This chart will help you plot on following condition
Source: 1. RSI Subtraction between two series 2. Historic Volatility (HV)
The conditions are: 1. RSI sub should cross over 0 (any direction) 2. EV should be high for last 5 values 3. If RSI Sub is above 0 - the direction of trade is Long (flag Green), if its below 0 - the direction of trade is short (flag red)
Release Notes
Fixed bug while calculating low
Release Notes
bug fix - HV highest calculation - compare only this for short trades as well
Release Notes
change : plot only pink candles
Release Notes
Added High, Low & High+RSI Sub Lines for entry candle Removed plots for HV, RSI etc as the scale cannot be set
Release Notes
changed High + RSI sub as adaptive, rather than considering only entry candle
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.