Please note that you cannot trade the unemployment rate directly. This model is meant to help you understand the state of the current economy in the context of unemployment.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.
//@version=2 strategy("Unemployment Momentum Model", overlay=true) price = close basis = rsi(price, input(3)) rsiema = ema(basis, input(6)) trigger = input(50) strategy.risk.allow_entry_in(strategy.direction.long) if (crossover(rsiema, trigger)) strategy.entry("RISING", strategy.long, comment="RISING") if (crossunder(rsiema, trigger)) strategy.entry("FALLING", strategy.short, comment="FALLING")