PROTECTED SOURCE SCRIPT
RSI EMA BARCOLORED
i configured and made rsi 21 for less noisy and added 3 ema on it
how it works?
when rsi is under ema55 and crossover ema20 barcolor turns to green to buy
when rsi is above ema55 and crossunder ema20 barcolor turns to red to sell
recommend to use 4h, 8h and higher time frames even reliable for all time frames
higher time frames is good to catch trends
how it works?
when rsi is under ema55 and crossover ema20 barcolor turns to green to buy
when rsi is above ema55 and crossunder ema20 barcolor turns to red to sell
recommend to use 4h, 8h and higher time frames even reliable for all time frames
higher time frames is good to catch trends
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Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.