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//@version=6

indicator(title = '[NB] Indicator - Institutional Volume + RSI on Candles', shorttitle = '[NB]IND.CandleInstVolume&RSI', overlay = true, timeframe = '')

// INSTITUTIONAL VOLUME ON CANDLES

length = input.int(defval = 55, title = 'MA Volume Length', minval = 2, group = 'Institutional Volume')

thresholdExtraHigh = input.float(defval = 4, title = 'Extra High Volume Threshold', group = 'Institutional Volume')
thresholdHigh = input.float(defval = 2.5, title = 'High Volume Threshold', group = 'Institutional Volume')
thresholdMedium = input.float(defval = 1, title = 'Medium Volume Threshold', group = 'Institutional Volume')
thresholdNormal = input.float(defval = -0.5, title = 'Normal Volume Threshold', group = 'Institutional Volume')

mean = ta.sma(volume, length)
std = ta.stdev(volume, length)
stdbar = (volume - mean) / std

bcolor = stdbar > thresholdExtraHigh ? color.red : stdbar > thresholdHigh ? color.orange : stdbar > thresholdMedium ? color.yellow : stdbar > thresholdNormal ? color.white : color.blue

barcolor(bcolor, title = 'Volume Threshold')


// RSI - BAR SIGNAL AND BULL BEAR AREA

src = close
len = input.int(defval = 14, minval = 1, title = 'Length', group = 'RSI on Candles')
up = ta.rma(math.max(ta.change(src), 0), len)
down = ta.rma(-math.min(ta.change(src), 0), len)
rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - 100 / (1 + up / down)

src1 = close
len1 = input.int(defval = 70, minval = 1, title = 'Overbought Limit', group = 'RSI on Candles')
src2 = close
len2 = input.int(defval = 30, minval = 1, title = 'Oversold Limit', group = 'RSI on Candles')
len3 = input.int(defval = 50, minval = 1, step = 1, title = 'BullBear Limit', group = 'RSI on Candles')
sidewayFactor = input.int(defval = 5, minval = 0, maxval = 100, step = 1, title = 'Sideways Factor %', group = 'RSI on Candles')

isup() =>
    rsi > len1
isdown() =>
    rsi < len2
isBull() =>
    rsi > len3 * (1 + sidewayFactor / 100)
isBear() =>
    rsi < len3 * (1 - sidewayFactor / 100)
isSideway() =>
    rsi < len3 * (1 + sidewayFactor / 100) and rsi > len3 * (1 - sidewayFactor / 100)

colorBars = input.bool(defval = true, title = 'Bar Coloring?', group = 'RSI on Candles')
plotSignals = input.bool(defval = true, title = 'Plot Signals?', group = 'RSI on Candles')
plotBullBear = input.bool(defval = true, title = 'Plot BullBear Area', group = 'RSI on Candles')

plotshape(isup() and plotSignals, 'RSI Overbought Signal', style = shape.triangledown, location = location.abovebar, color = color.red, editable = true, size = size.auto)
plotshape(isdown() and plotSignals, 'RSI Oversold Signal', style = shape.triangleup, location = location.belowbar, color = color.green, editable = true, size = size.auto)
plotshape(isBear() and plotBullBear, 'RSI on Bear Area', style = shape.diamond, location = location.top, color = color.orange, editable = true, size = size.tiny)
plotshape(isBull() and plotBullBear, 'RSI on Bull Area', style = shape.diamond, location = location.top, color = color.blue, editable = true, size = size.tiny)
plotshape(isSideway() and plotBullBear, 'RSI on Sideway Area', style = shape.diamond, location = location.top, color = color.gray, editable = true, size = size.tiny)