This strategy checks MACDcrossover and RSI crossover. When MACD crosses up or down the signal line, it checks if RSI is crossing back OverSold or OverBought lines, respectively, over the past few candles. The period can be changed by the parameter "RSI lookback".
The strategy seems to work better for reversal—still a work in progress.
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 a publication is governed by House Rules.
You can favorite it to use it on a chart.
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