LONG Entry when RSI is GREEN & Above "dash" line SHORT Entry when RSI is RED & Below "dash" line LONG Exit when RSI turns to RED from GREEN SHORT Exit when RSI turns to GREEN from RED SIDEWAYS movement when RSI line is BLACK; Wait for pullback or reversals here.
Use on Higher Timeframes only.
Release Notes
Addition: Indicator modified for lower timeframes;
Update: IGNORE previous one as it FAILED in live market. USE that version at your own risk.
Protected script
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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.