RSI MTF Ob+Os

RSI

Cryptocurrency

Created: 2022-05-09 15:35:09

Last modified: 4 years ago

Copy: 13

QCoder

649

Followers

Hello Traders,

This indicator use the same concept as my previous indicator "CCI MTF Ob+Os".

It is a simple "Relative Strength Index" ( RSI ) indicator with multi-timeframe (MTF) overbought and oversold level.

It can detect overbought and oversold level up to 5 timeframes, which help traders spot potential reversal point more easily.

There are options to select 1-5 timeframes to detect overbought and oversold.

Aqua Background is "Oversold" , looking for "Long".
Orange Background is "Overbought" , looking for "Short".

Have fun :)

Source

Pine

/*backtest
start: 2021-05-08 00:00:00
end: 2022-05-07 23:59:00
period: 6h
basePeriod: 15m
exchanges: [{"eid":"Bitfinex","currency":"BTC_USD"}]
*/

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/

// © thakon33

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