OPEN-SOURCE SCRIPT

Easy RSI Trend - The trend is your friend till the end

Aktualisiert
This indicator detects the trend for you and keeps you out of choppy markets. It does not give you a signal, rather it tells you for what kind of signals to look for on the top right of the screen: "Only Longs" or "Only Shorts"

If there is no trend or if a trend is overextended (overbought, oversold) it tells you: "No trade allowed"

The indicator does this by scanning the 4h and daily RSI. Both are displayed in a small table in the bottom right of the screen. The upper cell is the 4h RSI and the other the daily RSI value.

AGAIN: This indicator does not give you a signal. It only tells you the direction in which you should trade. It should be used with an indicator or a strategy that gives you a clear signal.
Versionshinweise
This indicator detects the trend for you and keeps you out of choppy markets. It does not give you a signal, rather it tells you for what kind of signals to look for on the top right of the screen: "Only Longs" or "Only Shorts"

If there is no trend or if a trend is overextended (overbought, oversold) it tells you: "No trade allowed"

The indicator does this by scanning the 4h and daily RSI. Both are displayed in a small table in the bottom right of the screen. The upper cell is the 4h RSI and the other the daily RSI value.

AGAIN: This indicator does not give you a signal. It only tells you the direction in which you should trade. It should be used with an indicator or a strategy that gives you a clear signal.
Versionshinweise
minor bug fix, default settings where wrong so that the script wouldn't display table and direction bias text by default
Versionshinweise
uses last candle close values instead of live values
Relative Strength Index (RSI)rsitrendTrend Analysistrendisyourfriendtrendtradetrendtradertrendtradingtrendyanalysis

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

Haftungsausschluss