PROTECTED SOURCE SCRIPT
Updated RSI Strategy [Nostradanis]
Strategy based on an adaptation of the Relative Strength Index and slow exponential moving average.
Green lines: uptrend
Gray lines: lateral trend
Red Lines: downtrend
Use:
When RSI crosses up 40 and 50 lines can be a good long entry if ema trend is clearly bullish.
55 line confirms entry.
Designed for swing with under $20 shares but can be adapted to scalping
Green lines: uptrend
Gray lines: lateral trend
Red Lines: downtrend
Use:
When RSI crosses up 40 and 50 lines can be a good long entry if ema trend is clearly bullish.
55 line confirms entry.
Designed for swing with under $20 shares but can be adapted to scalping
Release Notes
SettingsRelease Notes
Improved entriesImproved exits by Take Profit and Stop Loss
Release Notes
It is advisable to adjust the TP and SL according to the volatility of each shareRelease Notes
New AlertProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.