Indicator for Short & Long Entries by QodingTheMarkets

relativestrengthindex ema volume lcindicator lc

Indicator for Short & Long Entries based on:

- Volume
- Close Price
- Ema
- RSI

Feel free to test it out. The parameters are:

- Back Bars Long.- number of bars back to consider for long entries
- Back Bars Short.- number of bars back to consider for long entries

These are used to calculate the ema and rsi.

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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

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.

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