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RSI Currency Strength Correlation by Lukas

Hello guys.
This is RSI Currency Strength with less noise, combine with my Price CSI to get the best result.
How it works :

This Indicator (on bottom) will tell you RSI information, and my other indicator I mentioned above (on the middle) will tell you price movement.
Sometimes when RSI up doesn't mean Price will go up, that's why divergence happen.
So trading only with RSI will trigger many false signal. Combine both of indicator will help you make better decision.
Buy :
- RSI rising up and price rising up
- If price already strong, wait for the RSI on strong currency pullback and rebound.
Sell :
- RSI going down and price going down
- don't sell when RSI going down but the price is not going down
I use one hour chart, usually can get 3-5 hours trade
Setting :
- Timeframe : you can play around with, your timeframe x 2
- MA length : I use 21,5,8
This is RSI Currency Strength with less noise, combine with my Price CSI to get the best result.
How it works :
This Indicator (on bottom) will tell you RSI information, and my other indicator I mentioned above (on the middle) will tell you price movement.
Sometimes when RSI up doesn't mean Price will go up, that's why divergence happen.
So trading only with RSI will trigger many false signal. Combine both of indicator will help you make better decision.
Buy :
- RSI rising up and price rising up
- If price already strong, wait for the RSI on strong currency pullback and rebound.
Sell :
- RSI going down and price going down
- don't sell when RSI going down but the price is not going down
I use one hour chart, usually can get 3-5 hours trade
Setting :
- Timeframe : you can play around with, your timeframe x 2
- MA length : I use 21,5,8
受保護腳本
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這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
受保護腳本
此腳本以閉源形式發佈。 不過,您可以自由使用,沒有任何限制 — 點擊此處了解更多。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。