OPEN-SOURCE SCRIPT

Relative Strength Index; expert

Actualizado
How to use
Uptrend
Buy or Long on dip when RSI>50 or similar, RSI>Signal line and Divergence.
Downtrend
Short on dip(for a downtrend) when RSI<50 or similar, RSI<Signal line and Divergence(for a downtrend).

And you can use RSI to see if the trend has been braked yet. By drawing trend lines on RSI.

Sorry, I'm not good at English. But I am studying to be able to communicate better.

Good luck :)

Firstssk,
Notas de prensa
Hello
I've made some minor adjustments to the conditions to help reduce signal errors. The colors used have also been improved and color tabs have been added to aid observation.
The different color tabs can be interpreted as follows.
Pastel Green : Consider buying
Pastel Red : Consider selling
Pastel Blue: Prepare to buy as the price has moved too deeply. and may be adjusted soon
Pastel Yellow : Prepare to sell as the price has gone too high in no time. There may be a profitable sell-off.

This should be considered in various parts to reduce the risks that may occur.

Finally, we would like to thank you for your interest. If you want to suggest anything, you can let me know. And we will consider for further improvement. Thank you.
Notas de prensa
Update!!
1.Improved script.
2.improve signal conditions.
3.Add color to make it easier to spot.

Hope it will be helpful to you.
Exponential Moving Average (EMA)Relative Strength Index (RSI)Trend Analysis

Script 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.

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