This script is intended to print signals on the main price chart and send alerts when the RSI is overbought or oversold.
You can customize the source of the signal (open, close, etc), as well as oversold/overbought levels, and RSI length.
You can customize the source of the signal (open, close, etc), as well as oversold/overbought levels, and RSI length.
Versionsinformation:
Added options to automatically back-test the accuracy of the RSI signals. A work in progress...
Use the wait time and TP % to set-up your trade parameters, then fine tune your RSI settings until you get only the signals you want.
Use the wait time and TP % to set-up your trade parameters, then fine tune your RSI settings until you get only the signals you want.