OPEN-SOURCE SCRIPT
RSI-Gauss-WiP
The Logic
This strategy combines John Ehlers' N-Pole Gaussian Filter with Stoch-RSI momentum to capture high-probability trend expansions. It replaces lagging moving averages with a responsive Gaussian volatility channel to identify true price breakouts.
Entry & Exit
Long Entry: Gaussian trend is bullish (sloping up), price breaks above the Upper Channel, and Stoch-RSI confirms strong cyclical momentum.
Long Exit: Price crosses back under the Gaussian Midline, providing a trailing exit that preserves gains during trend reversals.
Key Features
Gaussian Smoothing: Advanced signal processing filters market noise.
Volatility Channels: Uses Filtered True Range for adaptive entries.
Clean Chart: Optimized for a minimal UI by hiding labels and status line values.
Best used on 1H, 4H, and Daily timeframes for trending assets.
This strategy combines John Ehlers' N-Pole Gaussian Filter with Stoch-RSI momentum to capture high-probability trend expansions. It replaces lagging moving averages with a responsive Gaussian volatility channel to identify true price breakouts.
Entry & Exit
Long Entry: Gaussian trend is bullish (sloping up), price breaks above the Upper Channel, and Stoch-RSI confirms strong cyclical momentum.
Long Exit: Price crosses back under the Gaussian Midline, providing a trailing exit that preserves gains during trend reversals.
Key Features
Gaussian Smoothing: Advanced signal processing filters market noise.
Volatility Channels: Uses Filtered True Range for adaptive entries.
Clean Chart: Optimized for a minimal UI by hiding labels and status line values.
Best used on 1H, 4H, and Daily timeframes for trending assets.
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.