OPEN-SOURCE SCRIPT
RSI multitimeframe SMA crossover
Strategy based on the multi timeframe equally weighted RSI moving averages turned into single average and then cross of the 2 combined outputs, seems to be promising, default settings work good on 5m chart(better entry) but very filtered trade amount. If you want to use it on different timeframes be my guest and mess with adjustments, pretty much every aspect of strategy is adjustable, idea is same. If somebody liked the idea and able to improve it - share with me :)
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.
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.