PROTECTED SOURCE SCRIPT

RSI Trend Cycle [JMX]

8 891
RSI Trend cycle applies fast stochastics and a cyclic component to smooth out RSI movements and make reading of RSI trends dramatically easier.

Works on any timeframe.

Usage:
- LONG on cross from 0 upwards
- SHORT on cross from 100 downwards

Works best if:
  • traded in the prevailing direction of a market. If the market trend is bullish (like SPY) then you LONG from 0 and step aside on cross down from 100.
  • Used at an interval lower than the one you want to trade (i.e., 1h for intra-day trends, 1d for weekly trends)
  • Paired with an exit signal of your choice (i.e., trendline)





Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.