OPEN-SOURCE SCRIPT
RSI Swing Trading Setup (2-Period)
A simple script that adjusts the RSI visibly in order to better accommodate swing trading and certain swing trading setups/strategies.
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Best used in conjunction with "Linear Regression Channel by LonesomeTheBlue" with 2.2σ (std.dev) and Show Fib Levels.
https://www.tradingview.com/script/efXI515C-Linear-Regression-Channel/
^Click image for a redirect to that script.
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In certain price action patterns:
(USE THE LINEAR REGRESSION CHANNEL TO VALIDIFY THE RETRACEMENTS)
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(1)
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(2)
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Best used in conjunction with "Linear Regression Channel by LonesomeTheBlue" with 2.2σ (std.dev) and Show Fib Levels.
https://www.tradingview.com/script/efXI515C-Linear-Regression-Channel/
^Click image for a redirect to that script.
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In certain price action patterns:
- A bearish reversal from a previously bullish move can indicate tops of a rally if the RSI moves from 0-40 to 60 (1)
- A bullish reversal from a previously bearish move can indicate bottoms of a pullback if the RSI moves from 60-100 to 40 (2)
(USE THE LINEAR REGRESSION CHANNEL TO VALIDIFY THE RETRACEMENTS)
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(1)
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(2)
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Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
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