OPEN-SOURCE SCRIPT

MACD RSI 2021-6-27

3 517
This combines a trend based setting (MACD) and an oscillator (RSI) into one, creating a little extra room to add something else. Everything is colored based on whether RSI above/below 50. Adjust the parameters to your liking. Of course, this setting works best when used on multiple time frames: Enter on one time frame, take profits on a lower one.

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.