RSI Average Swing Bot

This is a modified RSI version using as a source a big length(50 candles) and an average of all types of sources for candle calculations such as ohlc4, close, high, open, hlc3 and hl2 .

In this case we are going to use a 0-1 scale for an easier calculation, where 0.5 is going to be our middle point.

Above 0.5 we consider a bullish possibility.
Below 0.5 we consider a bearish possibility.

I made a small example bot using that initial logic, together with 2 exit points for long or short positions.

If there are any questions, let me know !


本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。