OPEN-SOURCE SCRIPT
BitCoin RSI Trend
Actualizado
What is it?
This indicator will plot the RSI of BTC with a red or green background based on the top and bottom values which you can set.
How to use it?
For example, you want to trade only if the RSI of BTC is between 50 and 70, so the top value is 70 and bottom is 50. If the RSI value between those values the background will be green, else it will be red.
Why to use it?
The buy and sell strength of the BTC controls the other coins, and it is noticeable when the BTC is over sold and the RSI exceeding the 70, the price will reverse its movement to down, thus it is advisable to not open long position if the RSI of BTC is above the 70-75. Also, if the RSI is under 50 there is a big possibility to move down further to the over bought areas. The best is to buy a altcoins when the BTC RSI is between 50 and 70.
For example, I could avoid a bad long trade on MATICUSDT when the RSI of BTC is going under 50
Or, get a good long trade on MATICUSDT when the RSI of BTC is between 50 and 70
This indicator will plot the RSI of BTC with a red or green background based on the top and bottom values which you can set.
How to use it?
For example, you want to trade only if the RSI of BTC is between 50 and 70, so the top value is 70 and bottom is 50. If the RSI value between those values the background will be green, else it will be red.
Why to use it?
The buy and sell strength of the BTC controls the other coins, and it is noticeable when the BTC is over sold and the RSI exceeding the 70, the price will reverse its movement to down, thus it is advisable to not open long position if the RSI of BTC is above the 70-75. Also, if the RSI is under 50 there is a big possibility to move down further to the over bought areas. The best is to buy a altcoins when the BTC RSI is between 50 and 70.
For example, I could avoid a bad long trade on MATICUSDT when the RSI of BTC is going under 50
Or, get a good long trade on MATICUSDT when the RSI of BTC is between 50 and 70
Notas de prensa
Changing the RSI calculation with security function.Notas de prensa
Making the code shorter.Notas de prensa
Added BTC RSI value labelScript de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
¿Quiere utilizar este script en un gráfico?
Exención de responsabilidad
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