OPEN-SOURCE SCRIPT
RSI-Based Buy/Sell Signals (15m)
//version=5
indicator("RSI-Based Buy/Sell Signals (15m)", overlay=false)
// Set the timeframe to 15 minutes
fifteenMinClose = request.security(syminfo.tickerid, "15", close)
// RSI Calculation
rsi = ta.rsi(fifteenMinClose, 14)
// Buy/Sell Conditions
buySignal = ta.crossover(rsi, 30) // Buy when RSI crosses above 30
sellSignal = ta.crossunder(rsi, 70) // Sell when RSI crosses below 70
// Plot Buy/Sell Signals in RSI pane
plotshape(buySignal, style=shape.triangleup, location=location.belowbar, color=color.new(color.green, 80), size=size.tiny, text="BUY")
plotshape(sellSignal, style=shape.triangledown, location=location.abovebar, color=color.new(color.red, 80), size=size.tiny, text="SELL")
// Plot RSI in a separate pane
hline(70, "Overbought", color=color.red)
hline(30, "Oversold", color=color.green)
plot(rsi, color=color.blue, title="RSI")
indicator("RSI-Based Buy/Sell Signals (15m)", overlay=false)
// Set the timeframe to 15 minutes
fifteenMinClose = request.security(syminfo.tickerid, "15", close)
// RSI Calculation
rsi = ta.rsi(fifteenMinClose, 14)
// Buy/Sell Conditions
buySignal = ta.crossover(rsi, 30) // Buy when RSI crosses above 30
sellSignal = ta.crossunder(rsi, 70) // Sell when RSI crosses below 70
// Plot Buy/Sell Signals in RSI pane
plotshape(buySignal, style=shape.triangleup, location=location.belowbar, color=color.new(color.green, 80), size=size.tiny, text="BUY")
plotshape(sellSignal, style=shape.triangledown, location=location.abovebar, color=color.new(color.red, 80), size=size.tiny, text="SELL")
// Plot RSI in a separate pane
hline(70, "Overbought", color=color.red)
hline(30, "Oversold", color=color.green)
plot(rsi, color=color.blue, title="RSI")
Skrypt open-source
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 publications is governed by House rules. Możesz go oznaczyć jako ulubione, aby użyć go na wykresie.
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