INVITE-ONLY SCRIPT

TTP RSI ratio long/shorts

Updated
This indicator uses RSI on the chart symbol and the ratio of BTCUSDLONGS vs BTCUSDSHORTS to identify areas of higher and lower risk to enter or exit the market.

I personally prefer to use this indicator in the 1hour, 30 mins and 15 mins timeframes.

It can send alerts and its backtestable with Gavins backtester, TTPTSL and other strategies that accept 1 as an entry.
Release Notes
Thresholds adjusted for improved performance on BTC 1 hour timeframe.
Added tooltips with explanations of parameters.
New parameter RSI thresholds for better fine tuning.
bitfimexlongsRelative Strength Index (RSI)shorts

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact TheTradingParrot for more information, or follow the author's instructions below.

Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

you can get access to this indicator with a tier equal or higher than observer from https://thetradingparrot.com/tiers

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