Up&Down by CoinMetrika
Because of the sensitivity, it often makes noise. Therefore, it is recommended to use it in conjunction with the CustomRSI by CoinMetrika indicator, which is less sensitive and doubles as a confirmation indicator.
We are looking for a red triangle and a red dot on one bar in the overbought zone on these two indicators to enter a Short.
Conversely, we are looking for a green triangle and a green dot on one bar in the oversold zone on these two indicators to enter the Long.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact coinmetrika directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact coinmetrika directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.