OPEN-SOURCE SCRIPT

Band of Filtered RS by Mustafa ÖZVER

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Band of Filtered RS by Mustafa ÖZVER

This code shows a range (max-min values) price may get if we get strong movements. These values is based on RSI (Relative Strange Index). And also these are calculated using RSI, if we get trades to make rsi is equal to 25 (or rsi down limit) or 75 (rsi up limit) or any value you set, how much will price value get? This code calculate these and shows these to you on graph.

This price are between these band limits because we expect cross reaction to hard movements on price.

For scalping, we can use these values as
long signal when price under down limit,
short signal when price over up limit,

But only these values can not guarantee good results for trading. BE CAREFUL

リリースノート

Band of Filtered RS by Mustafa ÖZVER

This code shows a range (max-min values) price may get if we get strong movements. These values is based on RSI (Relative Strange Index). And also these are calculated using RSI , if we get trades to make rsi is equal to 25 (or rsi down limit) or 75 ( rsi up limit) or any value you set, how much will price value get? This code calculate these and shows these to you on graph.

This price are between these band limits because we expect cross reaction to hard movements on price.

For scalping, we can use these values as
long signal when price under down limit,
short signal when price over up limit,

But only these values can not guarantee good results for trading. BE CAREFUL

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