This indicator works as
Signals as preset are quite rare but accurate try different timeframes and rsi levels / periods
for buys
- slower rsi goes below 40 / 30 bars ago
- then ema 20/30/50 are trending up 15 bars ago
- then faster rsi 1 bar ago goes below 15
- current bar is an engulfing bar
- so its a multi stage setup with very accurate signals.
- inverse for sells
- able to change inputs how far in the past these occur
- able to change rsi levels and periods and exponetial moving averages.
please as default add ema 20/30/50 and two rsi period 4 levels 15/85, rsi 7 levels 40/60.
displays red lines for sell signals and blue for buy signals .
