OPEN-SOURCE SCRIPT
Multi-Timeframe RSI Strategy with Momentum, ADX, and VWMA
It is a simple strategy based on RSI indicator on various time frames.
When the RSI is higher than 50 in all time frames (in this case we have taken three time frames, 15 min, 10 min and 5 min) and lower time frame RSI is higher than its next time frame RSI, the ENTRY should be taken. And exit the trade when any RSI is lower than 50.
When the RSI is higher than 50 in all time frames (in this case we have taken three time frames, 15 min, 10 min and 5 min) and lower time frame RSI is higher than its next time frame RSI, the ENTRY should be taken. And exit the trade when any RSI is lower than 50.
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