OPEN-SOURCE SCRIPT
RSI2 Scapling
Updated
Rule
1. Price is above its 200-period moving average
2. The 2-period RSI of price closes below 5
3. Buy price on the close
4. Exit when price closes above its 5-period moving average
1. Price is above its 200-period moving average
2. The 2-period RSI of price closes below 5
3. Buy price on the close
4. Exit when price closes above its 5-period moving average
Release Notes
replace short to closeOpen-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
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.