OPEN-SOURCE SCRIPT
EGADE Research-Based RSI Threshold Configuration
EGADE Research-Based RSI Threshold Configuration is an empirical RSI decision-support indicator based on the findings of research by Hatem Mabrouk, Federico Trigos, and Francisco Valderrey, Tecnologico de Monterrey, EGADE Business School, Mexico
The underlying study systematically evaluated nine RSI threshold configurations across nine major cryptocurrencies and the S&P 500 using weekly RSI(14) data. The findings challenge the conventional assumption that the standard 30/70 configuration is universally optimal and identify asset-specific dominant threshold configurations based on win rate, geometric weekly return, and average holding period.
This indicator operationalizes those empirical findings directly within TradingView. For assets included in the study, it automatically displays the research-based RSI threshold configuration identified by the empirical analysis.
The indicator provides three display modes:
• Research-Based: Displays the empirically identified threshold configuration for the selected asset.
• Conventional 30/70: Displays the traditional RSI 30/70 configuration.
• Compare Both: Displays the research-based and conventional configurations simultaneously for direct comparison.
The indicator uses weekly RSI(14) regardless of the chart timeframe and provides visual entry and exit zones, threshold-entry markers, alerts, and an information dashboard.
Assets currently supported by the empirical research: BTC, ETH, ADA, AVAX, BNB, DOGE, SOL, TRX, XRP, and the S&P 500.
Disclaimer: The findings and information presented through this indicator are intended exclusively for academic, research, educational, and decision-support purposes. Nothing contained in the underlying study or this indicator constitutes financial or investment advice, an investment recommendation, or a solicitation to buy or sell any financial instrument. Historical empirical performance does not guarantee future results. Users should conduct their own analysis and exercise independent judgment when making financial or investment decisions.
The underlying study systematically evaluated nine RSI threshold configurations across nine major cryptocurrencies and the S&P 500 using weekly RSI(14) data. The findings challenge the conventional assumption that the standard 30/70 configuration is universally optimal and identify asset-specific dominant threshold configurations based on win rate, geometric weekly return, and average holding period.
This indicator operationalizes those empirical findings directly within TradingView. For assets included in the study, it automatically displays the research-based RSI threshold configuration identified by the empirical analysis.
The indicator provides three display modes:
• Research-Based: Displays the empirically identified threshold configuration for the selected asset.
• Conventional 30/70: Displays the traditional RSI 30/70 configuration.
• Compare Both: Displays the research-based and conventional configurations simultaneously for direct comparison.
The indicator uses weekly RSI(14) regardless of the chart timeframe and provides visual entry and exit zones, threshold-entry markers, alerts, and an information dashboard.
Assets currently supported by the empirical research: BTC, ETH, ADA, AVAX, BNB, DOGE, SOL, TRX, XRP, and the S&P 500.
Disclaimer: The findings and information presented through this indicator are intended exclusively for academic, research, educational, and decision-support purposes. Nothing contained in the underlying study or this indicator constitutes financial or investment advice, an investment recommendation, or a solicitation to buy or sell any financial instrument. Historical empirical performance does not guarantee future results. Users should conduct their own analysis and exercise independent judgment when making financial or investment decisions.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.