OPEN-SOURCE SCRIPT
RSI Fibonacci Reversal Strategy (Intraday Hunter)
This strategy is designed to capture intraday reversals by combining RSI momentum shifts with Fibonacci retracement levels, filtered by high-probability trading sessions.
It focuses on identifying bottom formations and local tops, allowing multiple entries during strong trends while exiting fully on reversal signals.
Best Used For:
SPY / SPXL / NASDAQ
Intraday trading
Momentum reversals
0DTE / short-term strategies
⚠️ Disclaimer
This strategy is for educational purposes only. Past performance does not guarantee future results. Always manage risk properly.
It focuses on identifying bottom formations and local tops, allowing multiple entries during strong trends while exiting fully on reversal signals.
Best Used For:
SPY / SPXL / NASDAQ
Intraday trading
Momentum reversals
0DTE / short-term strategies
⚠️ Disclaimer
This strategy is for educational purposes only. Past performance does not guarantee future results. Always manage risk properly.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.