MTF RSI & STOCH Strategy by kzi by Cazimiro

breadthstudies multitimeframe relativestrengthindex multi-timeframe average strategy

This script is a teaml job with Indicator-Johns.
First he used my script, then i transform his code.
The origine:

The first transformation:

Funny moment together, thanks for that. :)

This sharing is an indicator where you can see the average of different time frames.

The RSI is the blue line
The Stock is the yellow line

You can manage the timeframe in the parameters.

The strategy is to take position when the two lines get overbought or oversold and close when the stoch and RSI goes to the middle.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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