Very interesting and simple scalping strategy with unbelievable results.
I added 4 versions that combines only the RSI OB/OS thresholds. Also the single variable that you can change is the RSI, sometimes RSI 3 or RSI 4 works better then the original. Also his exit point is not quite good in these days, so I added TP and SL to adjust it according to the market conditions. Added re-entries. It works in any time frame, so play with the TF, RSI and with all 4 variants until it fits to your needs.
Enjoy! Zekis
Release Notes
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Ability to modifiy the fast and slow moving averages
what are good settings for lower time frame... ? what these values mean V1,V2,V3,V4?
BeProactive
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@BeProactive, script looks good, but your description is not very clear
chandan60131193
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buddy could you please share the source code as I want to inbuilt some other oscillators and modify it.
tradertechnical
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Do you sell the source code for this indicator? I am interested in the contents of this indicator.
zorak2d
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could you specify the 4 methods? what is the difference between 1 and 2? Thanks! Excellent work!
smercer01
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Well done, thank you. Can you share more about the different versions. Applied to a chart, I see that they produce different tp and sl, but I have not firgured out what variables each version is using.
MachineMatrix
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Thank you great work brilliant useful script as always
Alpha_MXK
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@zekis Hi Zekis, thanks for making this, I find it quite useful, I was wondering can you add an option to change the Moving average Length or would you be willing to share the code for this ?
Regards
Mx