This Script is based on the RSI, MFI, and Stochastic RSI signals., which can be selected individually. Setting the Bound level will adjust your signal Utilizing the over bought and over sold conditions on the RSI, MFI, and Stoch RSI collectively. It which can be adjusted to work for any market.
How signals are generated and can be adjusted, below numbers are set as standard.
• When RSI, MFI, and Stochastic RSI crosses above 30, go Long “Buy” • When RSI, MFI, and Stochastic RSI crosses below 70, go Short “Sell”
Make sure to check different time frames to suite your conditions. This Strategy only Triggers when all the selected indicators are in the overbought or oversold condition together.