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Intraday BUY/SELL

RSI
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BUY & SELL Scalp Signals for Crude Oil Future Contracts (Or it can be used with any scrip with good amount of Volume ) based on Sma & RSI overbought/oversold alert (!) for possible reversal indication.

Take Buy position only if candle breaks the high of alert candle & for Sell positions, take position if candle breaks low of the alert candle.

Best to perform with 3 min timeframe on Crude Oil Futures

backtest

img

Source
Pine
/*backtest
start: 2022-04-24 00:00:00
end: 2022-05-23 23:59:00
period: 4h
basePeriod: 15m
exchanges: [{"eid":"Futures_Binance","currency":"BTC_USDT"}]
*/

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © nicks1008

//@version=4
Strategy parameters
Strategy parameters
RSI Length
Higher Value of RSI
Lower value of RSI
SMA Length
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