OPEN-SOURCE SCRIPT
Updated Impulse Strategy Signals V2
This is a low timeframe strategy based on SMMAs and RSI, shared by Investishare.
This script turns the indicator into a strategy and allows for several variables to be customized.
This script turns the indicator into a strategy and allows for several variables to be customized.
Release Notes
Fixed some bugsRelease Notes
Fixed some issues to ensure triggers happen both, when RSI crosses but also when price action closes outside of 3 SMMAsRelease Notes
Updated the script to only trigger at SMMA 21-50 crossover and SMMA 200 crossoverOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.