OPEN-SOURCE SCRIPT

Mathias & Christer Timeframe RSI

This strategy is based on High and low RSI.

If RSI is => 80 and RSI drops enter Sell position
If RSI is =< 20 anr RSI goes up enter Buy position.

as exit I use MA crosses
MA short (30)
MA Long (50)

Exponential Moving Average (EMA)Relative Strength Index (RSI)

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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