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WSTF RSI2 Indicator

This is the Indicator replicating the basic RSI(2) created by Wilders.
Buy condition:
(RSI(2) crossed under 10) & (close > EMA(200)) & (EMA(5) > close)
Sell condition:
(RSI(2) crossed over 90) & (close < EMA(200)) & (EMA(5) < close)
You can play around with the script by adjusting the RSI Values, EMA values and crossover & crossunder threshold.
We will update the script with new features in the futures.
Please don't hesitate to share some Ideas or Feedbacks, we would be happy to improve the script for you !
Have fun !
WS TradingFactory
Buy condition:
(RSI(2) crossed under 10) & (close > EMA(200)) & (EMA(5) > close)
Sell condition:
(RSI(2) crossed over 90) & (close < EMA(200)) & (EMA(5) < close)
You can play around with the script by adjusting the RSI Values, EMA values and crossover & crossunder threshold.
We will update the script with new features in the futures.
Please don't hesitate to share some Ideas or Feedbacks, we would be happy to improve the script for you !
Have fun !
WS TradingFactory
Nota Keluaran
Update: EMA Plotted on the chartPenafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.