RafaelZioni

Low finder

RafaelZioni Updated   
Very simple script with alerts to detect potential low
based on difference between RSi and ema based rsi
the length control the sensitivity of this indicator (set here to be 21 )

btc

stock

forex
Release Notes:
add option for high detection with alerts
not perfect but you can try to use it as well
Open-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 a publication is governed by House Rules. You can favorite it to use it 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.

Want to use this script on a chart?