PROTECTED SOURCE SCRIPT
Trend RSI
This version of RSI shows the proper levels of how to trade price action.
RSI is more than a reversal tool. It is also a trend following tool.
I've added bands to show Overbought/Oversold.
Above 55 is bullish. Below 45 is bearish.
Do not make any transactions in the 45-55 gray band area.
Coupled with a 50/200 EMA strategy this is more than enough to make a living at trading.
RSI is more than a reversal tool. It is also a trend following tool.
I've added bands to show Overbought/Oversold.
Above 55 is bullish. Below 45 is bearish.
Do not make any transactions in the 45-55 gray band area.
Coupled with a 50/200 EMA strategy this is more than enough to make a living at trading.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.