PROTECTED SOURCE SCRIPT
Bharat Jhunjhunwala - RSI Cross Trading Signal
RSI Crossover Indicator
This custom indicator uses the Relative Strength Index (RSI) to generate precise buy and sell signals based on momentum shifts. The strategy works as follows:
Buy Signal: Triggered when:
The Daily RSI is above 50, indicating bullish market conditions.
The Hourly RSI crosses above 70, signaling a strong upward momentum.
Sell Signal: Triggered when:
The Daily RSI is below 50, indicating bearish market conditions.
The Hourly RSI crosses below 30, signaling potential downward momentum.
The indicator plots green up arrows for buy signals and red down arrows for sell signals, making it ideal for traders looking to trade momentum shifts with clarity.
This custom indicator uses the Relative Strength Index (RSI) to generate precise buy and sell signals based on momentum shifts. The strategy works as follows:
Buy Signal: Triggered when:
The Daily RSI is above 50, indicating bullish market conditions.
The Hourly RSI crosses above 70, signaling a strong upward momentum.
Sell Signal: Triggered when:
The Daily RSI is below 50, indicating bearish market conditions.
The Hourly RSI crosses below 30, signaling potential downward momentum.
The indicator plots green up arrows for buy signals and red down arrows for sell signals, making it ideal for traders looking to trade momentum shifts with clarity.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
prorsi.com
MFTA,CMT,CFTe,MSTA
prorsi.com
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.
Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
prorsi.com
MFTA,CMT,CFTe,MSTA
prorsi.com
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.