OPEN-SOURCE SCRIPT
RSI + ADX + ML-like Strategy 5 Min
How It Works:
RSI (30/70 Levels)
Triggers entries when RSI crosses oversold/overbought thresholds.
ADX Trend Filter
Only trades are allowed when ADX > 25 (strong trend).
Linear Regression Prediction
It uses a sliding window of lookback bars to predict the next price.
RSI (30/70 Levels)
Triggers entries when RSI crosses oversold/overbought thresholds.
ADX Trend Filter
Only trades are allowed when ADX > 25 (strong trend).
Linear Regression Prediction
It uses a sliding window of lookback bars to predict the next price.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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Disclaimer
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