The strategy is based on the indicator posted by @ChrisMoody "CM RSI-2 Strategy Lower Indicator" which is based on "Larry RSI-2 Strategy - Lower RSI"
In this strategy, the longs are placed when a green color is encountered in the in the previous candle and short when the red color is encountered in the .
Although the profits are booked when the crossover the 10 level mark or crossunder the 90 level mark.
Just message in the script if you have any different idea regarding this indicator.
For the original indicator you can refer to :
For Tips to continue :) -
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.