PROTECTED SOURCE SCRIPT
rsi_support & resistance

Resistance: The price where RSI touches the red line.
Support: The price where RSI touches the green line.
Trade setup:
1. Sell calls if resistance holds.
2. Buy calls if resistance broken.
3. Sell puts if support holds.
4. Buy puts if support broken.
Set the length of support resistance in input, default value 10.
Support: The price where RSI touches the green line.
Trade setup:
1. Sell calls if resistance holds.
2. Buy calls if resistance broken.
3. Sell puts if support holds.
4. Buy puts if support broken.
Set the length of support resistance in input, default value 10.
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.