INVITE-ONLY SCRIPT

Combination RSI & PPO%

Updated
Shows signal bullish when RSI < 30 and MACD fast is below MACD slow and MACD fast is below -0.5
Release Notes
Signal generator: RSI, PPO, volume and relative candle close - Added volume and candle pattern
Still in testing.
Release Notes
updated signal labelling
Release Notes
This is an updated version of the signal generator based on PPO/MACD and RSI.
It also includes some candle pattern (candle closing higher/lower than 60% of the high/low).
I have also added specific patterns observed on the 1H charts on XBTUSD (Bitmex). They may not work on other tickers!!! These signals are marked in blue and have three stars (***).
As a rule, they should be entered on the open of the next candle and closed on RSI going upper/lower than 70/30, respectively.
I will share the results of the strategies built on the two XBT-specific signals as they are quite powerful.
However, one always needs to put stop losses and understand the R/S levels.
I recommend exiting any trades taken based on the blue signals either within 5 candles from the signal or on the second breach of RSI above/below 70/30.
ppoPrice Oscillator (PPO)Relative Strength Index (RSI)rsi_overboughtrsi_oversold

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