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RSI de Loquy

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Indicator Description: RSI de Loquy
This custom indicator blends the power of the Relative Strength Index (RSI) with the Hull Moving Average (HMA), enhanced by a linear regression to reveal underlying momentum trends.

How It Works:
The RSI is calculated not on price directly, but on the HMA, offering a smoother and more responsive signal.

The RSI is remapped to a -100 to +100 scale for more intuitive reading:

+100 = extreme oversold

-100 = extreme overbought

A linear regression line is plotted over the rescaled RSI to highlight trend direction and strength.

Usage Tips:
Reversed overbought/oversold levels:

Above +70 = potential oversold condition

Below -70 = potential overbought condition

The white regression line helps confirm trend shifts or momentum continuation.

⚙️ Customizable Inputs:
HMA period

RSI length

Regression length

Aviso legal

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