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MTF RSI & STOCH Strategy

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This sharing is an indicator where you can see the average of different time frames.

The RSI is the blue line
The Stock is the yellow line

You can manage the timeframe in the parameters.

The strategy is to take position when the two lines get overbought or oversold and close when the stoch and RSI goes to the middle.

backtest

img

Source
Pine
/*backtest
start: 2021-05-09 00:00:00
end: 2022-05-08 23:59:00
period: 1d
basePeriod: 1h
exchanges: [{"eid":"Futures_Binance","currency":"BTC_USDT"}]
*/

////////////////////////////////////////// MTF Stochastic & RSI Strategy ©️ bykzis /////////////////////////////////////////
//

// *** Inspired by "Binance CHOP Dashboard" from @Cazimiro and "RSI MTF Table" from @mobester16 *** and LOT OF COPY of Indicator-Jones MTF Scanner
Strategy parameters
Strategy parameters
GRP1
Overbought Level
Oversold Level
GRP2
Timeframe 1
Timeframe 2
Timeframe 3
Timeframe 4
GRP3
RSI length
RSI Source
RSI Overbought Level
RSI Oversold Level
GRP4
%K length
Smooth K
Stochastic Source
Stochastic Overbought Level
Stochastic Oversold Level
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