OPEN-SOURCE SCRIPT

SLOW RSI OB/OS Strategy

By Craig_Claussen
Slowing the RSI down opens up a whole new world of possibilities.
This concept can work for a lot of TA indicators including the MACD.

See script source code for further description. Feel free to add pyramid trades at your own discretion in your format menu.
No this doesn't repaint!

Moving AveragesOscillatorsrsi-emarsi_overboughtrsi_oversoldTrend Analysis
Craig_Claussen

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer