RSI Strategy
//Created By Aex1403 on 31/12/2015 study(title="Mother", shorttitle="Mother", precision=0) src = close len = input(9, minval=1, title="Length") upLine = input(70, minval=50, maxval=90, title="Upper Line Value?") lowLine = input(30, minval=10, maxval=50, title="Lower Line Value?") sml = input(true, title="Show Mid Line?") sbh = input(true, title="Show Back Ground Highlights When RSI is Above/Below High/Low Lines?") sch = input(true, title="Show Back Ground Highlights When RSI Cross?") apsbuy = input(true, title="Show Back Ground Highlights When 2nd RSI is Above Upper Line Value?") apssell = input(true, title="Show Back Ground Highlights When 2nd RSI is Below Lower Line Value?") useCurrentRes = input(true, title="Use Current Chart Resolution?") resCustom = input(title="Use Different Timeframe? Uncheck Box Above", type=resolution, defval="60") ssRSI = input(false, title="Show 2nd RSI?") resCustom2 = input(title="Use 2nd RSI? Check Box Above", type=resolution, defval="D") useCurrentRes2 = input(false, title="Use 2nd RSI Plot On Samet Timeframe?") len2 = input(7, minval=1, title="2nd RSI Length") res = useCurrentRes ? period : resCustom res2 = useCurrentRes2 ? period : resCustom2 up = rma(max(change(src), 0), len) down = rma(-min(change(src), 0), len) rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down)) outRSI = security(tickerid, res, rsi) up2 = rma(max(change(src), 0), len2) down2 = rma(-min(change(src), 0), len2) rsi2 = down2 == 0 ? 100 : up2 == 0 ? 0 : 100 - (100 / (1 + up2 / down2)) outRSI2 = security(tickerid, res2, rsi2) aboveLine = outRSI > upLine ? 1 : 0 belowLine = outRSI < lowLine ? 1 : 0 plot(outRSI, title="RSI", style=line, linewidth=3, color=black) plot(ssRSI and outRSI2 ? outRSI2 : na, title="2nd RSI - Different Time Frame?", style=linebr, linewidth=4, color=orange) p1 = plot(upLine, title= "Upper Line", style=solid, linewidth=3, color=red) p2 = plot(lowLine, title= "Lower Line", style=solid, linewidth=3, color=lime)