OPEN-SOURCE SCRIPT
Triple Screen DB + RSI Divergence
Since you're already using CHOCH, BOS, CISD, Fibonacci OTE, premium/discount, and liquidity in your NQ trading, this strategy works best as an additional filter rather than a standalone system.
An A+ buy setup would look like this:
Higher timeframe (15m or 1H) is bullish.
Price pulls into a discount area or bullish order block.
A Double Bottom forms near support.
RSI prints bullish divergence.
The 1-minute chart confirms with a CHOCH or CISD.
Enter on the retracement, place the stop below the Double Bottom, and target the next liquidity level or previous high.
This approach stacks multiple confirmations instead of relying on a single signal, which generally leads to higher-quality trade opportunities.
An A+ buy setup would look like this:
Higher timeframe (15m or 1H) is bullish.
Price pulls into a discount area or bullish order block.
A Double Bottom forms near support.
RSI prints bullish divergence.
The 1-minute chart confirms with a CHOCH or CISD.
Enter on the retracement, place the stop below the Double Bottom, and target the next liquidity level or previous high.
This approach stacks multiple confirmations instead of relying on a single signal, which generally leads to higher-quality trade opportunities.
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.