OPEN-SOURCE SCRIPT
MTF RSI EMA snakes
This simple script plots 2 moving averages of RSI at 2 selected timeframes.
Setting each set of moving averages to a higher timeframe allows for monitoring of momentum at that time frame, and comparison of momentum across timeframes.
Crossovers of the respective averages of different time frames can be used as trade signals.
Having the leading average above the slower average on both timeframes can be an effective trend filter.
Setting each set of moving averages to a higher timeframe allows for monitoring of momentum at that time frame, and comparison of momentum across timeframes.
Crossovers of the respective averages of different time frames can be used as trade signals.
Having the leading average above the slower average on both timeframes can be an effective trend filter.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。