OPEN-SOURCE SCRIPT
Updated RSW2 - Realise Short Waves Smoothed

English:
Smoothed version of RSW, gives less signals.
Works better in short term graphs, like 15mins.
RSW Smoothed aims to give you daytrading and stoploss signals.
Usage:
If leaves green region upwards: long position(buy) or close short position
If enters green region downwards: close short position
If enter red region downward : close long position
If leaves red region downward:short position(sell) or close long position
Türkçe:
RSW indikatörümüzün düzleştirilmiş hali.
Kısa vadeli grafiklerde daha verimli çalışır , mesela 15 dk.lık
RSW Smoothed günlük al-sat-stop sinyalleri vermeyi amaçlar.
Kullanımı:
Yeşil bölgeyi yukarı keserek terkederse: long (al) veya short pozisyonu kapat
Yeşil bölgeye aşağı keserek girerse: short pozisyonu kapat
Kırmızı bölgeye aşağı keserek girerse : long pozisyonu kapat
Kırmızı bölgeyi aşağı keserek terkederse : short(sat) veya long pozisyonu kapat
Smoothed version of RSW, gives less signals.
Works better in short term graphs, like 15mins.
RSW Smoothed aims to give you daytrading and stoploss signals.
Usage:
If leaves green region upwards: long position(buy) or close short position
If enters green region downwards: close short position
If enter red region downward : close long position
If leaves red region downward:short position(sell) or close long position
Türkçe:
RSW indikatörümüzün düzleştirilmiş hali.
Kısa vadeli grafiklerde daha verimli çalışır , mesela 15 dk.lık
RSW Smoothed günlük al-sat-stop sinyalleri vermeyi amaçlar.
Kullanımı:
Yeşil bölgeyi yukarı keserek terkederse: long (al) veya short pozisyonu kapat
Yeşil bölgeye aşağı keserek girerse: short pozisyonu kapat
Kırmızı bölgeye aşağı keserek girerse : long pozisyonu kapat
Kırmızı bölgeyi aşağı keserek terkederse : short(sat) veya long pozisyonu kapat
Release Notes
English: Smoothed version of RSI , gives less signals.
Works better in short term graphs, like 15mins.
RSI Smoothed aims to give you daytrading and stoploss signals.
Usage:
If leaves green region upwards: long position(buy) or close short position
If enters green region downwards: close short position
If enter red region downward : close long position
If leaves red region downward:short position(sell) or close long position
Türkçe:
RSI indikatörü düzleştirilmiş hali.
Kısa vadeli grafiklerde daha verimli çalışır , mesela 15 dk .lık
RSI Smoothed günlük al-sat-stop sinyalleri vermeyi amaçlar.
Kullanımı:
Yeşil bölgeyi yukarı keserek terkederse: long (al) veya short pozisyonu kapat
Yeşil bölgeye aşağı keserek girerse: short pozisyonu kapat
Kırmızı bölgeye aşağı keserek girerse : long pozisyonu kapat
Kırmızı bölgeyi aşağı keserek terkederse : short(sat) veya long pozisyonu kapat
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.