OPEN-SOURCE SCRIPT

BitCoin RSI Trend

已更新
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
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Or, get a good long trade on MATICUSDT when the RSI of BTC is between 50 and 70
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發布通知
Changing the RSI calculation with security function.
發布通知
Making the code shorter.
發布通知
Added BTC RSI value label
BTCRelative Strength Index (RSI)trend

開源腳本

在真正的TradingView精神中,這個腳本的作者以開源的方式發佈,這樣交易員可以理解和驗證它。請向作者致敬!您可以免費使用它,但在出版物中再次使用這段程式碼將受到網站規則的約束。 您可以收藏它以在圖表上使用。

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