Horus RSI Stoch BTC - SPX EMA Spread — Indicator by Wuuzzaa

oscillator bitcoin btc btcusd spx500usd rsi_overbought rsi_oversold

Hello Traders,

Horus RSI Stoch BTC - SPX EMA Spread is an oscillator based on BITSTAMP:BTC and the SPX500USD EMA spread and may indicate Bitcoin oversold / overbought conditions compared to SPX. You can also setup an other time frame.

How it works?
- Like an RSI but only for BTC
- Setup any time frame you want
- Display Stochastic
- Display StochRSI
- Display Crosses for potential breakout / breakdown

If its indicated overbought, this does not mean it can't go higher. Same the other way around.

Use other indicators and PA for more confluence.

Wuuzzaa

Release Notes:

Added RSI Extrems and offset

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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