OPEN-SOURCE SCRIPT

True Strength Indicator BTCUSD 2H

16 343
Script based on True Strength Index (TSI) and RSI

A technical momentum indicator that helps traders determine overbought and oversold conditions of a security by incorporating the short-term purchasing momentum of the market with the lagging benefits of moving averages. Generally a 25-day exponential moving average (EMA) is applied to the difference between two share prices, and then a 13-day EMA is applied to the result, making the indicator more sensitive to prevailing market conditions.

!!! IMPORTANT IN ORDER TO AVOID REPAITING ISSUES
!!! USE Chart resolution >= resCustom parameter, suggestion 2H

Yellow zones indicates that you can claim position for better profits even before a claim confirmation.
Dark zones indicates areas where RSI shows overbought and oversold conditions.


BTCUSD

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.