mtf rsi

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mtf rsi

Postby parisbruce » Mon Apr 08, 2019 3:05 am

hi i use three rsi on different timeframes. i would like an indicator built if possible.
a long entry would be rsi x is above rsi y on daily timeframe and then on a lower timeframe the trigger is rsi coming out of oversold.so eg the daily rsi 14 is above the daily rsi 28 and then on the 4hr chart the trigger for the trade is rsi 7 has crossed over 30 value to come out of oversold. and the opposite for shorts i would need to have the option of live or end of turn and limit and stops.
thanks for your attention
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Re: mtf rsi

Postby Avignon » Mon Apr 08, 2019 5:40 pm

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Re: mtf rsi

Postby Apprentice » Tue Apr 09, 2019 6:01 am

Will this be an indicator, signal or strategy?
In general, the indicator will only provide a graphical indication.
(if needed, trade logic can be added)
The strategy can trade (without any graphics)
The signal can only provide signals.
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