PROTECTED SOURCE SCRIPT
RSI MOV
A Study on RSI and Moving Averages
Our current price action value is 200 RSI
Our moving average is 200 m/s
Our cycle base value is 1400 m/s
If we use 1400 as the pivot value,
If it stays below 200 m/s, the trend is downward.
If it stays above 200 m/s, the trend is upward.
We can consider the 200 RSI and 200 m/s crossovers as reaction movements.
The periods I use are:
5 minutes and 15 minutes for trading
1 hour and 4 hours for swing trading
Our current price action value is 200 RSI
Our moving average is 200 m/s
Our cycle base value is 1400 m/s
If we use 1400 as the pivot value,
If it stays below 200 m/s, the trend is downward.
If it stays above 200 m/s, the trend is upward.
We can consider the 200 RSI and 200 m/s crossovers as reaction movements.
The periods I use are:
5 minutes and 15 minutes for trading
1 hour and 4 hours for swing trading
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.