jsonjsone

RSI week/month level on daily Time frame

- You can analyse the trend strength on daily time frame by looking of weekly and monthly is greater than 60.
- Divergence code is taken from tradingview's Divergence Indicator code.

#Strategy 1 : BUY ON DIPS
- This will help in identifying bullish zone of the price when RSI on DAILY, WEEKLY and Monthly is >60
-Take a trade when monthly and weekly rsi is >60 but daily RSI is less thaN 40 .
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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Comments

Sorry, I am a beginner. How t o use the above code to daily scan it for USA markets?
How can I modify it to Hourly, Daily, weekly ?
+5 Reply
I was looking for this script since long.Thank you.....
Reply
Well Well Well....What a level!! 26611
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