PROTECTED SOURCE SCRIPT

RSI-Trend Formation

3 082
RSI Trend Formation uses RSI (9) along with 3 EMA and 21 WMA . 3 EMA and 21 WMA graphs have been plotted on RSI (9). RSI value above 50 will be considered as 'BUY' zone and RSI value below 50 will be considered as 'SELL' zone.

When 21 WMA ( Volume Strength) and 3 EMA (Price Strength) crosses RSI from above (that means both of these will go below RSI ), it is a Buy signal.
When 21 WMA ( Volume Strength) and 3 EMA (Price Strength) crosses RSI from below (that means both of these will go above RSI ), it is a Sell signal.

This is the best time of 3/5/15 min Time Frame for Intraday Traders..

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.