PROTECTED SOURCE SCRIPT
Updated (bullyena) Buy/Sell RSI Trend Change indicator
Features:
Shows buy/sell signal when RSI crosses above median levels. Default at 55.
The original median settings is filtered using multiple EMAs, SMAs and Bollinger Band in order to provide less noise and better signals.
Above median RSI- means trend is bullish
Below median RSI - means trend is bearish
Additional features:
Also has an option to use dual settings if you prefer overbought and oversold signals.
Shows buy/sell signal when RSI crosses above median levels. Default at 55.
The original median settings is filtered using multiple EMAs, SMAs and Bollinger Band in order to provide less noise and better signals.
Above median RSI- means trend is bullish
Below median RSI - means trend is bearish
Additional features:
Also has an option to use dual settings if you prefer overbought and oversold signals.
Release Notes
Updated the logic of the buy/sell codeRelease Notes
Updated logic to include Stoch RSI as filterOptimized for BTCUSD Bitfinex chart
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.
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.