Leading Indicator - MACD + RSI

### *How It Works*
1. *MACD*:
- The MACD line is calculated as the difference between the 12-period and 26-period exponential moving averages (EMAs).
- A signal line (9-period EMA of the MACD line) is used to generate crossover signals.

2. *RSI*:
- RSI is used to measure momentum and identify overbought/oversold conditions.
- Signals are filtered to avoid overbought/oversold zones, ensuring the indicator acts as a leading tool.

3. *Signals*:
- A *BUY* signal is generated when:
- MACD line crosses above the signal line (bullish momentum).
- RSI is above the oversold level but below the overbought level (momentum is building).
- A *SELL* signal is generated when:
- MACD line crosses below the signal line (bearish momentum).
- RSI is below the overbought level but above the oversold level (momentum is weakening).

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### *How to Use*
1. Copy and paste the script into TradingView's Pine Script editor.
2. Add the indicator to your chart.
3. Adjust the input parameters (e.g., MACD lengths, RSI length) to suit your trading style.
4. Use the BUY/SELL signals to identify potential entry and exit points.

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### *Customization*
- You can add more filters, such as volume or trend confirmation (e.g., using a moving average).
- Experiment with different lengths for MACD and RSI to optimize for your preferred time frame.

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