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cooper_5e
Sep 2, 2019 8:53 PM

5e_RSI Trend Friend 

Bitcoin / U. S. DollarKraken

Description

this is a blend of my rsiomograph and tdi scripts.

stripping out alot of noise you can pinpoint good calls using this and a couple of my other ones.

line key:
fast rsi = blue
slow rsi = pink
trend = orange

firstly you wait for blue to cross pink, this alerts you of an incoming move (gamblers my trade this)
note: long calls will come from a <50 rsi and short calls will come from a >50 rsi - when rsi is above 50 the graph lights green, below 50 lights red.

secondly if the above has matched you wait for blue to cross orange this is you long/shot spot buy - signalled with red or lime cross
note: a long call will come if orange is rising away from 30, and a short call is confirmed by orange moving down from 70

if the criteria do not match, do not trade and wait setup.

**trade responsible and only play with what u can afford***

Release Notes

test scripts
Comments
cooper_5e
might add colored bars to this script, feedback needed first though...

cooper_5e
trend Friend on 15m oil setup:

cooper_5e
price and rsi fractal, will it play out?
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