OPEN-SOURCE SCRIPT
Dual Strength RSI
Dual Strength RSI Indicator
Republished: The original script violated house rules by including an external link to Backtest Rookies.
Background
This is a simple indicator was designed as part of a tutorial on the Backtest-Rookies website.
Logic
The indicator will plot RSI values from 2 timeframes. The first plotted line will be the current timeframe and the second line will be a user selected timeframe. The theory is that if the instrument is overbought / oversold on two timeframes at the same time, it might be more likely to reverse or revert to the mean.
As with most oscillating indicators, this will likely be most suitable for ranging market conditions.
Examples
Republished: The original script violated house rules by including an external link to Backtest Rookies.
Background
This is a simple indicator was designed as part of a tutorial on the Backtest-Rookies website.
Logic
The indicator will plot RSI values from 2 timeframes. The first plotted line will be the current timeframe and the second line will be a user selected timeframe. The theory is that if the instrument is overbought / oversold on two timeframes at the same time, it might be more likely to reverse or revert to the mean.
As with most oscillating indicators, this will likely be most suitable for ranging market conditions.
Examples
오픈 소스 스크립트
진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.
면책사항
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